Real Estate
Nonprofit leaders aim to serve as wise stewards of their property, attentive to accompanying financial responsibilities, risk management issues, and potential opportunities for third-party usage. Our real estate clients include religious institutions, schools, social service providers, fine arts nonprofits, youth programs, and community organizations.
Developing successful property tax exemption applications based on charitable, educational, or religious qualification, obtaining available tax refunds after exemption approval, and appealing unfavorable rulings.
Preparing formal legal opinions and other client guidance to address property tax exemption, potential federal income tax liability, risk management issues, and religious liberty implications.
Serving clients through all stages of the real estate purchase and sales process, from contract drafting through closing, along with nonprofit donation and loan transactions.
Preparing, evaluating, and negotiating commercial leases for nonprofit clients.
Developing noncommercial facility usage agreements that address legal compliance, property tax exemption qualification, and optimal relationships between parties.