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Official Custodian For Charities
babyblade41
Posts: 3,965 Forumite
Just thought I'd ask, does anyone know what this means?
Had a look on gov website but still not clear especially when it comes to selling
Had a look on gov website but still not clear especially when it comes to selling
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Comments
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https://www.gov.uk/government/publications/the-official-custodian-for-charities-land-holding-service-cc13/the-official-custodian-for-charities-land-holding-service
From my reading...
You can only register ownership of land if you have are a legal entity such as a person or a company. A charity, particularly a small one, may not be set up in this way, So any land it owns is registered in the name of the Official Custodian, a Charity Commission official. The Official Custodian has no power to do anything with the property other than keep records. All authority over the property stays with the charity's trustees.0 -
My MIL's property has this on the deeds... what would be any implications on selling it..would it be more difficult ?https://www.gov.uk/government/publications/the-official-custodian-for-charities-land-holding-service-cc13/the-official-custodian-for-charities-land-holding-service
From my reading...
You can only register ownership of land if you have are a legal entity such as a person or a company. A charity, particularly a small one, may not be set up in this way, So any land it owns is registered in the name of the Official Custodian, a Charity Commission official. The Official Custodian has no power to do anything with the property other than keep records. All authority over the property stays with the charity's trustees.0
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