Managing or buying a public asset: Licensing, leasing, or freehold
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A high-level introduction to the ‘spectrum’ of legal options available, pros and cons for each, and how options relate to relevant policy.
Aimed at community groups contemplating transfer and their supporters/advisers.
The social, economic and environmental benefits that flow from making the most of assets to meet community needs is widely acknowledged.
The following graphic summarises the spectrum of ownership/management options that typically apply to publicly owned land and buildings. The options described here are not a hierarchy, and the intended outcomes of an initiative might be best served by any of the approaches.
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