Understanding Community Asset Transfer

For community businesses, owning an asset can provide a sustainable income stream and a secure base for community activities, service delivery and local enterprise. Community ownership also enables local people to take control of the important spaces and buildings which matter to them locally, to meet the priorities and needs of the local area.

Community Asset Transfer is the transfer of a publicly owned asset (usually land or buildings) to a community organisation at less than market value, or at nil consideration (no cost). This guide provides information and advice about CommunityAsset Transfer. It can be a long and complex process, and in this guide we provide support to guide you on your community ownership journey.

Understanding Community Asset Transfer (550.1KB pdf)

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