Leasing property

Summary policy

Date
September 3, 2003

Reference number
CSP-L05

Key words

Lease - Renting

Policy statement

A registered charity can lease property to a third party (for example, space in a building not occupied by a registered charity). A charity can lease property to another registered charity below market value. However, if the charity leases property to a non-charity tenant, it must lease the property at fair market value.

Reference

• Guide T4033, Completing the Registered Charity Information Return