Asset transfer

Our specialist social business solicitors can support social business organisation through every stage of the community-asset-transfer process.

Without community-asset transfers, vital services and community areas would be lost. A community-asset transfer is the process transferring the ownership and/or management of assets such as parks, town halls, community centres, sport facilities, affordable housing and libraries from public-sector bodies to local charities or community groups.

Community groups take on the management and/or ownership from public-sector bodies to keep services open, enable refurbishment and improve local accountability. Ownership or management can be taken on as a freehold, long lease, shorter lease or a licence-to-occupy basis. There can also be linked service agreements, grant or funding conditions, and the transfer of staff to contend with.

Our community asset transfers service

At Anthony Collins Solicitors our specialist social-business team will work in partnership with you to guide you through the process of community-asset transfers. We can advise local community group, charity organisations or transferring public sector bodies on all aspects of community-asset transfer, including:

• The negotiation of transfer terms.
• The community rights including “Assets of Community Value” and the right to bid.
• The most appropriate legal structure for recipients.
• Funding and community-share issues.
• Working together and consortia.
• Employment.
• Intellectual property.

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Winner: Business Team of the Year 2018

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