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.