Standard Terms & Conditions in a Letter of Intent

Standard Terms & Conditions in a Letter of Intent

A Standard Sales Contract, which can be over 50 pages in length, is much more appropriately handled by an attorney familiar with the respective laws of the state, and is more typically referred to as a Purchase and Sales Agreement (or PSA). I focus here on the...
The Process of Formulating a Lease

The Process of Formulating a Lease

If the most likely or preferred option is the lease of the property, then the broker should do the following: Work with the Church to identify those areas of the property that could be leased on an exclusive basis versus those areas that may be shared by the tenant...
Developing a Request for Proposal

Developing a Request for Proposal

Now that you’ve met with your congregation, received authorization to explore your options, and engaged a competent and trustworthy real estate broker, you are ready to let the world know. The vehicle for seeking these options is a Request for Proposal (“RFP”). The...
A Plea to Realtors

A Plea to Realtors

CEO Mark Zuckerberg loves to recount—over and over again—how he created Facebook in his dorm room at Harvard as a way to connect people with each other. And I believe that he is sincere when he states this as the over-riding mission of his company. But like so many in...
Crafting a Comprehensive Facility Use Agreement

Crafting a Comprehensive Facility Use Agreement

Churches must follow the calling of Christ to be both “wise as serpents” and “innocent as doves” (Matt. 10:16, ESV) in missional interactions. Renting out space is absolutely a way to bless a community, but churches must not trade some missional vulnerability for...