Community Clergy Breakfast
Thinking of selling property of your church, or getting a mortgage on the property to fund your activities? With the increase in New York real estate values, more churches are considering ways to unlock these values, or are being solicited by brokers or developers to do so.
New York law requires that any church which wants to sell, mortgage, or lease (for five years or more) any of its real property (land or buildings) must obtain approval from either the Attorney General or the state Supreme Court.
This breakfast presentation by the Chief of the New York Attorney General’s Charities Bureau, Jim Sheehan will review the opportunities and risks in church real estate, and the required steps and process for obtaining review and approval. He will also discuss other regulatory issues encountered by churches.
Seating is limited. RSVP NOW! Call Senator Sanders' District Office at 718-523-3069.
How a Bill Becomes Law
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Senator has new policy idea
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Idea is drafted into a Bill
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Bill undergoes committee process
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Senate and Assembly pass bill
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Bill is signed by Governor