For many nonprofits, real estate is nothing more than a necessary operating expense.  For others it is an investment that brings in additional revenue through either the sale or lease of property. Both situations require the combined skill of a nonprofit attorney with that of a real estate lawyer, to handle the legalities of   nonprofit real estate transactions, including leases, contracts, financing, and tax reduction, avoidance and abatement.

Perlman & Perlman has years of experience advising nonprofits on a wide range of real estate transactional and litigation matters. Our expertise helps clients obtain good value in their real estate dealings, maximize the benefits of their tax-exempt status, and minimize their tax obligations on real property income, where applicable.

Our Real Estate Services include:

• Advising on the sale and lease of residential and commercial property.
• Obtaining property tax exemptions or abatements.
• Handling all aspects of real estate transfers by gift or bequest.
• Assisting with financing and loan agreements.
• Handling or assisting with real estate closings
• Avoiding unrelated business income tax from real property investments.
• Obtaining court approval for the sale of property by religious corporations
• Obtaining court approval for the transfer of substantially all a nonprofits assets