Selling of a property is an important event and requires adherence to a structured process. Below are outlined key guidelines.

• In consideration of the sale of a property, the Presbytery needs to be consulted to assess the missional impact of the sale.
• A copy of the application form is to be forwarded to both Presbytery and Synod.
• The parties to a sale are The Uniting Church in Australia Property Trust (NSW) and the Purchaser.
• A valuation is required from a registered Valuer to determine the current value of the property. The Valuer is to advise whether GST is included or not.
• The dollar value of the sale project determines whether the approval comes from Synod or Presbytery. Projects less than $1,000,000 can be approved by Presbytery. Projects in excess of $1,000,000 must be approved by Synod.
• Where the sale relates to Aged Care, Child Care or Education, approval must also be received from the relevant Board.
• It is recommended that a solicitor is appointed.
• All legal documents must be submitted to the Property Trust for execution.
• A Certificate of Correctness must accompany all legal documentation.
• Following settlement, arrangement must be made with Property Services to cancel relevant property insurances.
• All monies from the sale of property must be sent to Synod, which will be retained in the name of the entity.
• 10% tithe will be deducted from sales proceeds, refer to the Tithe policy for property sale.