The Purpose

Provide parishes and schools (Entity) with a step-by-step process for responding to opportunities to sell property.

Property Types Included:  Land, commercial real estate, residential real estate

Selling Property

STEP 1 - 1st Request for Approval

Written request for approval from the Archbishop to investigate the sale.

Information to include:

  • Description, location, and size of the property
  • Purchaser’s intended use for the property
  • Estimated sales price and timing of the transaction
  • The Confirmation of Parish Support document found under FORMS on the CCSI Resources webpage

STEP 2

After the Archbishop’s Approval, contact Catholic Construction Services, Inc. (CCSI) to coordinate the next steps:

  • CCSI will perform a cursory inspection of the property
  • Entity and CCSI will discuss the terms of the contract to sell the property
  • Entity negotiates the terms of the sale with the purchaser
  • Entity determines if offer should be accepted

STEP 3 - 2nd Request for Approval

Written request for approval from the Archbishop:

  • To accept the offer to sell the property
  • To draft required legal documents

Information to include:

  • Description, location, and size of the property
  • Purchaser’s intended use for the property
  • Offer price
  • The Confirmation of Parish Support document found under FORMS on the CCSI Resources webpage

STEP 4

After the Archbishop’s Approval, CCSI will arrange for the professional services required to draft a Contract to sell the property.

Please Note:

All costs to investigate the sale of property and any subsequent due diligence and legal fees are the responsibility of the parish or school whether a transaction is completed or not. CCSI will provide an estimate of due diligence work to the parish or school before it is initiated.

STEP 5

CCSI will finalize the transaction details with Entity. The required documents will be executed by the Archbishop and submitted to the purchaser.

CCSI Fees for Real Estate Transactions that Close
Property Value < $2 Million $1,500
Property Value $2 Million and greater $2,500

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