Negotiating a Suitable Asset

There are different starting points for the selection of an asset for transfer to a community organisation. In some instances the most suitable building or piece of land may be clear at the outset, but in other cases the obvious first choice may turn out to be an unsuitable one. Where there are several possible assets that might fit the bill, a site options appraisal can help inform the final choice.

Whatever the starting point, it is likely that serious negotiation needs to take place between all parties over the suitability of the asset, and the terms on which it can be transferred.   For example: whose responsibility it is to make it fit for purpose, is the title to be transferred or a lease entered into, and for how long? Working in partnership from the outset, in a spirit of mutual respect and with the long-term community benefit in mind, is the key to overcoming inevitable barriers and frustrations. You will need to manage the expectations of others, ensure your own expectations are realistic, and above all remain positive and calm.

You must align your approach to the provisions in Part 5: Asset Transfer of the Community Empowerment (Scotland) Act 2015 to ensure you are following all the legal requirements.

A robust business plan for the asset and the project is helpful as a means to gather the information to submit a legally binding Asset Transfer Request and if one is required, should be developed, used and owned jointly by all partners, and revisited throughout the process.

Related Resources

Asset Transfer Route Map - Helping you on your 'asset transfer journey'

This new PDF has been developed by Community Ownership Support Service (COSS). It is used by COSS advisors to identify where you are in the process, as laid down in Part 5; Asset Transfer, in the Community Empowerment (Scotland) Act 2015. It helps to guide you through the steps along the way to achieving your goals.  Side one of the poster shows the four phases of the asset transfer process and signposts each phase of the journey.  Side two gives more detail and links to relevant information for each phase.

PDF icon Asset transfer route map web.pdf