{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Canadian Charity Law Podcast ","title":"The Hidden Liabilities in Your Charity's Real Estate—And How to Find Them Before They Find You","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/9f2bece3\"></iframe>","width":"100%","height":180,"duration":1378,"description":"This episode serves as a legal compliance guide for Ontario charities managing real estate assets, detailing the risks associated with both owned and leased properties. For organizations that rent, we highlight the dangers of personal guarantees, escalating operating costs, and potential regulatory issues regarding leasehold improvements. Charities that own land must navigate complex historical trust restrictions, environmental liabilities, and new statutory requirements under the Ontario Not-for-Profit Corporations Act. We also cover essential safety and accessibility standards, such as fuel tank regulations and AODA compliance. Ultimately, we advocate that charities perform regular property audits and engage professional charity legal counsel reviews to prevent minor oversights from becoming financially ruinous liabilities.B.I.G. Charity Law Group Professional Corporation A dedicated law firm exclusively serving charities and not-for-profits in Toronto, Ontario, and across Canada. Serving:CRA Charity Registration Nonprofit IncorporationCorporate Governance & CRA ComplianceONCA Updates (Ontario nonprofit compliance)Bylaw Reviews and Policy DevelopmentReady to build, grow, or protect your organization?Website: https://www.charitylawgroup.ca/Charity Lawyer Consultation: https://calendly.com/dov-goldberg/schedule-a-free-consultation?utm_source=podcastEmail: ask@charitylawgroup.caPhone: 416-488-5888Bookkeeping & Tax Services for Ontario Charities: Keeping your charity's finances and tax filings in perfect order is essential for transparency and success. For specialized Charity financial management, we recommend:B&H Charity Accounts Corporation A professional bookkeeping firm focused on the unique needs of Canadian charities in Ontario. Their services ensure you're always compliant and mission-ready, including:Full-Cycle BookkeepingCRA T3010 Charity Information Return FilingFinancial Reporting and BudgetingStop stressing about spreadsheets and focus on your...","thumbnail_url":"https://img.transistorcdn.com/Oo5YOpZdNSliVMTG1E6tX7tiiysJrKZ9BVecoer0GPE/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81ZDdj/MGI4NzgzODZhNWE0/MWNmOTZlZWU1Mjk4/YTNiMy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}