Church Building

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Church Building SDAA LTD
Presented by
Steve Okelo BUC
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Church Building SDAA LTD
WORKSHOP 3 BRAINSTORMING SESSION ON IDEAS OF HOW
TO FUNDRAISE FOR YOUR CHURCH BUILDING

• Write down 10 different ways of fundraising
• List different ways of promoting the ideas
  written down in 1 above.

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Church Building SDAA LTD
What is SDAA LTD?
W

• It represents Seventh- day Adventist Association
  Ltd.
• It is the legal arm of the church
• Titles of church buildings and land are
  registered under and owned by SDAA
• SDAA can sue and can be sued

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Church Building SDAA LTD

• History
• On the 24th August 1906, the Seventh-day
  Adventist Union Ltd was incorporated.
• Twenty seven years later, it had a name change
  and became British Advent Missions Ltd (10 March
  1933)

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Church Building SDAA LTD

• cont.
• Further down the line on 29th March 1976, had
  another name changeand became the Seventh-day
  Adventist Association Ltd.

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Church Building SDAA LTD
cont. - And finally, a subsidiary company was
formedthe Seventh-day Adventist Trust Company
Ltd on 28 June 1982. Seventh-day Adventist
Association Ltd is a registered charity,
Seventh-day Adventist Trust Company Ltd is not.
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Church Building SDAA LTD

• The Role (Outline)
• To facilitate the legal process of church
  building acquisition, church building disposals,
  land acquisition and disposal.
• Established churches who have their properties
  may wish to rent out part of the properties to
  the local communities SDAA will also facilitate
  the legal drawing up of the contract.

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Church Building SDAA LTD

• cont.
• Local churches may sue or be sued through SDAA
• - Contracts for building of a church are also
  drawn out in the name of SDAA.
• SDAA Ltd has been able to assist in the building
  or purchase of a number of churches via Bank
  loans.

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Church Building SDAA LTD
Cont. Among those who have benefited are
Balham, Clapton, Hounslow, Lewisham, Pendeford,
Stanborough Park, Stratford, Wembley , Woodgreen
and Yardley, Some of these have completed the
repayment of their loansothers are just
starting. Without exception, the repayments are
being made on time.
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Church Building SDAA LTD

• Process of church acquisition
• The initiative starts with the local church by
  developing their evangelistic vision, whether
  they want to have a larger congregation, provide
  facilities for the local community e.g. schools,
  conference services etc
• Discuss the vision with the church board and
  gets its approval.

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Church Building SDAA LTD

• - Start viewing properties
• Aim to have the full picture
• Preparation Background Research
• Make sure you view during the Day
• If you like it view Again in the Evening
• Ask Direct and blunt Questions
• Be Nosy

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Church Building SDAA LTD

• cont.
• Does it needs a face lift ?
• Is it in a Conservation area or
• Is it a listed building

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Church Building SDAA LTD

• Location Location Location
• Main Road
• Pub
• Club
• Rail Lines
• Overhead Flight Path
• Feel of Community Friendly ?
• Car Park

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Church Building SDAA LTD

• Location cont.
• Public Transport
• Plans for Development
• Crime level in area
• Neighbors Noisy?
• Neighbors disputes

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Church Building SDAA LTD

• cont.
• Communicate this vision with the conference
  Treasurer who is their first contact person
  regarding properties
• The conference treasurer will give an appropriate
  advice.

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Church Building SDAA LTD

• ...cont.
• If his/her advice is to go ahead then he/she will
  present it at the conference executive board who
  will consider the matter and approve it or
  otherwise

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Church Building SDAA LTD

• ...cont.
• The conference will do all the necessary due
  diligence on the proposal.
• They will then forward that to the SDAA board,
  who will consider the proposal.

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Church Building SDAA LTD

• Legal Process
• Solicitors Receives Draft contract Package
• Obtain Further proof of Title
• Local Council Search
• Raise Additional Enquiry
• Receives Proof of Ownership
• Engrossed Contract- prep. Signatures

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Church Building SDAA LTD

• EXCHANGE OF CONTRACT
• Legally binding on both sides
• Gazumping Property laws must be written.

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Church Building SDAA LTD

• Completion of Contract
• Day when transaction is finalised.
• 14/28 days after exchange

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Church Building SDAA LTD

• The End