Real estate compliance and governance within faith-based organizations: strategies for risk mitigation and asset optimization
Real estate compliance and governance within faith-based organizations: strategies for risk mitigation and asset optimization
DOI:
https://doi.org/10.51473/rcmos.v1i2.2024.1975Keywords:
Real Estate Compliance; Asset Governance; Confessional Institutions; Real Estate Asset Management; Financial Sustainability.Abstract
The management of real estate assets in Brazilian confessional institutions has become increasingly complex in light of growing legal and administrative requirements imposed by regulatory authorities. Traditionally grounded in interpersonal trust relationships, religious property management reveals significant vulnerabilities when faced with the rigor of municipal, state, and federal legislation. In this context, real estate compliance emerges as a structured set of internal norms, procedures, and control mechanisms designed to ensure full legal conformity of institutional properties, including zoning regulations, building safety standards, and land tenure regularization. This article argues that the implementation of solid real estate governance is essential to protect ecclesiastical assets against resource misappropriation, civil liability lawsuits, and the loss of tax immunities that are fundamental to the financial sustainability of confessional organizations.
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References
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Copyright (c) 2024 Iranilson Venceslau Bonifácio (Autor)
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