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15 - BUILDING OWNERSHIP

In case of fitting-out or renovation of buildings and premises foreseen by a project proposal co-funded by the Programme: which kind of contract is required in order to intervene on those buildings/rooms/halls if they are owned by a body which is not a Project Partner (as the project partner does not own real estate)? Is a rental contract or a loan for use suitable to this aim? If yes, how long must the term of these contracts be? Moreover, could the contract be free of charge?

answer

The possibility to renovate or fitting-out buildings, rooms and halls within a project proposal co-funded by the Programme assumes the need for the interested Project Partners to have the ownership or alternatively the full availability of those places.

The loan for use contract or a rental contract, even free of charge, are suitable options, and the minimum duration should be at least five years following the final payment to the beneficiary or a different period of time if required by a specific legislation (e.g.: State Aid). More specific information on the requirements for loans and rentals will be provided in Factsheet n. 6 “Project Implementation” (under definition).

For more details see the Factsheet n. 3 “Project Development” and EU Regulation 1303/2013, article 71.

However, it is suggested to consider the direct involvement as Project Partners of the owners of buildings and/or premises.