SolidarityTools

Who owns the land?

Four ways to share a piece of ground between people who are not all your children — and what each one actually costs.

Someone owns land and wants a few other people to have a stake in it. There are only four shapes this takes, and the choice is made for you by two things: who needs to be able to sell or mortgage their share, and how much tax you are willing to pay for it. The legal form is the easy part. The tax and the exit are what people get wrong.

1. Shares in the whole thing

Everyone becomes an owner of the entire holding, with an undivided share each — technically, tenants in common. No company, no registration, done by deed.

2. Split the land into separate sites

Carve out sites and transfer each one to a named person. This is the only option that gives people a genuinely sellable asset — which is exactly why it is the most expensive.

3. A body owns the land

A company limited by guarantee, a co-operative society, or a company limited by shares holds the land; the people hold membership or shares.

VehicleNotes
CLGCommunity-owned standard. Members, not shareholders; profits locked in; cheap to incorporate; audit exemption usually available.
Co-operative societyMember-owned with share capital, but a minimum of seven founding members and a mandatory annual audit.
Company limited by sharesThe only form where people hold real tradeable shares — but it is not a co-op and carries ordinary company compliance.

The catch with all of them. If the body owns the land, the members own the body, not the land. Leaving means selling a share in a company whose main asset is a field — for which there may be no buyer at all. Work out the exit before you work out the entry.

4. Keep the land, give long leases

You stay the owner and grant each household a long lease or licence over a defined site, in writing. This is the shape most community land trusts use in practice.

5. The tax bill on giving land away

Two taxes land at once, and they apply to gifts, not just sales.

Worked example — gifting a €60,000 site to a friend:

ItemAmount
Gift tax on €60,000 less the €20,000 threshold — €40,000 at 33%€13,200
Stamp duty at 7.5% of €60,000 (no consanguinity relief for a friend)€4,500
Total tax on a €60,000 gift≈ €17,700 (29.5%)

That arithmetic is what kills "give a few friends a plot each". A long lease delivers the same result on the ground for none of that tax — and you keep the land.

Three things people get wrong:

  1. A €1 transfer is still taxed on market value. Revenue wants a valuation, and the tax follows the value, not the consideration.
  2. Agricultural relief is conditional. It can reduce gift tax on qualifying agricultural property by 90%, but only if the beneficiary passes the farmer tests — and land taken out of farming for housing does not qualify.
  3. Reliefs have clawbacks. The six-year farming conditions mean the relief is withdrawn if the land stops being farmed.

6. What this looks like at scale

Ireland's first ecovillage, at Cloughjordan, is the case study worth reading before you commit: a not-for-profit company limited by guarantee, run along co-operative principles and registered as a charity; about 67 acres; roughly €15,000 of member investment each; land bought through a social lender plus members' loans; 36 planning conditions; and ten years between forming the company and the first residents moving in. Ownership of the common land was still being argued about years after people had moved in. (The Mint Magazine, Commons Sense)

Two lessons transfer to any size of project:

7. Deciding

  1. Does anyone need to be able to sell or mortgage? If no, use leases. If yes, you are into tax.
  2. Is the group family? Then consanguinity relief and higher gift-tax thresholds apply, and splitting sites may be affordable.
  3. Is the group unrelated friends or members? Then leases are usually the only sane option, because a freehold gift costs about 30%.
  4. Does the land need to keep farming? Then check every relief's conditions before you split anything.
  5. Who is the long-term steward when the founders are gone? Write that down.

8. Sources

Not legal or tax advice. Rates and thresholds change. Take the numbers to a solicitor and an accountant before any transfer, and get the tax position in writing.

Free to copy, adapt and pass on.