Alienation

The amount for alienation of real property and for acts of extraordinary administration (financial transactions that could be adverse to the patrimonial condition of a religious institute, such as indebtedness) is presently $5,705,000. This amount is set pursuant to an indult granted on December 5, 2003, by the Congregation for Institutes of Consecrated Life and Societies of Apostolic Life to the three Conferences of Religious Superiors in the United States (CMSM, LCWR, and CMSWR). The indult established a base amount of $5,000,000 with an annual adjustment linked to the consumer price index as determined by the three Conferences. Only CICLSAL has authority in this matter and has not withdrawn or modified the 2003 indult, nor issued a new indult.