The District of Columbia Purchase Real Estate — Resolution For— - Corporate Resolutions is a legal document used in the District of Columbia for corporate entities to authorize the purchase of real estate properties. This form serves as a written resolution by the corporation's board of directors or shareholders, granting the necessary approval for the transaction. Keywords: District of Columbia, purchase, real estate, resolution form, corporate resolutions, legal document, authorized, board of directors, shareholders, transaction. Different types of District of Columbia Purchase Real Estate — Resolution For— - Corporate Resolutions may include: 1. General Purchase Resolution Form: This is the most common type of resolution, where the corporation's board of directors or shareholders authorize the acquisition of a specific real estate property within the District of Columbia. 2. Conditional Purchase Resolution Form: This type of resolution is used when the acquisition of a real estate property is contingent upon certain conditions, such as satisfactory inspections, securing financing, or obtaining necessary permits or licenses. 3. Specialized Purchase Resolution Form: Certain corporations may require specialized resolutions depending on the nature of their business or the type of property being acquired. For example, a resolution form specifically for purchasing commercial properties, residential properties, or vacant land within the District of Columbia. 4. Multiple Purchase Resolution Form: In cases where a corporation intends to acquire multiple real estate properties simultaneously or within a specific period, a multiple purchase resolution form is used to authorize such transactions. 5. Lease Purchase Resolution Form: If the corporation intends to lease the purchased property instead of outright ownership, a lease purchase resolution form is used to authorize the execution of a lease agreement in addition to the purchase transaction. It's important to consult with legal professionals or seek guidance from appropriate authorities in the District of Columbia to ensure compliance with local laws and regulations when executing any resolution form related to purchasing real estate.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.