Resolution By Board Of Directors Of Authorizing The Sale Of Real Estate is a formal document which is approved by the board of directors of a company authorizing the sale of the company’s real estate. This resolution is used to transfer ownership of the company’s real estate from the company to the buyer. It can be used for any type of real estate transaction, including commercial, residential, and agricultural properties. This resolution typically outlines the terms of the sale, such as the purchase price, closing costs, and the conditions for transferring ownership. It must also include the specific authorization of the board of directors to complete the sale. There are two main types of Resolution By Board Of Directors Of Authorizing The Sale Of Real Estate: a standard resolution and a special resolution. A standard resolution is used for routine real estate transactions, while a special resolution is used for more complex transactions or for transactions that require additional approval.