How do you write a board resolution for an authorized signatory?

Board Resolution Granting Signing Authority BE IT RESOLVED, that the board of directors hereunder authorizes Authorized Individual's Name, Position, to sign, execute, and endorse on behalf of Company Name for all financial transactions, legal documents, and other official agreements.

US Legal Forms
Real Estate
Corporate Resolution for Sale of Real Estate

Corporate Resolution To Sell Real Estate Without A License In Contra Costa

Category:

Corporations - Minutes and Resolutions - Actions

State:

Multi-State

County:

Contra Costa

Control #:

US-0031-CR-10

Format:

Instant download

Description

Generic form with which a corporation may record resolutions of the board of directors or shareholders.

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FAQ

In the event that a company decides to sell its property, it will require a corporate resolution to sell real estate. This is a straightforward document that cites the name of the buyer and the location of the company's property. The location of the real estate sold may be at a street address, section, block, or lot.

While all states require anyone acting as a real estate agent or broker to first obtain a proper license, those laws do not prevent property owners from acting on their own behalf. This means, for example, that you can sell your own property, or buy real estate, without having a real estate license.

Corporate resolutions are a legal necessity for corporations. Whenever your company makes a major decision, such as acquiring another business, selling a significant asset, or changing its leadership, a corporate resolution must document that decision.

The County Ordinance requires that you obtain a license for conducting business within the unincorporated areas, - even if your business is located outside our limits or you have a business license from another city.

Must include the specific date and time when the board met to pass the resolution. Must authorize a specific person or persons by name and title. Must include the types of contracts and agreements the specific individual or individuals can execute on behalf of the corporation.

The corporate resolution for signing authority is a specific corporate resolution that authorizes specific corporate officers with the legal standing to sign contracts on behalf of the corporation.

The Corporate Resolution Document Has Several Purposes. It can also be used when new officers, directors or members are being added to or replacing current owners. It is a prerequisite to a Certificate of Incumbency. Unless we have a signed and notarized copy we will not be able to prepare this legal document.

Board Resolution Granting Signing Authority BE IT RESOLVED, that the board of directors hereunder authorizes Authorized Individual's Name, Position, to sign, execute, and endorse on behalf of Company Name for all financial transactions, legal documents, and other official agreements.

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Easily draft LLC or corporation resolutions to sell real estate. Get authorization to sell property with our customizable templates.What happens to the properties that do not sell at the auction? Can tax sale properties be purchased directly from the County? Conducting business in the unincorporated area of the County of Contra Costa without a license can result in penalties, notice of violations, and court action. Although licensed to list, sell and lease real estate, Brokers may not have expertise on the issues in this Advisory. The certificate of incorporation of the corporation does not require any vote of consent of shareholders to authorize the sale of the property. Free Sample Resolution to Sell Business Assets. Customize and download over 70 free corporate resolutions samples. The Richmond Rent Program requires all Landlords maintain an up to date business license for each rental property they operate within the City of Richmond.

Corporate Resolution To Sell Real Estate Without A License In Contra Costa

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