Form with which a corporation may resolve to authorize an officer or representative to hire a company to perform a specific service for the corporation.
Corporate Resolution Form To Sell Property In Hennepin
State:
Multi-State
County:
Hennepin
Control #:
US-0038-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
A corporate resolution is a legal business document created and written by a board of directors that describes and declares major corporate decisions. This document may explain who is legally allowed to sign contracts, prepare assignments, sell real estate or determine other decisions related to business transactions.
The resolution is a document recording the decisions made by the board members regarding decisions and actions a company will take.
What should corporate resolutions include? Your corporation's name. Date, time and location of meeting. Statement of unanimous approval of resolution. Confirmation that the resolution was adopted at a regularly called meeting. Resolution. Statement authorizing officers to carry out the resolution.
Single-member LLCs do not need resolutions, but they can still come in handy in certain situations, like if the company must defend itself in court. Documenting changes or actions not covered in the original bylaws or articles of incorporation can help an LLC protect itself from lawsuits or judicial investigations.
A resolution usually takes the form of a legal document voted on or consented to in writing by: The board of directors or stockholders, in the case of a corporation (commonly referred to as a Board Resolution and Stockholder Resolution, respectively).
A resolution in the context of business refers to a formal decision or agreement made by a company, organization, or board of directors. It is a statement of intent or determination to take a particular course of action to achieve a specific objective or goal.
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.
A corporate resolution document does not need to be notarized, although if it involves other transactions then those might have to be notarized. Once the document has been signed off and dated by the chairperson, vice-chairperson, corporate treasurer, and secretary, it becomes a binding document.
More info
Establish property records and record real estate transactions within Hennepin County. Easily draft LLC or corporation resolutions to sell real estate.Get authorization to sell property with our customizable templates. Access real estate document copies from Hennepin County. Request document, learn about fees, get research center information and read the FAQ. Free template for a corporate resolution. Use our free form to formally document your corporation's resolutions to add to your corporate records. Lease or sell the solid waste transfer station capacity to a waste company or municipality that needs to transfer trash to a landfill.
