This form is used when a corporation authorized and directed to execute and deliver an Right of Way and Easement, etc., on the lands in which the corporation owns an interest.
A Hawaii Corporate Resolution to Authorize A Lease or Easement is a legal document used by corporations in Hawaii to grant permission for the leasing of property or granting easements for specific purposes. This resolution is crucial in ensuring that all necessary corporate approvals and due diligence requirements are met before entering into such agreements. In the state of Hawaii, there are primarily two types of corporate resolutions to authorize a lease or easement: 1. Lease Authorization Resolution: This type of resolution is utilized when a corporation wants to grant authorization for leasing its property to another party. It may involve leasing office spaces, buildings, land, or any other type of real estate owned by the corporation. The resolution outlines the terms and conditions of the lease and is usually passed by the corporation's board of directors or shareholders. 2. Easement Authorization Resolution: An easement is a legal right to use or access a specific portion of someone else's property for a particular purpose. A corporation may need to grant an easement to another party for various reasons, such as granting access to utility companies, allowing for road construction, or providing right-of-way for infrastructure projects. The easement authorization resolution is used to approve such easements and specifies the scope, duration, and purpose of the easement. Both types of resolutions generally include similar key components, including: 1. Title and Identification: The resolution begins by clearly stating its purpose, such as "Corporate Resolution to Authorize A Lease" or "Corporate Resolution to Authorize an Easement." It identifies the corporation by name and may include relevant details about the property or easement in question. 2. Approval Authority: The resolution specifies the approving entity, such as the board of directors or shareholders of the corporation. It outlines the necessary quorum and voting requirements, ensuring that the resolution's adoption follows the corporation's bylaws and legal obligations. 3. Property/Easement Details: The resolution provides a thorough description of the property to be leased or the specific terms of the easement. This includes the location, size, boundaries, and any conditions or restrictions associated with the lease or easement. 4. Lease/Easement Terms: The resolution outlines the specific terms and conditions of the lease or easement, such as the duration, rental payments, renewal options, responsibilities for maintenance and repairs, and any other pertinent details. 5. Execution and Authorization: The resolution includes a section for signatures and dates, indicating the approval and adoption of the resolution. It may require the involvement of corporate officers, such as the president, secretary, or chairperson, depending on the corporation's bylaws. A Hawaii Corporate Resolution to Authorize A Lease or Easement is a critical document that ensures all necessary corporate parties agree and authorize leasing or granting easements. It provides a legally sound framework for entering into such agreements while protecting the corporation's interests and adhering to Hawaii's corporate laws.A Hawaii Corporate Resolution to Authorize A Lease or Easement is a legal document used by corporations in Hawaii to grant permission for the leasing of property or granting easements for specific purposes. This resolution is crucial in ensuring that all necessary corporate approvals and due diligence requirements are met before entering into such agreements. In the state of Hawaii, there are primarily two types of corporate resolutions to authorize a lease or easement: 1. Lease Authorization Resolution: This type of resolution is utilized when a corporation wants to grant authorization for leasing its property to another party. It may involve leasing office spaces, buildings, land, or any other type of real estate owned by the corporation. The resolution outlines the terms and conditions of the lease and is usually passed by the corporation's board of directors or shareholders. 2. Easement Authorization Resolution: An easement is a legal right to use or access a specific portion of someone else's property for a particular purpose. A corporation may need to grant an easement to another party for various reasons, such as granting access to utility companies, allowing for road construction, or providing right-of-way for infrastructure projects. The easement authorization resolution is used to approve such easements and specifies the scope, duration, and purpose of the easement. Both types of resolutions generally include similar key components, including: 1. Title and Identification: The resolution begins by clearly stating its purpose, such as "Corporate Resolution to Authorize A Lease" or "Corporate Resolution to Authorize an Easement." It identifies the corporation by name and may include relevant details about the property or easement in question. 2. Approval Authority: The resolution specifies the approving entity, such as the board of directors or shareholders of the corporation. It outlines the necessary quorum and voting requirements, ensuring that the resolution's adoption follows the corporation's bylaws and legal obligations. 3. Property/Easement Details: The resolution provides a thorough description of the property to be leased or the specific terms of the easement. This includes the location, size, boundaries, and any conditions or restrictions associated with the lease or easement. 4. Lease/Easement Terms: The resolution outlines the specific terms and conditions of the lease or easement, such as the duration, rental payments, renewal options, responsibilities for maintenance and repairs, and any other pertinent details. 5. Execution and Authorization: The resolution includes a section for signatures and dates, indicating the approval and adoption of the resolution. It may require the involvement of corporate officers, such as the president, secretary, or chairperson, depending on the corporation's bylaws. A Hawaii Corporate Resolution to Authorize A Lease or Easement is a critical document that ensures all necessary corporate parties agree and authorize leasing or granting easements. It provides a legally sound framework for entering into such agreements while protecting the corporation's interests and adhering to Hawaii's corporate laws.
