Maricopa Arizona Corporate Resolution for Sale of Real Estate is a legal document that outlines the decision-making process within a corporate entity when selling real estate property located in Maricopa, Arizona. This resolution ensures that all necessary parties within the corporation agree to the sale, and it outlines the specific procedures involved. Keywords: Maricopa Arizona, corporate resolution, sale of real estate, legal document, decision-making process, property, corporation, procedures. There are two main types of Maricopa Arizona Corporate Resolution for Sale of Real Estate: 1. General Corporate Resolution: This type of resolution is used when a corporation is selling real estate property as part of its regular business operations. It authorizes the officers or designated parties within the corporation to act on behalf of the corporation to execute the sale. The resolution outlines the powers of the authorized individuals, the terms and conditions of the sale, and any limitations or approvals required from the corporation's board of directors or shareholders. Keywords: general corporate resolution, regular business operations, officers, authorized individuals, terms and conditions, limitations, board of directors, shareholders. 2. Special Corporate Resolution: A special corporate resolution is required when the sale of real estate involves unique circumstances or requires specific approvals. It is suited for situations such as selling a property of significant value or when a corporation needs to deviate from its normal decision-making process outlined by its bylaws or standard procedures. This type of resolution ensures that all necessary parties within the corporation are in agreement with the sale and any additional steps or approvals required are documented. Keywords: special corporate resolution, unique circumstances, specific approvals, significant value, deviate, decision-making process, necessary parties, additional steps.
Maricopa Arizona Corporate Resolution for Sale of Real Estate
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