This office lease form provides warranty that the tenant is a duly qualified corporation and is authorized to do business.
This office lease form provides warranty that the tenant is a duly qualified corporation and is authorized to do business.
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The rental agreement is a signed rental contract between the tenant and the landlord. But unlike other contracts, you do not need any witness. As long as both the tenant and landlord are agreeable to the terms, the rental agreement can be made.
A board resolution is sometimes also called a corporate resolution. It's a formal document that solidifies in writing important decisions that boards of directors make. Boards usually write up board resolutions when they appoint new directors to the board.
In terms of the Act, a landlord must provide his/her tenant with a written lease agreement on the tenant's request. The Act does not apply to a lease agreement entered into for business purposes. The landlord and the tenant are bound by the terms contained in the lease agreement.
Ten Terms To Include In Your Lease AgreementNames of all tenants.Limits on occupancy.Term of the tenancy.Rent.Deposits and fees.Repairs and maintenance.Entry to rental property.Restrictions on tenant illegal activity.More items...?
Corporate resolutions are required whenever the board of directors makes a major decision. The resolution acts as a written record of the decision and is stored with other business documents. These board resolutions are binding on the company.