Corporate Resolution (Authorize a Lease/Easement)
Understanding this form
This Corporate Resolution to Authorize a Lease or Easement is a legal document used by corporations to formalize the decision made by the Board of Directors to authorize a specific lease or easement. This resolution is essential for ensuring that the corporation's actions are legally binding and comply with internal governance rules. Unlike general business resolutions, this form specifically focuses on leasing or easement transactions involving corporate property, allowing for clear corporate authority and reference in future dealings.
Key parts of this document
- Certification of the Secretary of the Corporation confirming the accuracy of the resolution.
- Date and location of the special meeting where the resolution was adopted.
- Name and title of the individual authorized to execute the lease or easement.
- Details about the lease or easement, including description and date.
- Specification of the property involved.
When to use this form
This form should be used when a corporation intends to lease or grant an easement on its property, and a formal resolution is required to legitimize this action. It is particularly relevant in situations where corporate decisions require board approval, such as leasing land for commercial developments, granting access for utility pipelines, or entering into agreements involving oil, gas, or mineral rights. Using this resolution ensures that the process adheres to legal standards and protects the interests of the corporation.
Intended users of this form
- Corporations looking to lease or grant easements on their property.
- Board members preparing to formalize decisions regarding property use.
- Corporate secretaries responsible for maintaining documentation of board actions.
- Legal representatives and advisors working with corporations on property agreements.
Instructions for completing this form
- Identify the corporation's name and type of incorporation.
- Fill in the date and address of the special meeting held by the Board of Directors.
- Specify the authorized individual by entering their name and title.
- Detail the lease or easement type and provide a description of the property involved.
- Include signatures and the date to finalize the resolution.
Notarization guidance
Notarization is generally not required for this form. However, certain states or situations might demand it. You can complete notarization online through US Legal Forms, powered by Notarize, using a verified video call available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Forgetting to include the date of the Board meeting.
- Not recording the names of all Directors present at the meeting.
- Omitting the description of the property involved in the lease or easement.
- Failing to obtain necessary signatures for the resolution.
Why use this form online
- Convenience of downloading and completing the form from anywhere at any time.
- Editable templates that allow for customization to suit specific needs.
- Access to professionally drafted legal content ensuring reliability and compliance.
- Quick and easy retrieval with no physical storage needed.
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FAQ
A corporate resolution is a written document created by the board of directors of a company detailing a binding corporate action. A corporate resolution is the legal document that provides the rules and framework as to how the board can act under various circumstances.
Write the Name of the Company. State at the top of the page, the governing body and the legal name of the organization making the corporate resolution. Add Further Legal Identification.
A corporate resolution is a written document created by the board of directors of a company detailing a binding corporate action. A corporate resolution is the legal document that provides the rules and framework as to how the board can act under various circumstances.
Sometimes the conflict is resolved in a way that is painful for characters, but ultimately, the conflict is resolved. Examples of Resolution: Two friends fight over a boy, but in the end, they realize that friendship is more important, and the boy ultimately moves away from the town anyway.
Unless otherwise specified in the company's constitution, directors can pass a resolution without a meeting if all directors sign a document stating that they are in favour of the resolution.
Elements of a Certified Board Resolution A designation of the party for whom the resolution is being prepared for and its address. Explanation of the action being taken by the board of directors and the reason for doing so. Name of the secretary. Legal name of the corporation and state of incorporation.
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.For example, the director of Human Resources may be given the authority to enter into employment contracts with employees.
No need to notarize a corporate resolution.
The contract must be signed exactly as the name is stated on the Resolution.If the corporation has a seal, that seal must be affixed to the resolution in the appropriate place. If the corporation does not have a seal, the notation LS may be written inside the circle next to the secretary's signature.
