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.
Washington Corporate Resolution to Authorize A Lease or Easement is a legal document that authorizes a corporation to enter into a lease agreement or grant an easement on its property. This resolution is typically adopted by the corporation's board of directors or shareholders, depending on the corporate governance structure. In Washington State, there may be different types of corporate resolutions to authorize a lease or easement, such as: 1. General Corporate Resolution: This type of resolution authorizes the corporation to enter into lease agreements or grant easements on its property in the ordinary course of business. It grants the corporation the necessary authority to negotiate and execute leases or easements without seeking further approvals for each transaction. 2. Specific Corporate Resolution: In some cases, a corporation may require a specific resolution to authorize a particular lease or easement. This resolution explicitly details the terms and conditions of the lease or easement, including the duration, rental amount, permitted use, and any additional provisions specific to the agreement. 3. Board of Directors Resolution: A board of directors resolution authorizes the corporation's board to approve or reject lease agreements or easements. This resolution is usually adopted during a board meeting and is documented in the minutes of the meeting. It may also outline the process for negotiating and executing lease agreements or easements. 4. Shareholders' Resolution: In certain situations, a lease or easement agreement may require approval from the corporation's shareholders. This type of resolution is typically required when the agreement involves a substantial portion of the corporation's assets or when specific provisions of the company's bylaws or articles of incorporation mandate shareholder approval for such transactions. Keywords: Washington state, corporate resolution, lease, easement, authorize, board of directors, shareholders, legal document, property, governance structure, negotiate, execute, specific resolution, terms and conditions, rental amount, permitted use, board meeting, minutes, approval, substantial portion, assets, bylaws, articles of incorporation, shareholder approval.
