Corporate Resolution to Authorize A Lease or Easement
What this document covers
The Corporate Resolution to Authorize a Lease or Easement is a document that enables a corporation to officially authorize its representatives to execute a lease or easement agreement. This form is essential for ensuring that the corporation's decision is documented and legally binding, differentiating it from other agreements that do not require board approval. This form specifically addresses the permissions needed regarding properties owned by the corporation.
What’s included in this form
- Corporation name and type: Identifies the corporation involved.
- Meeting details: Includes the date and location of the board meeting where the resolution was passed.
- Authority granted: Names the individual authorized to execute the lease or easement.
- Description of the lease/easement: Specifies the type of agreement (e.g., oil, gas, pipeline) and the property description.
- Signatures: Includes the date of authorization and requires the secretary's signature.
When this form is needed
This form is used when a corporation needs to grant official permission for a representative to enter into a lease or easement agreement on property owned by the corporation. Scenarios may include situations where the corporation is developing land, granting rights for utility companies, or exploring resources such as minerals or gas.
Who needs this form
- Corporation officers who need to document board decisions.
- Legal representatives of corporations facilitating leases or easements.
- Members of the board of directors involved in property decisions.
Instructions for completing this form
- Identify the corporation's name and type in the designated fields.
- Fill in the location and date of the board meeting where the resolution is passed.
- Appoint the individual authorized to execute the lease or easement by providing their name and title.
- Specify the type of lease or easement and provide a detailed description of the property concerned.
- Enter the current date and include the secretary's signature to formalize the resolution.
Is notarization required?
This form usually doesn’t need to be notarized. However, local laws or specific transactions may require it. Our online notarization service, powered by Notarize, lets you complete it remotely through a secure video session, available 24/7.
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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
- Failing to properly document the date and location of the board meeting.
- Omitting the name of the individual authorized to execute the agreement.
- Not including a detailed description of the property involved.
- Forgetting to have the resolution signed by the secretary.
Benefits of using this form online
- Convenience of downloading and filling out the form at any time.
- Editability allows for easy updates and corrections as needed.
- Reliable templates drafted by licensed attorneys ensure legal compliance.
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FAQ
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.
Format the resolution by putting the date and resolution number at the top. Form a title of the resolution that speaks to the issue that you want to document. Use formal language in the body of the resolution, beginning each new paragraph with the word, whereas.
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.
All Resolved clauses within a resolution should use the objective form of the verb (for example, Resolved, that the American Library Association (ALA), on behalf of its members: (1) supports...; (2) provides...; and last resolved urges....") rather than the subjunctive form of the verb (for example, Resolved,
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.
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.
Authorizing Resolution means a resolution adopted by the Board of Directors or by an Officer or committee of Officers pursuant to Board delegation authorizing a Series of Securities.An Authorizing Resolution shall be so adopted by both the Company and the Guarantor.
No need to notarize a corporate resolution.
