Free Board Resolution to Sell Property Template

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Free Board Resolution to Sell Property Template

Board Resolution to Sell Property

I. Introduction

This Board Resolution to Sell Property is created to authorize the sale of real estate owned by [YOUR COMPANY NAME]. The decision to sell the property was discussed and approved by the Board of Directors during the meeting held on January 15, 2050.

II. Resolution to Sell Property

Resolved, that [YOUR COMPANY NAME], with company number [YOUR COMPANY NUMBER], located at [YOUR COMPANY ADDRESS], shall proceed with the sale of its property located at San Diego, CA 92101 to Floyd Cremin. The property is to be sold for $2,500,000 under the following terms:

Term

Details

Sale Price

$2,500,000

Date of Sale

March 15, 2050

Authorized Signatory

Porter Hoppe

The transaction shall be finalized by Porter Hoppe, who is hereby granted full authority to execute all necessary documents to complete the sale.

III. Execution and Authorization

The Board hereby designates Porter Hoppe, CEO, as the authorized representative to finalize the sale. Porter Hoppe is empowered to negotiate, sign, and deliver all documents, including contracts, deeds, and transfer documents, related to the property sale.

The Board also authorizes [YOUR COMPANY NAME] to engage legal counsel to ensure all legal requirements related to the sale are met and that the transaction is completed in compliance with applicable laws.

IV. Conclusion

The Board of Directors of [YOUR COMPANY NAME] confirms that all actions required for the completion of this property sale will be carried out as per the details provided above. This resolution is effective as of January 15, 2050.


By signing below, the undersigned members of the Board of Directors of [YOUR COMPANY NAME] hereby approve the resolution to sell the property as outlined above.

Signed on January 15, 2050.

Name

Title

Signature

Porter Hoppe

Board Member

Davion Barton

Board Member

Barry Morar

Chair of the Board

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