California resolution to purchase sell mortgage form 2025

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In the event that a company decides to sell its property, it will require a corporate resolution to sell real estate. This is a straightforward document that cites the name of the buyer and the location of the companys property. The location of the real estate sold may be at a street address, section, block, or lot.
A resolution is an official expression of the opinion or will of a legislative body. The practice of submitting and voting on resolutions is a typical part of business in Congress, state legislatures, and student government associations.
It is typically used to formalize business decisions, such as the purchase of commercial real property. The resolution is usually drafted by the corporations legal counsel and is adopted by the board of directors through a vote.
Single-member LLCs do not need resolutions, but they can still come in handy in certain situations, like if the company must defend itself in court. Documenting changes or actions not covered in the original bylaws or articles of incorporation can help an LLC protect itself from lawsuits or judicial investigations.
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