Board Resolution Approving Sale Agreement Sole Director

About this template:

You may find this template useful as an example of a document containing details of the decision made to approve the sole director of your company to enter into a sale agreement to be signed by the board. The point of a Board Resolution is to address a specific issue that the board needs to decide on. It is a way of documenting a decision made by a Corporation's Board of Directors or Shareholders on behalf of the Corporation in writing. This particular board resolution deals with the approval for the sole director of your company to enter into a sale agreement. You can see more board resolution templates that you may find useful here https://www.templateguru.co.za/documents/board-resolutions/

Excerpt:

BOARD RESOLUTION OF [YOUR COMPANY NAME] APPROVING A SALE AGREEMENT THAT the director be and he is hereby authorised and instructed to sign a Sale Agreement to transfer said property to [SPECIFY NAME] upon receipt and cancellation of the corresponding promissory notes and upon receipt of a document signed by [SPECIFY NAME] acknowledging reimbursement by the Company of said directors advance;

Download