EXHIBIT L

(Secretary’s Cert. – Authority to Sell)

(CORPORATE LETTERHEAD)

SECRETARY’S CERTIFICATE

I, ______(Name of Corporate Secretary)______, of legal age, Filipino citizen and as Corporate

Secretary of ____(Company Name)_________, a domestic corporation duly organized and existing under
and by virtue of the laws of the Republic of the Philippines, with principal office at
_____________(Company’s Registered Address)____________, after having been duly sworn to in
accordance with law, hereby depose and certify that during a Special/Regular Meeting of the Board of
Directors held on ___________, 200__ (Note: Date should be prior to the issuance of the Authority To
Sell), wherein a quorum was present and acting throughout, the following resolution was passed and
approved, to wit:

RESOLUTION NO. _______

RESOLVED, as it is hereby resolved to sell and dispose of the following real

estate property(ies) owned by the corporation situated at ____(Location of
Property(ies)_____________, by way of absolute sale, viz:

OCT/TCT/CCT Registered in
___No.____ the Name of Area (Sq.M.)

____________ _______________ _________

____________ _______________ _________
RESOLVED FURTHER, to appoint and engage the professional real estate
brokerage services of ________(Name of REALTOR®/Broker)______ with office address
at ______(Address of REALTOR®/Broker)_______, as Real Estate Marketing
Consultant/Broker under an Exclusive/Non-Exclusive Authority To Sell arrangement
covering the aforementioned properties;

RESOLVED FINALLY, to authorize the ___(Company Chair/President/EVP or

Other Officers)______, Mr./Ms. ___________________ to arrange, negotiate and finalize
the selling price and the terms and conditions of sale on the abovementioned
company Property(ies) as well as the terms and conditions of the exclusive/non-
exclusive marketing arrangement with ______(Name of REALTOR®/Broker)_____that
are deemed beneficial to the corporation and to execute any and all contracts or
agreements of sale, other broker authorizations or agreements and such other
contracts or agreements to fully implement the purposes hereof.

UNANIMOUSLY APPROVED.

_____(Place of Issue)____, ____________, 200__.

_________________________
Corporate Secretary

REPUBLIC OF THE PHILIPPINES )

City/Municipality of ___________ ) S. S.

SUBSCRIBED AND SWORN TO BEFORE ME, this _____ day of ______________, 200__,
___________________________ exhibiting to me his (her) Community Tax Certificate No. ___________ issued
on _______________ at _______________________.

Notary Public

Doc. No. _____

Page No._____
Book No._____

SOURCE: REALTOR® Phil M. Coquia

Series of 200__.

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SOURCE: REALTOR® Phil M. Coquia