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NOTE: Any resolution approved by unanimous written consent in lieu of holding a meeting

must be signed by each Director and kept with the Corporation’s records. Otherwise, the text of
the resolution is often included in the minutes of the meeting at which the resolution was
approved.

BOARD OF DIRECTORS RESOLUTION


AUTHORIZING PURCHASE OF REAL ESTATE FOR

__________________<Company Name>____________________

WHEREAS, <Owner’s Name>, owner of the property located at <Address>, city of <City>, State
of <State>, has offered to sell that land and the building to this Corporation for the sum of
<Dollar Amount>, upon the terms as set forth; and,

WHEREAS, the Board of Directors deems it advisable that the Corporation acquire this real
estate from <Owner’s Name>.

THEREFORE, BE IT RESOLVED, that this Corporation purchase from <Owner’s Name> the
above described real estate.

RESOLVED FURTHER, that the President, <President’s Name>, and Secretary, <Secretary’s
Name>, of this Corporation are hereby authorized to enter into an agreement on behalf of this
Corporation <Enter Business Details Here>.

RESOLVED FURTHER, that the President and Secretary of this Corporation be, and hereby are,
authorized to execute <Enter Business Details Here>.

The undersigned, <Secretary’s Name>, certifies that he/she is the duly elected Secretary of this
Corporation, and that the above is a true and correct copy of the resolution that was duly adopted
at a meeting of the Board of Directors, which was held in accordance with State law and the
Bylaws of the Corporation.

Dated: ____________

________________________
Secretary

___________________________, Director

___________________________, Director

___________________________, Director

___________________________, Director

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