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BOARD RESOLUTION
WHEREAS, upon a unanimous approval by all the incorporators
present during the special/regular meeting held on ________, 2020, and on
motion duly made and seconded, the Board by its –

BOARD RESOLUTION No. ___, Series of 2020

RESOLVED, that ________________________ ("Corporation"), is the

registered owner of a parcel of land with Transfer Certificate of Title No.
_____________ located at __________________________.

RESOLVED, that the President (or other officers designated)

_______________________, be authorized to act for and in behalf of the
Corporation to SELL, TRANSFER AND CONVEY to any interested person or
entity who is willing, ready and able to buy, under such terms and conditions
and in such price he/she may deem favorable, a certain parcel of land
described below located at ___________________ which is owned and
registered in the name of the corporation, and in furtherance of and for the
implementation of the power and authority thus granted, to sign make and
execute such documents as may be necessary:

(Technical Description of Property)

RESOLVED, FURTHER, to grant to the President (or other officers

designated) ___________, full power and authority to do and perform all and
every act requisite or necessary to carry into effect the foregoing authorities.

APPROVED AND SIGNED by the undersigned Members of the Board

of Directors in a special/regular meeting held this ____ day of ______2020 at
the City of _______, Philippines.

_________________________ ________________________
President Corporate Secretary
TIN No. __________ TIN No. __________

____________________________ __________________________
Board of Director Board of Director
TIN No. __________ TIN No. __________

____________________
Corporate Treasurer
TIN No. _________

Certified true and correct:

_____________________
Corporate Secretary
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ACKNOWLEDGMENT

Republic of the Philippines)

City of ___________ )s.s.

BEFORE ME, a notary Public in and for the City of Legazpi,

Philippines, this __day of _____ 2020, personally appeared
___________________, ________________, _________________with TIN
numbers below their names, all known to me and to me known to be the
same persons who executed the foregoing Board Resolution and they
acknowledged to me that the same is their free and voluntary act and deed.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my

notarial seal on the date and at the place first above written.

NOTARY PUBLIC

Doc. No. _____;

Page No. ______;
Book No. ______;
Series of 2020.