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Board Resolution For Rent Agreement
"I need a Board Resolution For Rent Agreement for my technology company's new office space in Doha, Qatar, authorizing a 5-year lease starting March 1, 2025, with a budget of 500,000 QAR annually and delegating signing authority to our COO."
1. Header Information: Company name, registration number, and meeting details including date, time, and location of the board meeting
2. Attendance Record: List of board members present, absent, and other attendees, confirming quorum requirements are met
3. Notice and Quorum: Confirmation that proper notice was given and quorum requirements were satisfied as per company's articles
4. Background: Brief description of the company's need for the premises and business justification for the lease
5. Property Details: Specific details of the property to be leased, including address and key characteristics
6. Key Terms of Lease: Summary of essential lease terms including rent amount, duration, and key obligations
7. Financial Authority: Confirmation of the lease terms being within approved budget and financial parameters
8. Resolution Statements: Formal resolution statements approving the lease agreement and authorizing specific individuals to execute it
9. Authorization: Names and positions of authorized signatories for executing the lease and related documents
10. Certification: Secretary's or Chairman's certification of the resolution's validity
1. Related Party Disclosure: Required if the landlord is a related party to any board member or the company
2. Special Conditions: Any special requirements or conditions imposed by the board for the execution of the lease
3. Delegation of Powers: Additional delegations of authority for lease-related matters beyond basic execution
4. Risk Assessment: Summary of any risk assessment conducted regarding the lease, if required by company policy
5. Corporate Seal Authorization: Required if company seal must be affixed to the lease documents under local law or company articles
1. Schedule A - Property Details: Detailed description of the property including floor plans and specifications
2. Schedule B - Board Meeting Attendance: Detailed attendance record with signatures of present board members
3. Schedule C - Power of Attorney: If required, formal power of attorney for designated signatories
4. Appendix 1 - Draft Lease Agreement: Copy of the proposed lease agreement referenced in the resolution
5. Appendix 2 - Supporting Documents: Any relevant supporting documents such as property evaluation reports or budget approvals
Authors
Real Estate
Corporate Services
Retail
Manufacturing
Professional Services
Healthcare
Education
Technology
Financial Services
Hospitality
Industrial
Logistics
Construction
Energy
Legal
Corporate Secretariat
Facilities Management
Operations
Finance
Compliance
Risk Management
Administrative Services
Corporate Governance
Real Estate
Board Director
Chief Executive Officer
Company Secretary
Legal Counsel
Chief Financial Officer
Corporate Governance Officer
Compliance Manager
Real Estate Manager
Facilities Manager
Operations Director
Administrative Director
Risk Manager
Property Manager
Corporate Services Manager
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