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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Where can I get this specific "corporate resolution format"? Posted by Gary M. Briggs on January 16, 2004 at 9:55 PM In Reply to: Where can I get this specific posted by Sara_CA on November 14, 2003 at 8:02 PM : : : I would like to deed my second home/investment house to my S corporation, then my S corporation will deed the house to my buyer. In this way I will avoid the 3.3% California withholding tax, right? Well, my title company said I need a "corporate resolution" for my S corporation. The "corporate resolution" is a form which will name ME as the person to sign RE documents on behalf of the corporation. Can someone explain this to me? How can I create a simple "corporate resolution" myself so that I can do this transaction? Any one know the correct verbiage? Or, must I go to a lawyer? The escrow is due to close in a few days. There is not a lot of time or money for a lawyer to do this "corporate resolution". : : : Any and all help is greately appreciated. : : ---------------------------------------------------------------- : : I just did this exact same thing..... : : the corporate resolution basically something that all the direcotors (in my case that is me, myself and I!!) : : sign that gives permission for this to happen. : : there is a specific corporate resolution format that you should use. : : Zachary : -------------------------------------------------------------- : Where can I get this specific "corporate resolution format"? Do you mind sharing your "corporate resolution"? My S corporation is also ME, MYSELF, AND I. All three of us unanimously want this done as soon as possible. :-) : Thanks for sharing your experience and your format. : Sara Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : : I would like to deed my second home/investment house to my S corporation, then my S corporation will deed the house to my buyer. In this way I will avoid the 3.3% California withholding tax, right? Well, my title company said I need a "corporate resolution" for my S corporation. The "corporate resolution" is a form which will name ME as the person to sign RE documents on behalf of the corporation. Can someone explain this to me? How can I create a simple "corporate resolution" myself so that I can do this transaction? Any one know the correct verbiage? Or, must I go to a lawyer? The escrow is due to close in a few days. There is not a lot of time or money for a lawyer to do this "corporate resolution". : : : : Any and all help is greately appreciated. : : : ---------------------------------------------------------------- : : : I just did this exact same thing..... : : : the corporate resolution basically something that all the direcotors (in my case that is me, myself and I!!) : : : sign that gives permission for this to happen. : : : there is a specific corporate resolution format that you should use. : : : Zachary : : -------------------------------------------------------------- : : Where can I get this specific "corporate resolution format"? Do you mind sharing your "corporate resolution"? My S corporation is also ME, MYSELF, AND I. All three of us unanimously want this done as soon as possible. :-) : : Thanks for sharing your experience and your format. : : Sara Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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