Partnership encyclopedia business termsinccom form
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PARTNERSHIP RESOLUTION WHEREAS, _________________________________, a ____________ general partnership,
by and through all of the partners of said partnership, being the undersigned
_________________________, _______________________________, and
____________________________, have agreed to sell, grant, convey and warrant unto
_____________________________, a ____________ limited liability company, the land and
property commonly known as _______________________________ which is located and situated
in the ______ Judicial District of _______ County, ____________, and being more particularly
described as follows, to-wit:_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________WHEREAS, the terms of said sale are to be substantially in accordance with contract
attached hereto as Exhibit __.IT IS HEREBY RESOLVED that ___________________________, is hereby authorized to
execute, for and on behalf of the partnership, a Warranty Deed to said property in accordance
with said contract as well as a lease termination agreement and such other documents as are
necessary to consummate said sale, and is further authorized to execute, for and on behalf of the
partnership, a quitclaim deed to the property immediately west of the above described property
and which is sometimes referred to a ________________________, and is more particularly
described as follows:A part of the ______________________________________________________
_________________________________________________, described as
follows:_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________IT IS HEREBY FURTHER RESOLVED, that _______________________________ , is
hereby authorized and directed in the name of and on behalf of the partnership to execute and
deliver any such agreements, instruments, certificates, or other documents and to do and perform
any other acts whatsoever which he deems necessary, appropriate or desirable in order to
effectuate the sale of said property, all of which shall contain such terms and conditions as shall
be approved by _____________________, and such approval will be conclusively evidenced by
such person's execution thereof.WITNESS OUR SIGNATURES this the _____________ day of _____________ _____. ______________________________________ Partner ______________________________________ Partner ______________________________________ Partner
-3- /16771STATE OF ____________COUNTY OF ________PERSONALLY appeared before me, the undersigned authority in and for said County
and State, on this _________________________ day of ________________________, within my
jurisdiction, the within-named __________________________ , _______________________, and
________________________, who acknowledged that they are all of the Partners of
_____________ ______________ , a ____________ general partnership, and that for and on behalf
of said partnership, and as the act and deed of said partnership, they executed the above and
foregoing instrument, after first having been duly authorized by said partnership so to do.________________________________________NOTARY PUBLICMy Commission Expires:____________________
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