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A Board Resolution For Execution Of Sale Deed is a crucial corporate document required under Singapore law when a company intends to sell real property. This document demonstrates proper corporate governance and compliance with the Companies Act (Cap. 50) and property-related legislation. It should be used whenever a company is selling property and needs to formally authorize specific individuals to execute the sale deed. The resolution typically includes details of the property being sold, the transaction terms, and the names and positions of authorized signatories. It forms part of the necessary documentation for property transactions in Singapore and provides protection for both the company and the purchaser by ensuring proper authorization.
