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Corporate Law real estate question?
The XYZ corporation was formed with 5 shareholders. The certificate of incorporation said the corporation
was to be in the business of preparation and serving of food as a restaurant. The corporation was chartered
in Florida in 1998. The board of directors consisted of the 5 original shareholders and a majority vote
was necessary to act. The board has just voted to buy the building that the restaurant occupies. One of
the members of the board says the certificate of incorporation does not give them the power to buy real estate.
Can real estate be bought? Explain.
Does anyone know what the responsibilities of a real estate transaction coordinator entail?
I work in a real estate office and was asked if I would like to work as a trans. coordinator. I currently work p/t weekends, because of my kids and hubby’s schedule. Is this something I can realistically do and work form home and p/t in office?