Plans are afoot for a development in partnership with the local council to build a new stadium for the club.
In a statement on the club's official website, the Cards' chairman says the move will match the club's on-field potential.
“This is a really exciting time for Woking Football Club and our supporters," said Woking chairman, Rosemary Johnson.
"We are an ambitious community-focused club with huge potential, shown by our recent FA Cup run. Whilst there is still a long way to go, these agreements signify the next chapter for our football club.
"Not only do they secure the long-term future of Woking Football Club, but will also enable us to continue and develop our much-valued community work."
Alan Downson's men have been going well in the National League South so far this season and recently hosted Watford at The Kingfield Stadium in the FA Cup.