������Ƶ

1. Foreign Ownership Provisions: Required when any fractional owner is a foreign national, addressing compliance with Philippine foreign ownership restrictions

2. Asset Development: Needed when the fractionally owned asset is under development or requires significant improvements

3. Rental Program: Include when the asset will be available for rental when not in use by owners

4. Insurance Requirements: Detailed insurance provisions when the asset requires specific insurance coverage

5. Right of First Refusal: Optional provisions giving existing owners priority rights to purchase available fractions

6. Special Purpose Vehicle: Required when ownership is structured through a separate legal entity

7. Property Management Agreement: Needed when a professional property manager will be engaged

1. Schedule 1 - Asset Description: Detailed description of the asset including specifications, location, and condition

2. Schedule 2 - Ownership Structure: Detailed breakdown of ownership fractions and initial owners

3. Schedule 3 - Financial Contributions: Schedule of initial and ongoing financial obligations

4. Schedule 4 - Usage Schedule: System and rules for scheduling usage of the asset

5. Schedule 5 - Management Rules: Detailed procedures for asset management and administration

6. Schedule 6 - Fee Structure: Breakdown of all fees and charges applicable to owners

7. Appendix A - Registration Documents: Copies of relevant asset registration and title documents

8. Appendix B - Management Forms: Standard forms for various management and administrative processes