Operating Agreement For Real Estate Investment LLC Template for Indonesia

1. Foreign Investment Provisions: Required if any members are non-Indonesian entities or individuals

2. Real Estate Asset Management: Detailed procedures for managing real estate assets if the LLC will directly manage properties

3. Investment Committee: Structure and powers of an investment committee if required for larger operations

4. Tag-Along and Drag-Along Rights: Optional provisions for exit mechanisms in larger multi-member LLCs

5. Property Development Provisions: Required if the LLC will engage in property development activities

6. Financing Arrangements: Required if the LLC anticipates taking on debt or external financing

7. Environmental Compliance: Required for properties with environmental considerations

8. Employee Matters: Required if the LLC will have direct employees

9. Insurance Requirements: Detailed insurance provisions for property management operations

1. Schedule A - Member Information: Details of all members including contact information and initial capital contributions

2. Schedule B - Initial Properties: List and details of any properties already identified for investment

3. Schedule C - Management Structure: Detailed organizational chart and management responsibilities

4. Schedule D - Investment Criteria: Specific criteria for property investments and target markets

5. Schedule E - Fee Structure: Details of management fees, performance fees, and other compensation

6. Appendix 1 - Financial Reporting Templates: Standard formats for financial reporting

7. Appendix 2 - Property Management Guidelines: Standard operating procedures for property management

8. Appendix 3 - Compliance Checklist: Regulatory compliance requirements under Indonesian law