Real Property Trust Agreement Template for Philippines

1. Successor Trustee Provisions: Procedures for appointment of successor trustees - include when there's a need to plan for trustee succession

2. Co-Trustee Provisions: Rules for co-trustees' operations - include when multiple trustees are appointed

3. Investment Powers: Specific investment authorities - include when the trust allows for investment of proceeds or income

4. Property Management Guidelines: Detailed property management rules - include when the property requires specific management approaches

5. Tax Provisions: Specific tax handling instructions - include when complex tax situations exist

6. Foreign Ownership Compliance: Special provisions ensuring compliance with foreign ownership restrictions - include when foreign parties are involved

7. Dispute Resolution: Detailed arbitration or mediation procedures - include when parties want to specify alternative dispute resolution

8. Amendment Procedures: Procedures for modifying the trust - include when flexibility for future changes is desired

1. Schedule A - Property Details: Complete legal description of the real property, including boundaries, title information, and any encumbrances

2. Schedule B - Initial Trustee Compensation: Detailed breakdown of trustee fees and payment schedule

3. Schedule C - Beneficiary Distribution Schedule: Details of how and when beneficiaries receive benefits from the trust

4. Schedule D - Property Management Plan: Specific guidelines for property maintenance, leasing, or development

5. Appendix 1 - Property Documents: Copies of property title, tax declarations, and other relevant property documents

6. Appendix 2 - Required Regulatory Filings: List and copies of necessary government registrations and permits

7. Appendix 3 - Trustee Acceptance: Formal acceptance of appointment by the trustee

8. Appendix 4 - Beneficiary Acknowledgments: Signed acknowledgments from beneficiaries accepting the terms of the trust