Fractional Ownership Contract Template for Switzerland

1. Asset Manager Appointment: Required when a professional asset manager is engaged to manage the property

2. Insurance Requirements: Detailed insurance provisions, particularly relevant for high-value assets

3. Tax Provisions: Specific tax arrangements and obligations, especially relevant for international co-owners

4. Maintenance Reserve: Creation and management of a reserve fund for major repairs/maintenance

5. Right of First Refusal: Procedures giving existing co-owners priority in purchasing available shares

6. Forced Sale Provisions: Circumstances and procedures for forcing the sale of the entire asset

7. Mortgage and Financing: Required when the purchase involves external financing

8. Usage Schedule: For assets requiring time allocation among owners (e.g., vacation properties)

1. Schedule 1 - Asset Details: Comprehensive technical description and documentation of the asset

2. Schedule 2 - Ownership Schedule: Detailed breakdown of ownership percentages and initial capital contributions

3. Schedule 3 - Management Procedures: Detailed procedures for day-to-day management and decision-making

4. Schedule 4 - Usage Rules: Specific rules and procedures for asset usage and scheduling

5. Schedule 5 - Cost Allocation: Detailed breakdown of cost sharing and payment procedures

6. Schedule 6 - Valuation Methodology: Agreed methods for asset valuation in case of share transfers or exit

7. Appendix A - Asset Documentation: Copies of relevant asset documentation (titles, certificates, etc.)

8. Appendix B - Due Diligence Reports: Technical, legal, and financial due diligence reports