Clauses of the Real Estate Securitization Act Article 33

The REAT Contract shall be made in written form and contain the following matters:1. purpose of the trust;2. duration of the trust contract;3. type, content and price amount of the trust property appraised pursuant to Article 34 hereof;4. obligations of the trustor and the matters that shall be informed to the Trustee;5. management and disposal methods of the trust property: where a real estate management institution is appointed to manage or dispose of the trust property, the name, obligations and duties of the institution are needed;6. distribution methods of the trust property principal or profits, interests and other proceeds accrued therefrom;7. content, the order of priority of payment and duration of Beneficial Securities with different types or durations;8. methods of issuance or delivery and transfer restrictions of Beneficial Securities;9. matters regarding reimbursement of expenses and damage compensation to the Trustee;10. matters regarding borrowed money and the corresponding upper limit as well as idle funds when the Trustee engages in the trust business;11. the Trustee’s remuneration and its variety, calculation method, and payment timing and method;12. reasons for convening a beneficiaries’ meeting by the Trustee;13. reasons for the appointment of a Trust Supervisor by the Trustee as well as the special knowledge or experience of such Trust Supervisor; and14. other matters prescribed in Article 19, paragraph 1 of the Trust Enterprise Act and by the competent authority.