Steps in Owning A Club Share - Pico De Loro Beach & Country Club

Steps in Owning a Club Share in Pico de Loro Beach & Country Club

All prospective members are subject to a screening process by the Membership Committee. Once the prospect has been approved for membership, his/her application for membership will be processed upon the submission of the following documents and requirements within 15 days:

For an Individual Share

LIST OF REQUIREMENTS	RECIPIENT
LIST OF REQUIREMENTS	Sales Admin.	Membership
Reservation Agreement and Application for Membership	√
Tax Identification Number of Principal Buyer	√
Photocopy of Passport or Other Government-issued I.D. of Principal Buyer	√
2x2 I.D. pictures (with white background) of: Ο Principal Buyer Ο Spouse Ο Children below 25 years old	√ √	√ √ √
Photocopy of marriage contract if buyer is married. If widow/widower, photocopy of death certificate of spouse. If legally separated or annulled marriage, photocopy of court order declaring finality of separation or annulment.	√	√
Photocopy of birth certificates of children below 25 years old		√
Signed Contract-to-Sell	√
Complete Post-Dated Checks	√
Documentary Stamp Tax Payment (when fully paid)	√
Member’s Profile Form		√

For a Corporate Share

LIST OF REQUIREMENTS	RECIPIENT
LIST OF REQUIREMENTS	Sales Admin.	Membership
Reservation Agreement and Application for Membership	√
Corporate TIN	√
Photocopy of Corporate CTC	√
Board Resolution, Board of Partners Resolution or Certificate of General Manager (for foreign companies) indicating the following items: - Authorizing the purchase of the share of Pico de Loro Beach & Country Club - Appointment of the authorized signatory for the relevant documents pertinent to the purchase of the share - Appointment of nominee/s - Appointment of the nominee authorized to attend meetings and vote the Corporation’s share - Certifying to the company’s percentage of foreign ownership	√
Certified true copy of SEC Certificate of Registration	√
Certified true copy of Articles of Incorporation, Partnership & Association registered with SEC	√
Certified true copy of Corporate By-Laws as registered with SEC	√
Company’s Latest General Information Sheet	√
Photocopy of Certificate of Registration with the BIR	√
Tax Identification Number of Authorized Signatory	√
Photocopy of Passport or Other government-issued I.D. of Authorized Signatory	√
2x2 I.D. pictures (with white background) of: Ο Authorized Signatory Ο Nominee and Spouse Ο Children (of nominee) below 25 years old	√	√ √
Photocopy of marriage contract of married nominee		√
Photocopy of birth certificates of children (of nominee) below 25 years old		√
Signed Contract-to-Sell	√
Complete Post-Dated Checks	√
Documentary Stamp Tax Payment (when fully paid)	√
Member’s Profile Form		√

After completion of required documents, you will be asked to sign a Contract to Sell. Please make sure to submit all requirements within 15 days from date of reservation to avoid cancellation of your reservation.

3. Payments and Financing

4. Orientation Session and issuance of Membership Cards

5. Issuance of Stock Certificate

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