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FIDELITY GUARANTEE PROPOSAL FORM COMMUNITY SCHEMES Company Reg. No: 2008/005015/07 Vat Reg. No: 4350242386 Compliance Officer: Moonstone Compliance Authorised Financial Service Provider FSP No. 40752Old

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What is community schemes?

Community schemes refer to organized groups of individuals living in a shared environment, such as condominiums, townhouses, or gated communities, which operate under a specific set of rules and regulations for shared ownership and maintenance.

Who is required to file community schemes?

Typically, the governing body or managing agent of the community scheme, such as a homeowners' association or body corporate, is required to file community schemes.

How to fill out community schemes?

To fill out community schemes, one must gather relevant information about the community's structure, rules, financial status, and member details, then complete the required forms provided by the governing authority or relevant jurisdiction.

What is the purpose of community schemes?

The purpose of community schemes is to provide a legal framework for the management and operation of shared living environments, ensuring that common areas are maintained and that residents' rights and responsibilities are clearly defined.

What information must be reported on community schemes?

Information that must be reported on community schemes typically includes details about the community's governance structure, financial statements, rules and regulations, and information about the members and their rights.

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