Here I will post the description templates as were discussed privately among team leaders. Any doubt on how to apply the template to specific items can be posted and discussed in this thread. I will also drop some team leaders' names since they never commented on the templates via PM, and I'd like to hear their opinion (if you are okay with the templates as is, please say so).
Armor Class: +X [or "Armor Class: X" when the item sets AC to the given value; remove if AC is unaffected] Requires: X Strength X Dexterity X Constitution X Intelligence X Wisdom X Charisma
:: SPELLS ::
Level: X Sphere: Animal // Charm // Combat // Creation // Divination // Elemental (Fire/Earth/Air/Water) // Guardian // Healing // Necromantic // Plant // Protection // Summoning // Sun // Weather Range: X-ft. radius // X yds. // Touch // Unlimited // Special Duration: X rd./level // Permanent // Instantaneous // Special Casting Time: X Area of Effect: Line of sight, max X ft. // The caster // Person touched // X creature // Special Saving Throw: None // Special // Neg. // 1/2