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The Contract For Selling A House is a fundamental legal document used in Indonesian property transactions to formalize the transfer of residential property ownership. This document is essential when any individual or entity wishes to sell or purchase a house in Indonesia, ensuring compliance with local property laws and regulations. The contract must adhere to the Indonesian Civil Code (KUHPerdata), Basic Agrarian Law, and various property-related regulations. It includes crucial details about the property, parties involved, purchase price, payment terms, and transfer process through the Land Office (BPN). The document is typically prepared by or with the assistance of a certified notary public (PPAT) and must incorporate specific provisions required under Indonesian law for property transfers, including proper identification of parties, clear property details, and tax considerations.

1. Parties: Identification and details of the seller and buyer, including their full legal names, ID numbers (KTP), addresses, and any relevant marital status

2. Background: Context of the sale, including brief property history and the parties' intention to enter into the sale transaction

3. Definitions: Key terms used throughout the agreement, including technical and legal terminology

4. Property Details: Comprehensive description of the property, including address, certificate number, land area, building area, and boundaries

5. Purchase Price: Agreed purchase price, payment structure, and payment methods

6. Payment Terms: Detailed payment schedule, deposit requirements, and completion payment arrangements

7. Conditions Precedent: Conditions that must be fulfilled before the sale can proceed, including property checks and documentation requirements

8. Seller's Warranties: Warranties regarding property ownership, absence of disputes, and condition of the property

9. Transfer of Title: Process and requirements for legal transfer of property ownership through the Land Office (BPN)

10. Costs and Taxes: Allocation of transaction costs, including transfer fees, taxes (BPHTB), and notary fees

11. Completion: Requirements and process for completion of the sale, including handover of property and documentation

12. Default and Termination: Consequences of default by either party and circumstances for contract termination

13. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction

14. Notices: Process for formal communications between parties

15. Execution: Signature requirements and execution formalities