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Deed Of Absolute Sale Of A Portion Of Land

Deed Of Absolute Sale Of A Portion Of Land Template for Indonesia

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Key Requirements PROMPT example:

Deed Of Absolute Sale Of A Portion Of Land

"I need a Deed of Absolute Sale of a Portion of Land for selling 500 square meters of my agricultural land in Bali, Indonesia, to a local farming cooperative, with completion planned for March 2025; the deed needs to include specific provisions for maintaining existing irrigation rights."

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Document background
The Deed of Absolute Sale of a Portion of Land is a crucial legal instrument in Indonesian property transactions, specifically used when transferring ownership of a subdivided land parcel. This document is essential when a landowner wishes to sell part of their land holding while retaining the remainder. It must comply with Indonesian law, particularly the Basic Agrarian Law and Government Regulation No. 24 of 1997, and requires execution before a Land Deed Official (PPAT). The deed includes comprehensive details about the property, parties involved, and transaction terms, ensuring legal protection for both buyer and seller. It's particularly relevant in development projects, property investments, and land utilization cases where partial land transfers are necessary. The document forms the basis for updating land certificates and registration records with the National Land Office.
Suggested Sections

1. Parties: Identification of the seller and buyer with complete legal names, addresses, and identification numbers as required by Indonesian law

2. Background: Brief context of the land ownership, reason for sale, and confirmation of seller's right to sell

3. Definitions: Key terms used in the deed including property description, relevant certificates, and technical terms

4. Property Details: Specific description of the portion of land being sold including exact measurements, boundaries, and certificate numbers

5. Sale and Purchase Agreement: Clear statement of the absolute and unconditional sale of the property

6. Purchase Price: Agreed purchase price, payment terms, and confirmation of receipt

7. Seller's Warranties: Warranties regarding ownership, absence of encumbrances, and right to sell

8. Transfer of Rights: Terms of transfer of all rights and interests in the property

9. Taxes and Costs: Allocation of responsibility for transfer taxes, registration fees, and other costs

10. Registration and Transfer: Process and obligations for registering the transfer with relevant authorities

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

12. Execution: Formal execution clause meeting Indonesian notarial requirements

Optional Sections

1. Existing Encumbrances: Details of any existing mortgages, liens, or encumbrances if applicable

2. Tenant Provisions: If the property has existing tenants, provisions regarding their rights and obligations

3. Environmental Conditions: Statements regarding environmental status if the land has specific environmental considerations

4. Development Restrictions: Details of any development or use restrictions if applicable under local regulations

5. Foreign Ownership Compliance: Additional provisions if either party is a foreign national, ensuring compliance with foreign ownership regulations

6. Power of Attorney: If any party is acting through an attorney, details of the power of attorney arrangement

Suggested Schedules

1. Property Description Schedule: Detailed technical description of the land portion including exact measurements, coordinates, and boundaries

2. Land Certificate Details: Copy or details of the existing land certificate and subdivision approval

3. Site Plan: Official site plan showing the portion of land being sold in relation to the whole parcel

4. Payment Schedule: If payment is in installments, detailed payment schedule and terms

5. Required Permits: Copies of relevant permits and approvals for land subdivision

6. Tax Certificates: Copies of land and building tax certificates showing payment status

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Real Estate

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Relevant Teams

Legal

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Corporate Secretariat

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Real Estate Manager

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Land Acquisition Specialist

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