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Deed Of Home Ownership

Deed Of Home Ownership Template for Indonesia

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Key Requirements PROMPT example:

Deed Of Home Ownership

"I need a Deed of Home Ownership for a newly constructed 3-bedroom house in Jakarta's BSD City development, being purchased from PT Metro Developer, with the transfer scheduled for March 15, 2025, including provisions for mortgage financing through Bank Central Asia."

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Document background
The Deed of Home Ownership is a crucial legal instrument in Indonesian property law, used to formally document and transfer ownership rights of residential properties. This document is mandatory for all property transfers in Indonesia and must comply with the Basic Agrarian Law No. 5/1960 and related regulations. It is typically required when purchasing a new property, transferring existing property ownership, or registering inherited property. The deed includes comprehensive details about the property, parties involved, payment terms, and legal obligations. It must be prepared and executed by a licensed Indonesian Notary Public and subsequently registered with the National Land Office (BPN) to ensure legal validity. This document serves as the primary evidence of ownership and is essential for any future property transactions, mortgage applications, or legal proceedings related to the property.
Suggested Sections

1. Parties: Identification of the transferor (seller/developer) and transferee (buyer), including their complete legal names, ID numbers, addresses, and legal capacity

2. Background: Context of the property transfer, including previous ownership history and basis for the transfer

3. Definitions: Key terms used in the deed, including property-specific terminology and legal terms

4. Property Details: Comprehensive description of the property including exact location, boundaries, certificate numbers, and land/building specifications

5. Declaration of Ownership: Formal declaration of transfer of ownership rights from transferor to transferee

6. Purchase Price: Statement of the agreed purchase price and confirmation of payment

7. Rights and Obligations: Specific rights transferred and ongoing obligations of the new owner

8. Warranties: Legal warranties regarding property title, absence of disputes, and property condition

9. Legal Compliance: Declarations of compliance with relevant Indonesian property laws and regulations

10. Execution: Formal execution clause meeting Indonesian notarial requirements

Optional Sections

1. Mortgage Details: Include when the property purchase involves mortgage financing, detailing the mortgage agreement and lender's rights

2. Building Specifications: For newly constructed properties, detailed information about building specifications and warranties

3. Strata Title Provisions: For apartments or units in multi-story buildings, specific provisions relating to strata title ownership

4. Development Obligations: For properties in planned developments, specific obligations relating to development rules and community regulations

5. Third Party Rights: When applicable, details of any third party rights or restrictions on the property

Suggested Schedules

1. Property Certificate: Copy of the original land/property certificate issued by the National Land Office

2. Building Permits: Copies of relevant building permits and certificates of worthiness

3. Site Plan: Detailed plan showing property boundaries, building location, and relevant measurements

4. Payment Receipts: Evidence of purchase price payment and tax payments

5. Previous Title Deed: Copy of the previous owner's title deed

6. Tax Documents: Property tax registration and payment evidence

7. Identity Documents: Copies of parties' identity cards and family cards (KTP and KK)

8. Power of Attorney: If applicable, power of attorney documents for representatives

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
Relevant legal definitions





































Clauses






























Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Urban Planning

Public Administration

Insurance

Property Management

Residential Housing

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Risk Management

Operations

Documentation

Business Development

Customer Relations

Administrative Support

Relevant Roles

Real Estate Lawyer

Property Manager

Legal Counsel

Notary Public

Land Registration Officer

Real Estate Agent

Property Developer

Mortgage Officer

Title Insurance Officer

Legal Administrator

Property Rights Specialist

Conveyancing Manager

Real Estate Transaction Coordinator

Housing Development Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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