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Deed Of Ownership

Deed Of Ownership Template for Indonesia

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Key Requirements PROMPT example:

Deed Of Ownership

"I need a Deed of Ownership for transferring a commercial property in Jakarta from my company to a domestic buyer, including provisions for existing tenant agreements and building permits, with completion planned for March 2025."

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Document background
The Deed of Ownership (Akta Kepemilikan) is a fundamental legal instrument in Indonesian property law, essential for documenting and transferring property ownership rights. It is primarily used when transferring property ownership between parties and must be executed in accordance with Indonesian law, particularly the Basic Agrarian Law and related regulations. The document is required for various property transactions, including sale and purchase, inheritance transfers, or gift deeds. It must contain specific information about the property, including its certificate number, location, boundaries, and size, as well as complete details of all parties involved. The deed must be prepared and executed by a licensed Land Deed Official (PPAT) and subsequently registered with the National Land Office (BPN) to ensure legal validity and proper recording in the national land registry system.
Suggested Sections

1. Parties: Details of the transferor (current owner) and transferee (new owner), including complete legal names, ID numbers, addresses, and citizenship status

2. Background: Historical context of the property ownership, previous title details, and reason for transfer

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

4. Property Details: Comprehensive description of the property including land certificate number, location, boundaries, area, and building specifications if applicable

5. Declaration of Ownership: Clear statement of transfer of ownership rights from transferor to transferee

6. Purchase Price and Payment: Details of the consideration paid for the property transfer and confirmation of receipt

7. Rights and Obligations: Specific rights transferred and obligations assumed by the new owner

8. Warranties and Representations: Guarantees regarding property title, absence of encumbrances, and legal authority to transfer

9. Legal Compliance: Statements confirming compliance with relevant Indonesian property laws and regulations

10. Registration Requirements: Procedures and obligations for registering the transfer with relevant authorities

11. Execution: Formal execution clause, notary attestation, and signature requirements

Optional Sections

1. Foreign Ownership Provisions: Required when the transferee is a foreign national, detailing compliance with foreign ownership restrictions

2. Spousal Consent: Required when the property is matrimonial property requiring spouse's approval for transfer

3. Building Rights (HGB) Provisions: Needed when the property involves separate building rights on state land

4. Mortgage Release: Required when the property has an existing mortgage that needs to be discharged

5. Tax Provisions: Detailed tax arrangements when specific tax considerations apply to the transfer

6. Power of Attorney: When any party is acting through an authorized representative

7. Special Land Use Conditions: Required for properties subject to specific zoning or land use restrictions

Suggested Schedules

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

2. Land Certificate Details: Copy or details of the original land certificate and registration number

3. Site Plan: Official site plan showing property boundaries and location

4. Building Permits: Copies of relevant building permits and certificates if buildings are included

5. Tax Documents: Property tax payment receipts and tax registration details

6. Previous Title Documents: Copies of previous ownership documents and transfer history

7. Identity Documents: Copies of parties' identity cards, family cards, and other required personal documentation

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




































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Relevant Industries

Real Estate

Property Development

Construction

Banking and Finance

Legal Services

Property Management

Urban Development

Housing

Commercial Property

Industrial Property

Agriculture (for agricultural land)

Tourism (for hospitality properties)

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Administrative

Operations

Documentation

Risk Management

Property Development

Asset Management

Relevant Roles

Property Lawyer

Real Estate Manager

Legal Counsel

Property Developer

Land Registration Officer

Compliance Officer

Real Estate Agent

Property Transaction Manager

Land Deed Official (PPAT)

Title Insurance Officer

Property Rights Specialist

Real Estate Transaction Coordinator

Legal Document Specialist

Property Administration 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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