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Deed Of Sale With Special Power Of Attorney
"I need a Deed of Sale with Special Power of Attorney for selling my commercial property in Jakarta to a Singapore-based company, with authority granted to my local representative to handle all aspects of the transfer, targeting completion by March 2025."
1. Notarial Introduction: Formal notarial opening including deed number, date, time, and notary details as required by Indonesian law
2. Parties: Identification of the seller and buyer, including their complete legal names, addresses, and identity card numbers
3. Background: Context of the transaction, including brief property history and reason for the power of attorney
4. Definitions: Key terms used throughout the deed, including property definition, power of attorney scope, and other relevant terms
5. Object of Sale: Detailed description of the property being sold, including certificates, boundaries, and registration details
6. Sale Price and Payment Terms: Agreed purchase price, payment method, and payment schedule
7. Transfer of Rights: Terms regarding the legal transfer of property rights from seller to buyer
8. Representations and Warranties: Seller's declarations regarding property ownership, encumbrances, and legal status
9. Power of Attorney Provisions: Scope and limitations of the power of attorney granted, including specific authorized actions
10. Attorney's Obligations: Duties and responsibilities of the attorney-in-fact
11. Duration of Power: Term of the power of attorney and conditions for termination
12. Governing Law: Confirmation of Indonesian law as governing law
13. Execution: Formal signing section with notarial closing statements
1. Conditions Precedent: Used when the sale is subject to specific conditions that must be met before completion
2. Tax Provisions: Include when specific tax arrangements or responsibilities need to be detailed
3. Property Handover: Added when specific terms for physical property handover need to be included
4. Dispute Resolution: Optional detailed dispute resolution procedures beyond standard court jurisdiction
5. Force Majeure: Include when specific force majeure provisions are required for the transaction
6. Third Party Rights: Used when there are existing tenants or other third-party interests in the property
7. Insurance: Added when specific insurance requirements need to be maintained during the transfer period
1. Property Description Schedule: Detailed technical description of the property including exact measurements, boundaries, and certificates
2. Payment Schedule: If payment is to be made in installments, detailed payment terms and dates
3. Powers Granted: Comprehensive list of specific powers granted under the power of attorney
4. Required Documents: List of documents required for property transfer and registration
5. Property Photos and Maps: Visual documentation of the property and its boundaries
6. Outstanding Obligations: List of any existing obligations, liens, or encumbrances on the property
Authors
Real Estate
Property Development
Construction
Banking & Finance
Legal Services
Agriculture (for land transactions)
Commercial Property
Residential Property
Industrial Property
Hospitality
Retail
Legal
Real Estate
Compliance
Property Management
Corporate Secretariat
Due Diligence
Asset Management
Transaction Support
Risk Management
Documentation
Legal Counsel
Property Lawyer
Real Estate Manager
Property Development Manager
Notary Public
Land Registration Officer
Corporate Secretary
Compliance Officer
Real Estate Agent
Property Transaction Manager
Asset Manager
Legal Director
Property Rights Specialist
Real Estate Transaction Coordinator
Due Diligence Officer
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