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Land Contract For Sale By Owner Template for Indonesia

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Key Requirements PROMPT example:

Land Contract For Sale By Owner

"I need a Land Contract For Sale By Owner for a 2-hectare agricultural plot in Bali, Indonesia, where I'm selling to a local farming cooperative with payment to be made in three installments by March 2025."

Document background
The Land Contract For Sale By Owner is a crucial legal document used in Indonesian property transactions where the landowner chooses to sell their property directly to a buyer without real estate agent intermediaries. This document is essential in Indonesia's property market, where land rights and transfers are governed by the Basic Agrarian Law and must comply with strict regulatory requirements. It is typically used when property owners want to maintain direct control over the sale process while ensuring legal compliance. The contract must address specific Indonesian legal requirements, including proper identification of land certificates, spatial planning compliance, and formal transfer procedures through a Land Deed Official (PPAT). This document type is particularly relevant given Indonesia's unique land rights system and the increasing trend toward direct property transactions.
Suggested Sections

1. Parties: Identification of the seller and buyer, including complete legal names, addresses, and ID numbers (KTP for Indonesian citizens)

2. Background: Context of the sale, brief description of the property, and statement of intent to sell/purchase

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

4. Property Details: Comprehensive description of the land, including certificate number, location, boundaries, and total area

5. Purchase Price: Agreed purchase price, payment terms, and schedule of payments

6. Transfer of Title: Process and obligations for legal transfer of land ownership rights

7. Seller's Representations and Warranties: Declarations regarding property ownership, absence of disputes, and legal status

8. Buyer's Representations and Warranties: Declarations regarding legal capacity and financial ability to purchase

9. Closing Conditions: Requirements to be met before final transfer of ownership

10. Costs and Taxes: Allocation of transaction costs, transfer taxes, and other fees

11. Default and Remedies: Consequences of breach and available remedies for either party

12. Governing Law and Jurisdiction: Confirmation of Indonesian law application and jurisdiction

13. Notices: Process for formal communications between parties

14. Execution: Signature blocks and witnessing requirements

Optional Sections

1. Financing Arrangements: Include when buyer is using external financing or installment payments

2. Development Restrictions: Include when the land is subject to specific zoning or development limitations

3. Environmental Conditions: Include when there are environmental concerns or requirements

4. Third Party Rights: Include when there are existing tenants or other rights holders

5. Foreign Ownership Provisions: Include when buyer is a foreign national or entity

6. Due Diligence Period: Include when buyer requires time for property investigation

7. Force Majeure: Include when parties want specific provisions for unforeseen circumstances

8. Broker Involvement: Include when real estate agents or brokers are involved

Suggested Schedules

1. Property Title Certificate: Copy of the land certificate and ownership documentation

2. Property Tax Documents: Recent property tax payments and assessments

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

4. Land Use Certificate: Current zoning and permitted use documentation

5. Payment Schedule: Detailed schedule of payment installments if applicable

6. Property Photographs: Current photographs of the land and any structures

7. Due Diligence Reports: Any technical or legal reports on the property

8. Power of Attorney: If any party is represented by an authorized agent

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

Relevant legal definitions

















































Clauses





































Relevant Industries

Real Estate

Property Development

Agriculture

Commercial Property

Residential Property

Industrial Development

Tourism and Hospitality

Infrastructure Development

Mining and Resources

Retail

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Risk Management

Finance

Operations

Business Development

Project Development

Investment

Administrative Support

Corporate Secretariat

Relevant Roles

Property Owner

Real Estate Investor

Legal Counsel

Property Manager

Land Development Manager

Compliance Officer

Risk Manager

Finance Director

Corporate Secretary

Operations Manager

Business Development Manager

Project Manager

Investment Analyst

Property Development Director

Land Acquisition Specialist

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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