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Land Purchase Deed
"I need a Land Purchase Deed for acquiring a 500-square-meter commercial property in Jakarta's Central Business District, with completion scheduled for March 2025; the seller is a local corporation and we'll need to include special provisions for existing tenant agreements."
1. Parties: Identification of the seller and buyer with complete details including name, ID number (KTP), address, and citizenship status
2. Background: Context of the transaction including brief history of land ownership and purpose of the transfer
3. Definitions: Key terms used in the deed including property definitions, technical terms, and legal references
4. Property Details: Comprehensive description of the land including certificate number, location, boundaries, size, and land use category
5. Ownership Verification: Confirmation of seller's legitimate ownership and authority to transfer the property
6. Purchase Price: Agreed purchase price, payment terms, and confirmation of payment receipt
7. Transfer of Rights: Legal statement of transfer of ownership rights from seller to buyer
8. Representations and Warranties: Seller's declarations regarding property condition, encumbrances, and legal status
9. Handover Provisions: Terms and timing for physical handover of the property
10. Tax Obligations: Statement of responsibility for transfer taxes (BPHTB and PPh) and other related costs
11. Registration Requirements: Procedures and obligations for registering the transfer with the Land Office
12. Governing Law: Confirmation of Indonesian law application and jurisdiction
13. Execution: Formal signing section including PPAT's official declaration and witness statements
1. Mortgage Release: Required when the property has an existing mortgage that needs to be discharged
2. Spousal Consent: Required when the seller is married and the property is matrimonial property
3. Corporate Authority: Required when either party is a corporate entity, including corporate approvals
4. Power of Attorney: Required when any party is represented by an attorney-in-fact
5. Foreign Investment Provisions: Required when the buyer is a foreign investor or foreign-owned company
6. Zoning Compliance: Required when the property use requires specific zoning confirmations
7. Environmental Declarations: Required when the property has specific environmental considerations or requirements
1. Property Title Documents: Copies of land certificates and historical ownership documents
2. Site Plan: Detailed plan showing property boundaries, dimensions, and coordinates
3. Tax Payment Receipts: Proof of payment of land and building tax (PBB) and transfer taxes
4. Identity Documents: Copies of parties' identity cards, family cards, and other personal documents
5. Land Office Clearance: Current land registration details and clearance certificate
6. Property Photographs: Recent photographs of the property and its boundaries
7. Payment Evidence: Proof of purchase price payment and transaction records
Authors
Real Estate
Property Development
Agriculture
Industrial
Commercial
Residential
Infrastructure
Mining
Hospitality
Retail
Manufacturing
Logistics
Legal
Real Estate
Property Management
Compliance
Corporate Services
Facilities Management
Business Development
Investment
Operations
Risk Management
Finance
Administrative Services
Real Estate Manager
Property Development Director
Legal Counsel
Compliance Officer
Land Acquisition Manager
Property Manager
Corporate Secretary
Investment Manager
Facilities Manager
Asset Manager
Project Developer
Real Estate Agent
Property Lawyer
Land Administration Officer
Business Development Manager
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