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Land Sale Deed
"I need a Land Sale Deed for the purchase of a 500-square-meter commercial property in Jakarta's Central Business District, with provisions for an existing tenant's lease agreement to continue until March 2025."
1. Parties: Identification of the seller and buyer with complete details including name, ID number, address, marital status, and citizenship
2. Recitals: Background information establishing the seller's ownership and right to sell the land
3. Definitions: Definitions of key terms used throughout the deed
4. Object of Sale: Detailed description of the land including certificate number, location, boundaries, and total area
5. Price and Payment Terms: Agreed purchase price and payment method, including confirmation of receipt if payment is complete
6. Representations and Warranties: Seller's declarations regarding the property's legal status, encumbrances, and buyer's acknowledgments
7. Transfer of Rights: Legal provisions regarding the transfer of land rights from seller to buyer
8. Handover: Terms and conditions for the physical handover of the property
9. Tax Obligations: Provisions regarding land and building tax (PBB) and tax on acquisition of land and building rights (BPHTB)
10. Governing Law: Specification of Indonesian law as the governing law
11. Execution: Formal execution clause and signature blocks for parties and witnesses
1. Spousal Consent: Required when the seller is married and the land is part of joint marital property
2. Power of Attorney: Included when either party is represented by an authorized representative
3. Mortgage Release: Required when the property has an existing mortgage that needs to be discharged
4. Building Handover: Included when buildings on the land are part of the sale
5. Third Party Consent: Required when the property requires approval from third parties (e.g., developer or housing management)
6. Foreign Investment Provisions: Required when the buyer is a foreign investor or foreign-owned company
1. Land Certificate Details: Complete copy and details of the land certificate
2. Property Tax Documents: Copies of recent property tax payments and BPHTB calculations
3. Site Plan: Official site plan showing property boundaries and measurements
4. Identity Documents: Copies of parties' ID cards, family cards, and other relevant identification
5. Building Permits: Copies of building permits (IMB) if buildings are included in the sale
6. Payment Evidence: Proof of payment transactions and tax payments
7. Supporting Documents: Additional documents such as marriage certificates, company deeds, or power of attorney where applicable
Authors
Real Estate
Property Development
Construction
Banking and Finance
Agriculture
Industrial Development
Commercial Property
Residential Property
Tourism and Hospitality
Infrastructure Development
Mining and Resources
Retail
Legal
Real Estate
Property Management
Compliance
Corporate Secretariat
Investment
Asset Management
Development
Land Administration
Risk Management
Real Estate Lawyer
Property Manager
Land Acquisition Manager
Legal Counsel
Compliance Officer
Real Estate Agent
Property Developer
Land Administrator
Corporate Secretary
Investment Manager
Asset Manager
Development Director
Real Estate Analyst
Title Officer
Property Rights Specialist
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