Document background
The Private Rental Agreement serves as a fundamental legal instrument in Indonesian property transactions, essential for formalizing rental arrangements between property owners and tenants. This document is primarily used when individuals or entities wish to lease residential property in Indonesia, ensuring compliance with local property laws and regulations. It incorporates key provisions required under the Indonesian Civil Code (KUH Perdata) and relevant housing legislation, including Law No. 1 of 2011 on Housing and Settlement Areas. The agreement typically covers essential aspects such as rental terms, payment schedules, maintenance responsibilities, and dispute resolution procedures, while also addressing specific Indonesian legal requirements such as proper property documentation and local administrative procedures. This document is particularly important in Indonesia's growing property market, where clear legal documentation is essential for protecting both landlords' and tenants' interests.
