Document background
The Purchase Deed (Akta Jual Beli) is a fundamental legal instrument in Indonesian property law, used whenever there is a transfer of land or building ownership between parties. This document is essential under Indonesian law and must be prepared and executed in accordance with strict legal requirements, including preparation by a certified Land Deed Official (PPAT). The deed serves multiple purposes: it formalizes the transfer of property rights, provides legal certainty for both parties, enables registration with the National Land Office, and serves as the basis for updating the property's certificate of title. It includes crucial details such as property specifications, price, payment terms, and warranties, while ensuring compliance with local property regulations and tax requirements. The document is particularly important as it represents the final stage of a property transaction in Indonesia, following the preliminary sale and purchase agreement (PPJB).
