Assignment Contract (Real Estate) Template for Indonesia

1. Conditions Precedent: Used when completion is subject to certain conditions being met, such as regulatory approvals or third-party consents

2. Existing Tenancies: Required when the property is subject to ongoing lease agreements that will be transferred

3. Foreign Ownership Compliance: Necessary when either party is a foreign national or entity, addressing compliance with Indonesian foreign ownership restrictions

4. Environmental Matters: Important for properties with potential environmental issues or requirements

5. Outstanding Loans and Encumbrances: Required when there are existing mortgages or liens that need to be addressed

6. Property Management Transition: Relevant for commercial properties with ongoing management arrangements

7. Dispute Resolution: Detailed dispute resolution procedures beyond standard court jurisdiction

8. Force Majeure: Provisions for unforeseen circumstances affecting completion

9. broker_commission: Required when a broker or agent is involved in the transaction

1. Property Details: Comprehensive description of the property, including certificates, boundaries, and specifications

2. Title Documents: List and copies of all relevant title documents and certificates

3. Payment Schedule: Detailed breakdown of payment terms and installments if applicable

4. Outstanding Liabilities: List of any existing liabilities or encumbrances affecting the property

5. Property Handover Checklist: Inventory of items included in the assignment and condition report

6. Required Permits and Licenses: Copies of all relevant permits and licenses associated with the property

7. Land Use Certificates: Copies of land use rights certificates and related documents

8. Property Tax Records: History of property tax payments and current status