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Estate Deed
"I need an Estate Deed prepared for the transfer of a commercial property in Jakarta Central Business District from PT Maju Bersama to PT Global Investments, with closing scheduled for March 15, 2025, including provisions for existing tenant agreements and staged payment terms."
1. Title and Deed Number: Official deed number, date, and time of execution as required by Indonesian notarial law
2. Parties: Complete details of the grantor/seller and grantee/buyer including their legal capacity to execute the deed
3. Background: History of land ownership, basis of transfer, and relevant previous deeds or certificates
4. Definitions: Key terms used throughout the deed including property definitions and legal terminology
5. Property Details: Comprehensive description of the property including certificate number, land area, boundaries, and building specifications
6. Title History: Chain of ownership and verification of clean and clear status of the property
7. Purchase Price and Payment Terms: Details of consideration and payment arrangements
8. Transfer of Rights: Legal language effecting the transfer of property rights
9. Representations and Warranties: Statements regarding property ownership, absence of disputes, and legal capacity
10. Tax Obligations: Declaration of tax responsibilities including Land and Building Transfer Duty (BPHTB)
11. Handover Provisions: Terms and timing of physical property handover
12. Governing Law: Confirmation of Indonesian law application and jurisdiction
13. Closing Statements: Standard notarial closing statements required by Indonesian law
14. Execution: Signature section including witness details as required by notarial regulations
1. Mortgage Status: Required if the property has any existing mortgage or will be mortgaged as part of the transaction
2. Building Permits: Needed when the property includes buildings requiring IMB (Building Permit) documentation
3. Strata Title Provisions: Required for apartments or properties under strata title
4. Foreign Ownership Compliance: Required when the buyer is a foreign national, detailing compliance with Indonesian foreign ownership restrictions
5. Power of Attorney: Included when any party is represented by an attorney-in-fact
6. Spousal Consent: Required when the property is matrimonial property requiring spouse's approval
7. Development Obligations: Needed for undeveloped land with development requirements
8. Environmental Declarations: Required for properties in environmentally sensitive areas or with specific environmental obligations
1. Property Certificate Details: Copy or details of the land certificate issued by BPN
2. Site Plan: Official diagram showing property boundaries and measurements
3. Building Specifications: Detailed description of building structures if included in the sale
4. Tax Payment Receipts: Proof of payment of Land and Building Tax (PBB) and transfer taxes
5. Identity Documents: Copies of parties' identity cards, family cards, and other required identification
6. Corporate Documents: Required if any party is a corporate entity, including establishment deeds and approvals
7. Previous Titles: Copies of previous title documents showing chain of ownership
8. Zoning Certificate: Documentation of property zoning and permitted use
9. Building Permits: Copies of IMB and other relevant permits
10. Payment Evidence: Proof of purchase price payment and tax payments
Authors
Building Rights (Hak Guna Bangunan)
Building Permit (IMB)
Certificate of Land Rights
Consideration
Deed
Effective Date
Encumbrances
Freehold Title (Hak Milik)
Governing Law
Land and Building Tax (PBB)
Land Book
Land Deed Official (PPAT)
Land Registration
Land Rights Certificate
Legal Requirements
Location Permit
National Land Agency (BPN)
Notary
Party/Parties
Permitted Use
Property
Property Rights
Purchase Price
Right of Cultivation (Hak Guna Usaha)
Right of Use (Hak Pakai)
Site Plan
Spatial Planning Requirements
Strata Title
Tax Assessment Value (NJOP)
Title Deed
Transfer Date
Transfer of Rights
Unregistered Land
Witnesses
Zoning Requirements
Recitals
Definitions
Property Description
Title Verification
Purchase Price
Payment Terms
Transfer of Rights
Representations and Warranties
Property Handover
Tax Obligations
Registration Requirements
Compliance with Regulations
Prior Encumbrances
Warranties of Title
Rights and Obligations
Property Condition
Environmental Compliance
Zoning Compliance
Building Permits
Access Rights
Utilities
Insurance
Risk of Loss
Default Provisions
Force Majeure
Dispute Resolution
Governing Law
Severability
Entire Agreement
Notarial Declarations
Witness Statements
Execution
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Professional Services
Government and Public Sector
Housing
Commercial Property
Industrial Property
Agriculture (for agricultural land)
Hospitality
Retail
Infrastructure Development
Legal
Real Estate
Property Management
Compliance
Corporate Affairs
Documentation
Investment
Operations
Risk Management
Administration
Business Development
Asset Management
Real Estate Lawyer
Property Manager
Legal Counsel
Notary Public
Land Deed Official
Real Estate Agent
Property Developer
Compliance Officer
Title Examiner
Real Estate Investment Manager
Property Rights Specialist
Land Registration Officer
Corporate Lawyer
Real Estate Transaction Coordinator
Property Rights Administrator
Legal Documentation Specialist
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