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Ground Lease Agreement
"I need a Ground Lease Agreement under Indonesian law for a 25-year industrial warehouse development in Jakarta's Special Economic Zone, with construction to commence in March 2025, including specific provisions for foreign investment requirements and environmental compliance."
1. Parties: Identification of the lessor and lessee, including complete legal names, addresses, and registration details as required under Indonesian law
2. Background: Context of the lease arrangement, including brief description of the land and intended use
3. Definitions: Definitions of key terms used throughout the agreement, including Indonesian legal terms
4. Grant of Lease: Specific details of the lease grant, including the exact nature of rights being granted under Indonesian land law
5. Term and Renewal: Duration of the lease, commencement date, and any renewal options, considering maximum terms allowed under Indonesian law
6. Rent and Payment Terms: Lease payment amounts, payment schedule, review mechanisms, and any escalation provisions
7. Security Deposit: Details of security deposit requirements and conditions for return
8. Permitted Use: Specified allowed uses of the land in accordance with zoning laws and local regulations
9. Compliance with Laws: Obligations to comply with Indonesian laws, regulations, and obtain necessary permits
10. Maintenance and Repairs: Responsibilities for land maintenance and any existing structures
11. Insurance: Required insurance coverage and obligations
12. Assignment and Subletting: Rights and restrictions regarding transfer of lease rights
13. Default and Termination: Events of default, remedies, and termination procedures
14. Surrender: Conditions and procedures for surrendering the property at lease end
15. Governing Law and Dispute Resolution: Specification of Indonesian law as governing law and dispute resolution mechanisms
16. Notices: Procedures for formal communications between parties
17. Execution: Formal execution requirements complying with Indonesian law
1. Development Rights and Obligations: Include when the lease involves development or construction rights, specifying construction timelines and requirements
2. Environmental Matters: Include when there are specific environmental concerns or requirements for the land
3. Foreign Investment Provisions: Include when the lessee is a foreign entity, addressing specific requirements under Indonesian investment law
4. Right of First Refusal: Include when parties agree to give the lessee first right to purchase the land if offered for sale
5. Quiet Enjoyment: Include when specific provisions for peaceful possession are required
6. Force Majeure: Include when specific force majeure provisions are needed beyond standard provisions
7. Traditional Rights Protection: Include when the land involves or affects traditional community rights (hak ulayat)
8. Utilities and Services: Include when specific arrangements for utilities access and services are needed
1. Land Title Details: Complete legal description of the land, including certificate numbers and land use rights details
2. Site Plan: Detailed plan showing the leased area, boundaries, and any existing structures
3. Rent Schedule: Detailed breakdown of rent payments, including escalation calculations
4. Permitted Use Details: Detailed specifications of permitted activities and development rights
5. Required Permits: List of permits and licenses required for intended use
6. Insurance Requirements: Detailed insurance requirements and minimum coverage amounts
7. Form of Bank Guarantee: Template for required bank guarantee or security deposit
8. Handover Protocol: Procedures and checklist for initial handover and final surrender
9. Development Plans: If applicable, approved plans for development or construction on the land
Authors
Applicable Laws
Approved Plans
Basic Rent
Building Permit (IMB)
Business Day
Certificate of Land Title
Commencement Date
Common Areas
Completion Date
Development Works
Environmental Laws
Event of Default
Force Majeure
Ground Rent
Hak Guna Bangunan (HGB/Right to Build)
Hak Pakai (Right to Use)
Improvements
Land
Land Office
Lease Period
Lease Year
Licensed Surveyors
Local Authority
Notarial Deed
Operating Expenses
Permitted Use
Planning Permission
Premises
Property Tax (PBB)
Regional Government
Related Parties
Renewal Term
Rent
Security Deposit
Site Plan
Spatial Planning Requirements
Statutory Authorities
Substantial Completion
Term
Traditional Rights (Hak Ulayat)
Utilities
Value Added Tax (PPN)
Zoning Laws
Grant of Lease
Term and Renewal
Rent and Payment
Security Deposit
Taxes and Outgoings
Permitted Use
Development Rights
Construction Requirements
Maintenance and Repair
Alterations and Improvements
Insurance
Indemnification
Assignment and Subletting
Regulatory Compliance
Environmental Compliance
Utilities and Services
Access Rights
Quiet Enjoyment
Default and Remedies
Termination
Force Majeure
Dispute Resolution
Governing Law
Notices
Registration Requirements
Land Title Matters
Traditional Rights
Environmental Protection
Planning and Zoning
Representations and Warranties
Liability and Indemnity
Security Arrangements
Surrender
Handover Requirements
Real Estate
Commercial Property
Industrial
Manufacturing
Retail
Hospitality
Agriculture
Infrastructure Development
Energy
Mining
Telecommunications
Logistics and Warehousing
Legal
Real Estate
Property Management
Operations
Finance
Compliance
Corporate Secretariat
Business Development
Facilities Management
Project Management
Real Estate Director
Property Manager
Legal Counsel
Chief Legal Officer
Development Manager
Facilities Manager
Land Acquisition Manager
Commercial Director
Project Manager
Chief Financial Officer
Investment Manager
Asset Manager
Operations Director
Compliance Officer
Corporate Secretary
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