Ownership Agreement Template for Indonesia

1. Conditions Precedent: Used when the transfer of ownership is subject to certain conditions being met first

2. Foreign Ownership Provisions: Required when one or more parties are foreign entities, addressing specific Indonesian foreign ownership restrictions

3. Mortgage or Encumbrance Details: Included when the property has existing mortgages or encumbrances that need to be addressed

4. Tax Provisions: Detailed tax arrangements when complex tax implications exist

5. Property Management: Including when ongoing management arrangements need to be specified

6. Insurance Requirements: Detailed insurance obligations when specific insurance coverage is required

7. Environmental Provisions: Required when environmental issues or responsibilities need to be addressed

8. Development Rights: Included when future development rights need to be specified

9. Third Party Rights: When there are existing third party rights that need to be addressed

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

2. Title Documents: Copies or details of relevant title documents and certificates

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

4. Due Diligence Results: Summary of due diligence findings and any identified issues

5. Existing Contracts: List and copies of relevant existing contracts affecting the property

6. Required Permits: List of permits and licenses related to the property

7. Property Plans: Maps, drawings, or plans of the property

8. Handover Inventory: Detailed inventory of items included in the transfer