Property Contract Template for Indonesia

1. Conditions Precedent: Used when completion is subject to specific conditions being met, such as obtaining permits or clearances

2. Mortgage Provisions: Required when the property purchase involves bank financing

3. Property Management: Needed for apartments or properties in managed complexes

4. Foreign Ownership Provisions: Required when the buyer is a foreign national, including specific restrictions and requirements

5. Development Obligations: Necessary when the property requires development or renovation work

6. Environmental Provisions: Important when the property has environmental considerations or requirements

7. Broker Provisions: Required when property agents or brokers are involved in the transaction

8. Force Majeure: Optional clause dealing with unforeseen circumstances affecting the transaction

1. Property Description Schedule: Detailed technical description of the property, including maps and floor plans

2. Payment Schedule: Detailed breakdown of payment installments and due dates

3. Title Documents: Copies of land certificates and other ownership documents

4. Due Diligence Results: Summary of property checks and verifications

5. Permits and Licenses: Copies of relevant permits and licenses attached to the property

6. Property Handover Checklist: List of items and conditions for property handover

7. Tax Certificates: Copies of property tax payments and certificates

8. Property Photographs: Current photographs of the property and its condition