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Side Agreement (Real Estate)
"I need a Side Agreement (Real Estate) to document additional arrangements between our property development company and a foreign investor regarding special access rights and maintenance responsibilities for a shared facility in Jakarta, with the agreement to take effect from March 2025."
1. Parties: Identification of all parties to the agreement, including their legal status and addresses
2. Background: Context of the side agreement, reference to the main agreement, and reasons for executing this separate agreement
3. Definitions: Key terms used in the agreement, including references to definitions in the main agreement where applicable
4. Relationship with Main Agreement: Clarification of how this side agreement relates to and interacts with the main agreement
5. Subject Matter: Specific details of the additional or modified arrangements being agreed upon
6. Rights and Obligations: Specific responsibilities and entitlements of each party under this side agreement
7. Term and Termination: Duration of the side agreement and circumstances under which it may be terminated
8. Confidentiality: Provisions regarding the confidential nature of the side agreement and its terms
9. Governing Law: Confirmation of Indonesian law as the governing law and relevant jurisdiction
10. Execution: Signature blocks and execution requirements compliant with Indonesian law
1. Special Conditions: Additional terms specific to unique circumstances of the arrangement
2. Registration Requirements: Include when the side agreement requires registration with authorities
3. Foreign Investment Provisions: Required when one party is a foreign entity or individual
4. Local Authority Compliance: Include when specific local government requirements need to be addressed
5. Environmental Provisions: Required when the agreement involves environmental considerations
6. Insurance Requirements: Include when specific insurance arrangements need to be documented
7. Force Majeure: Include when specific force majeure provisions different from main agreement are needed
1. Schedule 1 - Property Details: Detailed description of the property including certificates and registration details
2. Schedule 2 - Payment Terms: Any specific payment arrangements covered by the side agreement
3. Schedule 3 - Required Permits: List of permits and licenses relevant to the side agreement
4. Appendix A - Main Agreement Reference: Relevant excerpts or references from the main agreement
5. Appendix B - Property Documents: Copies of relevant property certificates and permits
6. Appendix C - Powers of Attorney: If required, powers of attorney for specific actions under the side agreement
Authors
Property
Effective Date
Completion Date
Parties
Business Day
Hak Guna Bangunan (Building Rights Title)
Hak Milik (Freehold Title)
Side Agreement
Permitted Use
Relevant Authority
Registration Requirements
Land Certificate
Building Permit (IMB)
Supplementary Terms
Force Majeure Event
Applicable Laws
Land Rights
Property Documents
Transfer Date
Confidential Information
Material Adverse Change
Related Agreements
Security Interest
Encumbrance
Development Approvals
Local Government
Completion Conditions
Environmental Requirements
Payment Terms
Default Event
Notice
Authorized Representative
Registration Period
Permitted Assignee
Relationship with Main Agreement
Property Rights
Land Use
Registration Requirements
Payment Terms
Conditions Precedent
Representations and Warranties
Confidentiality
Force Majeure
Assignment
Termination
Dispute Resolution
Governing Law
Notices
Amendments
Severability
Entire Agreement
Regulatory Compliance
Environmental Compliance
Insurance
Indemnification
Local Authority Requirements
Property Access
Development Rights
Transfer of Rights
Default
Remedies
Foreign Investment
Property Management
Title Warranties
Security Interests
Real Estate
Property Development
Commercial Property
Residential Property
Industrial Property
Hospitality
Retail Property
Mixed-Use Development
Infrastructure Development
Urban Planning
Legal
Real Estate
Property Development
Compliance
Operations
Asset Management
Investment
Finance
Risk Management
Corporate Affairs
Real Estate Manager
Property Development Director
Legal Counsel
Contract Administrator
Property Manager
Investment Manager
Real Estate Analyst
Compliance Officer
Real Estate Partner
Property Operations Manager
Asset Manager
Development Director
Real Estate Transaction Manager
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