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Acknowledgement Receipt For Reservation Fee for Indonesia

Acknowledgement Receipt For Reservation Fee Template for Indonesia

A formal document governed by Indonesian law that serves as official proof of receipt for a reservation fee payment. This document acknowledges the receipt of funds paid to secure the temporary exclusive right to purchase, use, or reserve a specific product, property, or service. It includes essential details such as the parties involved, payment information, the subject of reservation, and terms of the reservation period, all structured in compliance with Indonesian financial documentation requirements and consumer protection laws.

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Acknowledgement Receipt For Reservation Fee

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What is a Acknowledgement Receipt For Reservation Fee?

The Acknowledgement Receipt For Reservation Fee is a crucial document in Indonesian business transactions where a party wishes to secure exclusive rights to a future purchase or service. This document type is commonly used in real estate transactions, product pre-orders, and service bookings throughout Indonesia, providing legal protection under Indonesian civil law for both the paying and receiving parties. It must comply with Indonesian financial documentation requirements and consumer protection regulations, particularly Law No. 8 of 1999 on Consumer Protection. The document serves as official proof of payment and outlines the terms of the reservation, including the duration, conditions for refund or forfeiture, and the specific details of what is being reserved. It's essential for maintaining clear records of financial transactions and preventing disputes over reservation rights.

What sections should be included in a Acknowledgement Receipt For Reservation Fee?

1. Receipt Header: Document title, date, and unique receipt number

2. Parties Details: Full names and addresses of both the party paying the reservation fee and the receiving party

3. Payment Details: Amount received, payment method, date of payment, and currency

4. Purpose of Payment: Clear statement of what the reservation fee is for, including specific details of the property or item being reserved

5. Reservation Terms: Duration of the reservation, what the fee secures, and whether it's refundable or non-refundable

6. Acknowledgement: Formal acknowledgement of receipt of the reservation fee

7. Signatures: Space for signatures of both parties and date

What sections are optional to include in a Acknowledgement Receipt For Reservation Fee?

1. Third Party Payment Declaration: To be included when the reservation fee is paid by someone other than the intended buyer/reserving party

2. Refund Conditions: Detailed conditions for refund if the reservation fee is refundable under certain circumstances

3. Special Conditions: Any special terms or conditions attached to the reservation

4. Future Payment Schedule: If the reservation fee is part of a larger payment plan, include details of future payments

5. Witness Section: To be included when local law or circumstances require witness signatures

What schedules should be included in a Acknowledgement Receipt For Reservation Fee?

1. Payment Details Schedule: Detailed breakdown of payment including bank transfer details or check information if applicable

2. Property Description: Detailed description of the property or item being reserved, including relevant identification numbers or addresses

3. Terms and Conditions: Standard terms and conditions relating to the reservation fee and its application

4. Identification Documents: Copies of identification documents of the parties involved

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions




















Clauses


















Relevant Industries

Real Estate

Property Development

Hospitality

Retail

Commercial Property

Residential Property

Tourism

Event Management

Automotive

Luxury Goods

Relevant Teams

Sales

Legal

Finance

Customer Service

Administration

Compliance

Property Management

Accounts Receivable

Business Development

Operations

Relevant Roles

Sales Manager

Property Manager

Real Estate Agent

Legal Counsel

Finance Manager

Accounts Receivable Clerk

Customer Service Representative

Business Development Manager

Reservation Coordinator

Administrative Officer

Compliance Officer

Sales Director

Contract Administrator

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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