The Easy Bill of Sale is a fundamental legal document used in Indonesia for documenting the transfer of ownership of personal property. This document is essential when conducting sales transactions of tangible personal property, from vehicles and equipment to general merchandise. It serves as official proof of purchase and transfer of ownership, complying with Indonesian civil law requirements, particularly the Indonesian Civil Code. The document should be used whenever there is a need to document a sale and transfer of personal property, providing protection for both buyer and seller by clearly stating the terms of the sale, property description, and confirmation of payment. The Easy Bill of Sale includes vital information such as party details, property description, purchase price, and warranties, with provisions for witness signatures as required under Indonesian law.
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1. Parties: Identification of the seller and buyer with complete legal names, addresses, and identity card numbers (KTP)
2. Background: Brief context of the sale transaction and confirmation that the seller owns the property being sold
3. Definitions: Clear definitions of key terms used in the document, including 'Property', 'Purchase Price', and 'Transfer Date'
4. Property Description: Detailed description of the property being sold, including specific identifiers, condition, and any known defects
5. Purchase Price: The agreed purchase price, payment method, and confirmation of payment receipt
6. Transfer of Ownership: Clear statement transferring all rights, title, and interest in the property from seller to buyer
7. Seller's Representations: Seller's warranties regarding ownership, right to sell, and condition of the property
8. Execution: Date, signatures of both parties, and witness signatures as required under Indonesian law
1. Payment Terms: Include when payment is not made in full at signing, detailing installment schedule and conditions
2. Delivery Terms: Include when property requires physical delivery, specifying delivery method, timing, and responsibility for costs
3. Encumbrances: Include when there are existing liens, encumbrances, or restrictions on the property that need to be disclosed
4. Governing Law: Include when transaction crosses regional jurisdictions within Indonesia
5. Dispute Resolution: Include for high-value transactions, specifying method of dispute resolution and jurisdiction
1. Property Details Schedule: Detailed technical specifications, photographs, or serial numbers of the property being sold
2. Payment Receipt: Copy of payment receipt or proof of transfer when payment is made before or at signing
3. Property Documents: Copies of relevant ownership documents, certificates, or registration papers
4. Condition Report: Detailed report of the property's condition at time of sale, particularly for vehicles or valuable items
Relevant legal definitions
Clauses
Relevant Industries
Retail
Automotive
Manufacturing
Agriculture
Construction
Small Business
Real Estate
Electronics
Industrial Equipment
Consumer Goods
Relevant Teams
Sales
Procurement
Legal
Operations
Finance
Compliance
Asset Management
Administration
Property Management
Fleet Management
Relevant Roles
Sales Manager
Procurement Officer
Business Owner
Administrative Assistant
Legal Counsel
Asset Manager
Operations Manager
Finance Manager
Compliance Officer
Property Manager
Fleet Manager
Inventory Controller
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