Ƶ

Property Agreement for Indonesia

Property Agreement Template for Indonesia

A comprehensive legal document governed by Indonesian law that establishes the terms and conditions for property transactions, including sale, purchase, or lease of real estate assets in Indonesia. This agreement complies with Indonesian Civil Code requirements and incorporates provisions from the Basic Agrarian Law (UUPA) and related property regulations. It addresses crucial aspects such as property rights transfer, payment terms, obligations of parties, and specific requirements for property registration under Indonesian law. The document includes necessary provisions for both domestic and foreign parties, considering Indonesia's restrictions on foreign property ownership and local property regulations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Property Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Property Agreement?

The Property Agreement serves as a fundamental legal instrument for real estate transactions in Indonesia, operating within the framework of Indonesian property law and the Civil Code. This document is essential when transferring, purchasing, or leasing property rights, and must comply with specific requirements under Indonesian law, including the Basic Agrarian Law (UUPA) and regional property regulations. It is particularly important given Indonesia's unique land title system and restrictions on foreign ownership. The agreement typically requires execution before an Indonesian notary (PPAT) and must be registered with relevant authorities. It includes comprehensive details about the property, parties' obligations, payment terms, and specific provisions required by Indonesian property law. This document is crucial for both commercial and residential property transactions, and can be adapted for various types of property rights recognized under Indonesian law.

What sections should be included in a Property Agreement?

1. Parties: Details of the parties entering into the agreement, including their legal names, addresses, and registration numbers for companies

2. Background: Context of the agreement, including brief history of the property and purpose of the transaction

3. Definitions: Definitions of key terms used throughout the agreement, including Indonesian legal terms

4. Property Details: Comprehensive description of the property including certificate number, land area, building specifications, and boundaries as per Indonesian land registration requirements

5. Transaction Terms: Core terms of the property transaction including price/rent, payment terms, and payment method in accordance with Indonesian banking regulations

6. Rights and Obligations: Detailed responsibilities of each party under Indonesian law, including maintenance obligations and permitted use of property

7. Title and Ownership: Declarations regarding legal ownership, encumbrances, and transfer process in accordance with Indonesian property law

8. Representations and Warranties: Legal statements and guarantees about the property's status and parties' authority to enter into the agreement

9. Completion Process: Steps for completing the transaction, including notarial requirements and registration procedures

10. Default and Remedies: Consequences of breach and available legal remedies under Indonesian law

11. Governing Law and Dispute Resolution: Specification of Indonesian law as governing law and dispute resolution mechanisms

12. Notices: Process for formal communications between parties

13. General Provisions: Standard legal provisions including severability, entire agreement, and amendments

What sections are optional to include in a Property Agreement?

1. Foreign Ownership Provisions: Required when one party is non-Indonesian, detailing compliance with foreign ownership restrictions

2. Strata Title Provisions: Required for apartments or multi-story properties, including building management and common area rights

3. Tenant Provisions: Required for lease agreements, including terms of occupancy and maintenance responsibilities

4. Mortgage Provisions: Required when the property is subject to mortgage or financing arrangements

5. Development Rights: Required when the property includes undeveloped land or renovation rights

6. Environmental Compliance: Required for properties in environmentally sensitive areas or with specific environmental obligations

7. Cultural Heritage Provisions: Required for properties with cultural or historical significance under Indonesian law

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

What schedules should be included in a Property Agreement?

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

2. Title Documents: Copies of land certificates, building permits, and other ownership documents

3. Payment Schedule: Detailed breakdown of payment terms, installments, and due dates

4. Due Diligence Results: Reports on legal and physical inspection of the property

5. Land Use Certificates: Copies of zoning permits and land use rights certificates

6. Property Tax Documents: Records of property tax payments and obligations

7. Building Specifications: Technical details of building construction and facilities

8. Previous Agreements: Copies of relevant prior agreements affecting the property

9. Power of Attorney: If applicable, notarized power of attorney documents

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

Construction

Banking & Finance

Hospitality

Retail

Commercial Property

Residential Property

Industrial Property

Agriculture

Tourism

Manufacturing

Logistics

Education

Healthcare

Relevant Teams

Legal

Real Estate

Property Management

Facilities Management

Business Development

Operations

Finance

Compliance

Risk Management

Asset Management

Investment

Acquisitions

Development

Contract Administration

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Compliance Officer

Real Estate Agent

Property Manager

Facilities Manager

Investment Manager

Asset Manager

Business Development Manager

Operations Director

Chief Financial Officer

Risk Manager

Contract Administrator

Property Valuer

Real Estate Analyst

Development Director

Acquisition Manager

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

Find the exact document you need

Escrow Agreement (Real Estate)

Indonesian law-governed agreement establishing escrow arrangements for real estate transactions, detailing fund handling and completion mechanisms.

Download

Exclusive Contract (Real Estate)

An exclusive real estate agency agreement under Indonesian law establishing sole rights for property marketing and sale.

Download

Exclusive Agency Buyer Agency Agreement

An Indonesian law-governed agreement establishing exclusive representation rights for a real estate agent to act on behalf of a property buyer.

Download

Commercial Commission Agreement

An Indonesian law-governed agreement establishing commission-based business relationship between principal and agent, defining commission terms and compliance requirements.

Download

Side Agreement (Real Estate)

An Indonesian law-governed supplementary agreement that addresses specific aspects or modifications to a main real estate contract.

Download

Joint Development Agreement (Real Estate)

An Indonesian law-governed agreement establishing terms for collaborative real estate development between multiple parties.

Download

Exclusive Agreement (Real Estate)

An exclusive real estate agency agreement under Indonesian law, establishing sole rights to market and sell/lease property with defined terms and obligations.

Download

Land Development Agreement

An Indonesian law-governed agreement between landowner and developer establishing terms for land development, including rights, obligations, and regulatory compliance requirements.

Download

Joint Venture Property Development Agreement

An Indonesian law-governed agreement establishing a joint venture between parties for property development, covering project execution, investments, and regulatory compliance.

Download

Buyer Rep Agreement

An Indonesian law-governed agreement establishing the terms and conditions between a property buyer and their appointed representative for property acquisition services.

Download

Residential Listing Agreement

An Indonesian law-governed agreement between a property owner and real estate agent establishing terms for listing and marketing residential property.

Download

Real Estate Term Sheet

An Indonesian law-governed preliminary agreement outlining key terms and conditions for a proposed real estate transaction, serving as a basis for negotiation and subsequent definitive agreements.

Download

Rental Property Contract

An Indonesian law-governed agreement establishing terms and conditions for property rental between landlord and tenant, ensuring compliance with local property regulations and the Civil Code.

Download

Land Co Ownership Agreement

An Indonesian law-governed agreement establishing terms and conditions for shared ownership of land property, including rights, obligations, and management provisions.

Download

Real Estate Contract Agreement

An Indonesian law-governed agreement for real estate property transfer, detailing terms of sale and ownership transfer requirements.

Download

Property Tenancy Agreement

An Indonesian law-governed agreement between landlord and tenant establishing terms and conditions for property rental, compliant with Indonesian Civil Code and property regulations.

Download

Business Property Lease Agreement

An Indonesian law-governed agreement establishing terms for commercial property lease between a business tenant and property owner.

Download

Lease Listing Agreement

An Indonesian law-governed agreement between property owner and real estate agent establishing terms for property listing and marketing for lease purposes.

Download

Real Estate Profit Sharing Agreement

An Indonesian law-governed agreement establishing profit-sharing arrangements between parties for real estate property ventures, including management and distribution terms.

Download

Owner Finance Real Estate Contract

An Indonesian law-compliant agreement for property sale with seller-provided financing, combining property transfer and payment terms in accordance with local regulations.

Download

Lease To Own Property Agreement

An Indonesian law-governed agreement establishing terms for leasing property with a future purchase option, combining rental and purchase elements in compliance with local property regulations.

Download

Property Transfer Contract

An Indonesian law-compliant contract facilitating the legal transfer of property ownership between parties, requiring execution before a land deed official (PPAT).

Download

Transfer Of Ownership Agreement Property

An Indonesian law-governed agreement for transferring property ownership between parties, requiring execution before a Land Deed Official (PPAT) and registration with the National Land Office.

Download

Option Agreement Land

An Indonesian law-governed agreement granting exclusive rights to purchase specified land within a set timeframe under predetermined terms.

Download

Commercial Property Contract

An Indonesian law-governed contract for commercial property transactions, addressing property transfer, rights, and obligations under local property legislation.

Download

Real Estate Operating Agreement

An Indonesian law-governed agreement establishing terms for professional management and operation of real estate properties between owners and operators.

Download

Home Selling Contract

An Indonesian law-governed contract for the sale and transfer of residential property, requiring execution before a certified land deed official (PPAT).

Download

Wholesale Agreement Contract

An Indonesian law-governed agreement establishing terms for wholesale trading relationships, including ordering, delivery, pricing, and regulatory compliance requirements.

Download

Land Contract

An Indonesian law-governed Land Contract for the transfer of land rights, compliant with Basic Agrarian Law requirements and local property regulations.

Download

Real Estate Purchase Agreement

An Indonesian law-compliant agreement for the purchase and sale of real estate, detailing property transfer terms and conditions under local property regulations.

Download

Property Rental Agreement

An Indonesian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.

Download

Property Lease Agreement

An Indonesian law-governed agreement establishing terms and conditions for property leasing, defining rights and obligations of landlord and tenant.

Download

Property Contract

An Indonesian law-governed agreement for property transfer, complying with local property regulations and the Civil Code.

Download

Property Agreement

An Indonesian law-governed agreement establishing terms and conditions for property transactions, ensuring compliance with local property regulations and ownership requirements.

Download

Listing Agreement

An Indonesian law-governed agreement between property owner and real estate agent establishing terms for property listing and marketing services.

Download

House Contract

An Indonesian law-governed residential property rental agreement establishing terms and conditions between landlord and tenant.

Download

Exclusive Listing Agreement

An Indonesian law-governed agreement establishing an exclusive relationship between a property owner and real estate agency for property marketing and sale.

Download

Estate Contract

A legally binding agreement under Indonesian law for the transfer of real property ownership, including terms, conditions, and compliance with local property regulations.

Download

Buyers Agreement

An Indonesian law-governed agreement establishing terms and conditions for purchase of goods or services, ensuring compliance with local regulations.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it