The Property Damage Waiver Form is a critical legal instrument used in Indonesian property transactions and occupancy arrangements to establish clear boundaries of liability regarding property damage. This document becomes necessary when property owners or managers need to protect their interests while allowing others to use or occupy their property, whether for residential, commercial, or event purposes. The form must comply with Indonesian civil law requirements, particularly the Indonesian Civil Code (KUHPerdata) and relevant property regulations. It typically includes detailed property descriptions, specific damage provisions, temporal scope, and clearly defined limitations to ensure legal enforceability. The document serves as a risk management tool while maintaining fairness and transparency between all parties involved.
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1. Parties: Identification of all parties involved, including the property owner/manager and the party accepting the waiver
2. Background: Context of the waiver, including the purpose and general circumstances necessitating the agreement
3. Definitions: Clear definitions of key terms used in the document, including 'Property', 'Damage', and 'Waiver'
4. Property Description: Detailed description of the property covered by the waiver
5. Scope of Waiver: Specific details of what damages and liabilities are being waived
6. Duration: Time period for which the waiver is valid
7. Limitations of Waiver: Clear statement of what is not covered by the waiver, including intentional damage or gross negligence
8. Representations and Warranties: Statements by both parties regarding their authority and understanding of the waiver
9. Governing Law: Specification that Indonesian law governs the agreement
10. Execution: Signature blocks and execution requirements
1. Insurance Requirements: Details of any insurance requirements or recommendations, used when specific insurance coverage is required
2. Indemnification: Additional indemnification provisions, included when broader protection is needed
3. Dispute Resolution: Specific procedures for handling disputes, included when parties want to specify mediation or arbitration processes
4. Special Conditions: Any special conditions or circumstances specific to the property or situation
5. Witness Requirements: Section for witness signatures, included when additional verification is required
6. Language Declaration: Used when the document is bilingual or when specific language requirements need to be addressed
1. Schedule A - Property Details: Detailed description of the property, including photographs, floor plans, or relevant documentation
2. Schedule B - Existing Damage Report: Documentation of any pre-existing damage or conditions
3. Schedule C - Property Rules and Regulations: Any specific rules or regulations applicable to the property
4. Appendix 1 - Photo Documentation: Photographic evidence of the property's condition at the time of waiver execution
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Management
Hospitality
Construction
Events and Entertainment
Facilities Management
Residential Services
Commercial Property
Industrial Property
Shared Workspace
Relevant Teams
Legal
Property Management
Facilities
Operations
Risk Management
Asset Management
Compliance
Administrative Services
Contract Management
Real Estate Services
Relevant Roles
Property Manager
Facility Manager
Real Estate Agent
Legal Counsel
Risk Manager
Operations Manager
Asset Manager
Building Superintendent
Leasing Manager
Property Administrator
Compliance Officer
Contract Administrator
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