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1. Parties: Identification of the seller and buyer with complete legal names, ID numbers (KTP), and addresses
2. Background: Brief context of the transaction and confirmation of the seller's right to sell the property
3. Definitions: Key terms used throughout the agreement including Property, Purchase Price, Completion Date, etc.
4. Property Details: Complete description of the property including address, certificate number, land area, building area, and boundaries
5. Purchase Price: The agreed purchase price and payment terms including deposit and balance payment schedule
6. Payment Terms: Detailed breakdown of payment schedule, method of payment, and consequences of late payment
7. Conditions Precedent: Conditions that must be fulfilled before the sale can proceed, including title verification and permits
8. Completion: Process and requirements for completing the sale, including documentation and handover procedures
9. Seller's Warranties: Warranties regarding property ownership, absence of disputes, and condition of the property
10. Buyer's Warranties: Warranties regarding financial capacity and compliance with ownership requirements
11. Costs and Taxes: Allocation of transaction costs, taxes, and fees between parties
12. Default and Termination: Consequences of breach and conditions for contract termination
13. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction
14. Signatures: Execution block for all parties and witnesses
1. Broker/Agent Provisions: Include when a property agent is involved in the transaction
2. Mortgage Contingency: Include when the purchase is contingent on buyer obtaining financing
3. Foreign Ownership Compliance: Include when buyer is a foreign national, detailing compliance with Indonesian foreign ownership restrictions
4. Tenant Provisions: Include when the property is currently tenanted
5. Renovation Permission: Include when buyer plans immediate renovations requiring seller's consent
6. Furniture and Fixtures: Include when sale includes specific furniture or fixtures
7. Strata Title Provisions: Include for apartments or properties under strata title
8. Due Diligence Period: Include when buyer requires a period for property inspection and verification
1. Property Details Schedule: Detailed description of the property including certificate details, boundaries, and floor plans
2. Payment Schedule: Detailed breakdown of payment installments and due dates
3. Inventory List: List of furniture, fixtures, and other items included in the sale
4. Property Certificates: Copies of land and building certificates
5. Property Tax Records: Copies of recent property tax payments and certificates
6. Due Diligence Documents: Copies of permits, licenses, and other relevant property documents
7. Property Photographs: Recent photographs documenting the current condition of the property
8. Form of Transfer Deed: Template of the deed of transfer to be executed at completion
Real Estate
Property Development
Banking and Finance
Legal Services
Construction
Property Management
Insurance
Property Investment
Residential Housing
Legal
Real Estate
Property Management
Compliance
Risk Management
Operations
Sales
Document Management
Customer Relations
Finance
Real Estate Agent
Property Lawyer
Notary Public
Property Manager
Real Estate Developer
Mortgage Officer
Property Appraiser
Legal Counsel
Real Estate Broker
Title Officer
Conveyancing Lawyer
Property Administrator
Real Estate Investment Manager
Compliance Officer
Real Estate Transaction Coordinator
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