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Property Legal Services
The process of buying and leasing property in Indonesia could be easy if you have a comprehensive understanding of your rights as a buyer/lessee/lessor. There are however a range of issues that may affect your future investment.
For decades, the recording has always been in the form of hand-written records. It is not uncommon to see two official land certificates for the same plot of land. The Indonesian Government has only very recently started on digital records of land certificates. Due diligence acts as a record of investigation and examination of a property before a real estate transaction takes place. It is essential to ensure that the property is legally sound, free from any encumbrances and meets the buyer’s expectations. The goal is to identify potential risks and liabilities associated with the property and to make an informed decision based on the findings.
Engaging a reputable and experienced legal consultant can significantly contribute to a successful due diligence process in Indonesia, as it ensures that potential legal risks are identified and addressed, providing clients with valuable information for making informed business decisions.
During due diligence for property in Indonesia, legal aspects to consider include:
Generally, due diligence for a property in Indonesia can take anywhere from a few weeks to a few months. Connecting with a reliable legal consulting agency like Lets Move Group will be able to provide more tailored information based on the specific circumstances of the property transaction.
The essential documents for property due diligence in Indonesia typically include all types of land documents according to the applied regulations. The documents can be in the form of: - A land certificate (Hak Milik), location permit (Izin Lokasi) - Building permit (Izin Mendirikan Bangunan) - Land use permit (Izin Penggunaan Tanah); - and any relevant licenses or approvals from local authorities.
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In the bustling city of Jakarta, two names stand out in the ever-evolving real estate market: Gary Joy and Miles Lampitt. These expat property experts are not just making waves - they are revolutionizing the real estate industry in Indonesia, bringing unparalleled expertise and innovative solutions to the table.
Our journey began in 2016, with the sole aim of being the best real estate agency in Indonesia. Over time, as our business grew and developed, we began to focus on real estate finance solutions and revolutionized the property finance industry in Indonesia. Find Out More »
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