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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.
Tahun 2024 menjadi tahun yang penuh dinamika bagi industri properti Indonesia. Di satu sisi, pasar properti residensial menunjukkan stabilitas relatif, dengan indeks harga properti komposit-16 hanya naik 1,74% selama 2023. Di sisi lain, sektor properti di kalangan ekspatriat menunjukkan peningkatan bertahap di awal tahun 2024. Bagi investor cerdas, situasi ini menghadirkan peluang menarik untuk memanfaatkan […]
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Our journey started in 2016 with the sole aim of becoming the most ethical property and real estate agent in Indonesia. Our dream is to be a complete solution for the needs of expatriates, offering comprehensive solutions for property investment in Indonesia. Find Out More »
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