HOW TO BUY LAND LEGALLY AND SAFELY IN INDONESIA

Corporation, Property and Real Estate
PROCEDURE AND MECHANISM OF PURCHASING LAND IN INDONESIA Land sale and purchase is a transaction that must involve public officials.  Unlike movable object transactions such as buying, television, tables and other goods, when agreement on the price is met, payment made by the buyer, the ownership status is automatically by law is transferred. The buyer as new owner has legal ownership over the good or service and may take it.  Land and buildings however are different, they are immovable objects and its transaction made with specific terms.  Even though the buyer agrees on the price and might had made payment in cash and in full to the seller, the land/buildings ownership however are remain unchanged if not comply with the law that regulates it. The transaction does not create transfer…
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