Real Estate
Procedures of Land Acquisition in the Framework of Investment – Land Acquisition Deriving from Right of Ownership
Land acquisition is process of activity that conducts in order to acquire a land. This activity transfers the rights or delivers land relinquishment right through compensation to the beneficiary. The companies are able to conduct land acquisition in areas that...
Infrastructure and Facilities Implementation in Handling Various Household Wastes
In order to implement certain articles found in the regulations concerning the Management of Household Waste as stipulated in Governmental Regulation Number 81 of 2012, it is essential to impose a new law devised by the Minister. The new Regulation would be called the...
The Utilization Guideline of Underground Space According to Regulation Number 02PRT/M/2014 as Stipulated by the Ministry of Public Work
The regulation of underground space utilization can be found under Article 32 Paragraph (2) Regulation Number 26 of 2007 on the matters of Spatial Planning. According to the law, such conduct might be implemented either underground or vertical. What comprises of...
The Preparatory and Implementation Stages of Land Transfer and Building Taxes in Rural as well as Urban areas under Joint Regulation of Ministry of Home Affairs and Finance
Background As a form of law implementation of Article 182 point 1 of Regulation Number 28 of 2009 on Local Retribution and Tax, Joint Regulation of the Ministry of Finance and Home Affairs No. 213/PMK.07/2010 and No. 58 of 2010 on the Preparatory stages of Land...
Policy and Legal Framework Affecting Real Estate in Indonesia
Regulations Concerning Foreigner’s Land Ownership in Indonesia
According to the principal of local law, only people with true Indonesian citizenship have the right to own a land in Indonesia. Individual foreigner who happened to be domiciled in the country may only allowed to have a private property or a home over a particular...
Upgrading the Right of Use of Land to the Right of Ownership
Article 20 of Act no. 5 year 1960 on Basic Regulations on Agrarian Principles (UUPA) states, “the right of ownership is hereditary right; the strongest and fullest right that a person can have on land with reference to Article 6.” This article is related to Article 6...
Legal Aspects of Principle Approval on Location/Land Exemption ( “SP3L”) in DKI Jakarta Province Region for Development and Investment Activities
Legal Basis Regulating SP3L stipulated by the Government of DKI Jakarta Province The realization of city physical development plan, part of the General Spatial Plan and Urban Region Section Plan determined by the Government of DKI Jakarta Province, affects the rapid...