Preliminary Condominiums are one of the ideal alternatives to fulfill the society’s housing needs, especially in urban areas, due to the availability of land constraints. The condominium unit is a unit of condominiums whose main purpose is used separately with the...
One of the stages in the land procurement for development of public interest is the issuance of location determination by the Governor or Regent/Mayor if they receive delegation from the Governor. The location determination is used as a permit for land procurement,...
Financial Administration General P3SRS is responsible for the financial administration of condominium management after the Developer delivers the management to P3SRS which consists of management cost and other legitimate businesses. Management Cost The amount of...
Membership and Organization Membership Only the Owner or Tenant may obtain proxy from the Owner of the condominium unit who can become a member. However, please note that the Owner who is not the tenant of condominium unit cannot occupy positions in the management...
Formation of P3SRS General The formation of P3SRS is organized by the Committee facilitated by the Developer in the form of required accommodation and facilities. The objectives of the establishment of the P3SRS are to determine: (i) the formation of an organizational...
Location Permit Object and Subject The object of Location Permit must be a land which according to the Regional Spatial Plan (“RTRW”) is intended to be used in accordance with the business plan prepared by Business Actor. The limitation of control over land that is...
Background On 5 December 2018, Governor of DKI Jakarta has issued a Regulation of Governor Number 132 of 2018 on the Encouragement of the Management of Owned Condominium (“Condo Reg”). This Regulation is aimed to manage the management of Owned Condominium so that they...
Definition Final Income Tax is a tax charged based on a tax rate and a certain tax base on a received income by the Tax Subject during the year which its payment is fully deposited by the time it is received so that the taxpayer is deemed to have paid off their tax...
Background On 24 August 2018, Governor of DKI Jakarta issued a Circular Letter No. 24/prt.m/2018, concerning the Optimization of Encouragement on the Management of Owned Condominium (“SE No. 16/2018”). SE No. 16/2018 was issued to create a comfortable, safe,...