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The Registered Agreement For Sale is a crucial legal document in Indonesian property transactions, essential for both residential and commercial property transfers. It serves as the primary contract documenting the terms and conditions of property sales, requiring registration with relevant authorities and execution before a Land Deed Official (PPAT) to be legally binding. This document is mandatory under Indonesian law for property transfers and must comply with various regulations including the Basic Agrarian Law (UUPA), Land Registration regulations, and relevant tax laws. It includes comprehensive details about the property, parties involved, payment terms, and conditions for ownership transfer, while also addressing specific requirements for foreign ownership if applicable. The agreement provides legal protection for all parties and serves as the basis for property title transfer registration in the National Land Office.

1. Parties: Full legal names, addresses, and details of the seller and purchaser, including their legal capacity to enter into the agreement

2. Background: Context of the sale, brief description of the property, and intention of the parties to enter into the sale transaction

3. Definitions: Definitions of key terms used throughout the agreement for clarity and legal certainty

4. Property Details: Comprehensive description of the property including certificate number, land area, building specifications, and registered address

5. Purchase Price: Agreed purchase price, payment schedule, and method of payment

6. Payment Terms: Detailed payment structure including deposits, installments, and final payment arrangements

7. Conditions Precedent: Conditions that must be fulfilled before the agreement becomes fully effective

8. Seller's Warranties: Warranties regarding property ownership, absence of encumbrances, and other property-related guarantees

9. Buyer's Warranties: Warranties regarding financial capacity and compliance with relevant laws

10. Completion: Process and requirements for completing the sale, including documentation and registration requirements

11. Transfer of Title: Procedures and obligations for legally transferring the property title

12. Costs and Taxes: Allocation of transaction costs, taxes, and registration fees

13. Default and Termination: Consequences of default and circumstances allowing termination

14. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction

15. Execution: Signature blocks and execution requirements