Background In June 2019, the Government of Republic of Indonesia enacted the Minister of Finance Regulation Number 86/PMK.010/2019 and Minister of Finance Regulation Number 92/PMK.03/2019. The Minister of Finance Regulation Number 92/PMK.03/2019 changes the criteria...
Are you involved in property brokerage field? Property Brokerage Company operated the sale and purchase broker, leasing broker, research and assessment, marketing, and consultancy and information dissemination that related to property base on employer or client...
Law No. 20 of 2011 on Condominium ("Condominium Law") requires a developer to separate the condominium with condominium unit, common equipment, common facility, and common land, when the developer constructs a condominium. The separation shall provide a clarity on the...
Nowadays, an apartment has become one of the most popular option as residence. Apartments are built all over the cities and hundreds of people live in it. However, not everyone knows the legal aspects of living in an apartment. In this article, there will be...
Definition Under Article 1 of Law No. 20 of 2011 on Condominium (“Condominium Law”), a public condominium is defined as a condominium which is built to fulfill the needs of home for people with low income. Whereas, a commercial condominium is defined as a condominium...
Based on the Law of Republic of Indonesia Number 20 of 2011 on Condominium (“Condominium Law”), the definition of Certificate of Building Ownership of Condominium Unit (“SKBG Sarusun”) is an evidence of the ownership of condominium unit above the objects owned by...
Conditional Sale and Purchase Agreement (“CSPA”) is basically an agreement to buy the property (e.g. land, house, apartment unit, etc), wherethe seller promises to sell the property to the buyer, and the buyer promises to buy the propertyfrom the seller, subject to...
Condominium is a multilevel building which is built in an area that is divided into sections which are structured functionally, whether horizontally or vertically that constitutes as units in which each can be owned and used separate
ly, mainly for housing complemented with common equipment (bagian bersama), common facility (benda bersama) and common land (tanah bersama). Condominium is regulated in the Law Number 20 of 2011 on Condominium (“Law No. 20/2011”).
Land on where the building of Condominium stands is a common land. According to the law, common land is a piece of land used under an undivided common right, which is a Condominium building over it, determined in accordance with the building license.
According to Article 1 point 5 and 6 of Law no. 20/2011 common equipment is part of Condominium that is undividedly owned for common use, in a unified function of a Condominium. The examples of these are foundation, column, wall, floor, block, roof, stair, pipes, electricity system, gas, telecommunication and public area of a Condominium. Then, common facility is defined as a thing that does not form part of a Condominium, but jointly owned undividedly, for common use. The examples of these are park, landscaping, social building, religious building, playground, and parking space which is separated or integrated with the structure of Condominium building. Accordingly, based on the definitions set out above, of parking space is regarded as a common facility .