Learning Point Land that has been pledged more than 7 years must be returned to the Pledgor as the landowner without having to pay a ransom, while the Pledgee who has possession for more than 7 years must pay compensation to the landowner. Case Summary Plaintiff’s...
Background Governor of DKI Jakarta has enacted a Regulation of Governor No. 228 of 2016 on Amendment to Decision of Governor Number 41 of 2001 on Procedure of Rights Received from SIPPT Holders to the Local Government of Jakarta (“Regulation No.228/2016”). Regulation...
Background To answer the requisite needs of economical public housing and as one of the Government’s acttion to improve the welfare of the people, the House of Representative and the Government of Indonesia formulated the new law called the Public Housing Savings Law...
Background Financial Services Authority (“OJK”) issued a regulation, namely Financial Services Authority Regulation No. 23/POJK.04/2014 Year 2014 on Guidelines for Issuing and Reporting Asset Backed Securities in the the Form of Participation Letters Within the...
Background On 31 December 2015, Minister of Finance Republic of Indonesia has issued the Minister of Finance Regulation Number 269/PMK.010/2015 on the Limitation of Selling Price of Modest Condominium Unit and Individual Income Who Obtains the Modest Condominium Unit...
Background Government issued new regulations namely Government Regulation No. 96 Year 2015 on Facilities and Convenience in the Special Economic Area (“Regulation 96/2015”), which came into force since December 28, 2015. PP 96/2015 is as an implementing regulation...
Background Regulation published by the Minister of Public Works or also renowned as Permen PU No. 11/2014 happens to be the regulation which controls the management of rainwater on buildings and its land. This regulation is the application of the previous laws which...
Background Jakarta is the capital city of Indonesia. A city that never sleeps and a city always surrounded by luxury and glamour. Many people come here to realize their dreams or at least get a better life. Technology has developed, urban planning is being planned,...
The increasing scarcity of land that can be used for commercial purposes in a city center such as Jakarta, requires efficient management of construction development in the city center. To realize sustainable development, and use the available land efficiently, a...