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Period of Power of Attorney to Charge Mortgage

Period of Power of Attorney to Charge Mortgage
Background On 22 December 2017, Minister of Agrarian and Spatial Plan/Head of National Land Agency enacted the Minister Regulation No. 22 of 2017 on the Period Assessment of Using Power of Attorney to Charge Mortgage For Securing the Settlement of Particular Debt (“Permen 22/2017”) Permen 22/2017 revokes the regulation of Minister of Agrarian and Spatial…
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The Implementation of Tourism Business

The Implementation of Tourism Business
Background The Governor of DKI Jakarta issued the Governor of DKI Jakarta Regulation Number 18 of 2018 on the Implementation of Tourism Business ("Pergub DKI Jakarta No. 18/2018"), which came into force since 12 March, 2018. Pergub DKI Jakarta No. 18/2018 stipulates the implementation of tourism business that aims to: regulate the governance of registration,…
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Management of Condomonium

Management of Condomonium
Under the Law No. 20 Year 2011 (“Condomonium Law”), the management of condomonium includes operational, maintenance and treatment of joint equipment, joint facility, and joint land. The maintenance activity is defined as an activity to maintain the reliability of the buildings including the infrastructure of the buildings so that it can work properly. Meanwhile, repair…
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Determination and Stipulation of Location of Transit Oriented Development Area

Determination and Stipulation of Location of Transit Oriented Development Area
Under the Regulation of Minister of Agrarian and Spatial Planning/Head of National Land Agency No. 16 of 2017 on Development Guideline of Transit Oriented Area (“Minister Regulation 16/2017”), there are three stages for determining and stipulating the transit oriented development area (“TOD Area”), as follows: determination of potential location of TOD Area; determination of typology…
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Income Tax on The Renting Out of Land and/or Building

Income Tax on The Renting Out of Land and/or Building
Background Government of Republic of Indonesia recently issued Government Regulation No. 34 of 2017 regarding Income Tax on the Revenue of Renting out Land And/or Building (“Government Regulation 34/2017”). This regulation will come into force on 2 January 2018. Government Regulation 34/2017 revokes the Government Regulation No. 29 of 2017 regarding Income Tax Payment on…
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New Law on Architect

New Law on Architect
Background On 8 August 2017, the government of Republic of Indonesia promulgated the Law Number 6 of 2017 on Architect (“Law 6/2017”). The implementing regulations of the Law 6/2017 must be stipulated at the latest 2 years from the promulgation of Law 6/2017. The background of the issuance of Law 6/2017 is due to the…
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Determination of Ownership Right

Determination of Ownership Right
Learning Points: The sale and purchase of buildings that are constructed on the land cannot be considered as the sale and purchase of the land, unless written clearly under the notarial deeds. The land occupation towards state land cannot be considered as holding the land with good faith, and the holder of land is not…
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