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Buying Tips:
BUYING PROCEDURE OF LAND
Buyer goes and visit
the Land directly.
Check the drawing of
the Land about the size of wide and the length.
Calculate the size of
the land on the certificate and the size at the site.
Check if that area is
not Green area ( checked by Griyasari Property )
Negociate the price if
the price is negociable.
Check the certificate
of the Land to the Agrarian department in the Government.
Pay the booking fee 5
%.( if the price is confirmed )
Go to the Notary, and
pay the Land.
Payment can be made by
credit two or three times depend on negociable with the owner.
Pay the Notary fee 1-
0,75 % of the total price of the Land/ Properties ( negociate
with the Notary about the fee ).
Pay the buying tax 5 %
of the land price , but we can make the price much smaller
then the real price for the tax, discuss with the Notary and
we will help you.
The certificate will be
finished in two weeks.
After the certificate
is finished, take your passport copy with this certificate to
the Agrarian department, then in two week there will be a new
certificate on two names local partner and foreigner name (
Investor ).
The procedures please
see on the procedures of private property certificate for
foreigner.
The procedures of private
property certificate for foreigner when you buy a piece of Land
or a property
You need a local
partner
Your 6 months valid
passport
- Acknowledgement of
indeptedness of your local partner, is made in the Notary with
amount of the Land price/property.
- Statement of your local
partner that says she/ he borrows amount of money to buy your
property/ land made at the Notary.
- On the certificate will
be two names, your name and local partner’s name
- The Notary will make
the right to sell of your land/property.
If you are in the market for a property, keep this in mind: The
more you know - about what to ask, how to search and who to
watch for - the better off you will end up. So arm yourself with
knowledge. We will help. Here, you will find advice on working
with a real estate agent (or not), finding your dream home and
land. It's all designed to make you a more informed property
buyer.
Here with below Bali-Properties.de
shows you how to determinde step to find right property:
1. Checking Land Law Status
-
Make
sure land purposes (eg: for resident for farming). Check the
authenticity land/building documents (Incl. certificate or
certificate granted building design approval). Do not
hesitate to check to Local Land Office (BPN).
2. To propose Right Petition
When the property as you required still don't have the right
ownership, there five kind of land state are:
-
Right
of Ownership Right to Use Building Right of Cultivation
Right of Use Right to Manage
3. Propose Removal Right
To owning the land, you can do Removal Right with:
-
Selling/Buying
Exchange Granted
4. Always make Letter of
Agreement with the landlord
Please do ownership process through Registered Public Notary and
also with two witnesses, because all document are very important.
For any further information
about property in Bali, please do not hesitate to
contact
us.
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