Understand everything about PPJB
Both buyers and sellers must always be careful when buying or selling real estate or land. Especially if you are a potential buyer, you need to know the origin of your property, including knowing the identity of the seller to minimize problems such as future land disputes.
One of them requires you to create a sales contract (PPJB) document and sign the first contract. This agreement must be made before the buyer and seller have agreed to trade and create a Certificate of Sale (AJB) to continue the process.
In this article, Kania describes the benefits of creating a PPJB certificate that you should be aware of before you can buy or sell real estate. For more information, see the following articles:
What is PPJB?
PPJB stands for Sale and Purchase Agreement. PPJB is a form of agreement created by potential sellers and potential buyers before making a sale or purchase of property or land.
The PPJB will act as a binding force at the beginning of the transaction and will be created in the presence of the Land Certificate Preparation Officer (PPAT) before both parties continue the process of creating a sales certificate. Both future buyers and sellers bind all parties involved, allowing you to create PPJB documents without creating a certificate. However, it is subject to the fact that the one created by PPJB meets the legal requirements of the contract stipulated in Article 1320 of the Civil Code.
Legality of PPJB Certificate Creation
The PPJB created before PPAT under Article 1868 of the Civil Code is a genuine certificate. On the other hand, Article 1879 of the Civil Code confirms that the PPJB certificate issued before PPAT has full evidence strength.
Through these provisions, potential sellers and potential buyers are required to prepare a PPJB certificate through a notary public as a protective measure to prevent disputes between the parties. Also, after the PPJB was completed, the two sides had to agree on some agreements before finally creating a trading certificate.
PPJB Certificate Object
Three objects are highlighted on the PPJB certificate. The first is the area of the building, including technical and building specifications that are purchased or sold. The next object is the location of the land according to the specification, including the lot number, and the area of land that will be notified in detail at the end.
Contents of PPJB certificate
PPJBs are created not only when trading individually, but also when purchasing a new property from a development company. Based on the 1995 Public Housing Ministerial Ordinance No. 9, the contents of the PPJB certificate include the parties who have signed the PPJB contract, the obligations that the seller must fulfill, the sale and purchase of bonds, the guarantee from the seller, the timing of delivery of the building , Building maintenance, use of PPJB rights to transfer buildings, revocation of binding, resolution of PPJB disputes.
Role of PPJB in real estate transactions
As mentioned above, PPJB is an agreement made by a prospective seller or buyer prior to trading for unsatisfied elements. If the PPJB elements are met, both parties can continue the trading process and create a trading certificate through their local PPAT office.
So what if you want to buy real estate through a third party like? Developer housing? For real estate sales that are still bound by PPJB, you can agree to transfer the rights from the seller to the buyer. This agreement replaces the seller's position in the PPJB for buying a home from a home developer, allowing the signing of a sales certificate to take place directly between the buyer and the developer.
PPJB cannot be considered evidence of land ownership. This is because the authenticity of the transfer was only given when the certificate of sale was created. However, don't forget to create this document to avoid future issues. Hopefully this article will help you.
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Source : http://i0.wp.com/www.dekoruma.com/artikel/117181/ppjb-dalam-jual-beli-properti
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