Preparation of security documentation for land acquisition

International Bali Law Firm provides comprehensive and legally compliant drafting of security documents for land acquisition. This service is designed to protect the interests of lenders, buyers, and sellers in land transactions, ensuring that all parties have a clear understanding of their rights and obligations. With in-depth knowledge of property law and related regulations in Indonesia, we offer tailored solutions to meet the needs of our clients.

Main Services

1. Legal Consultation and Strategy:

We provide consultation to help clients understand the various types of security documents that may be required in a land transaction, such as Mortgage, Lien, and Fiduciary. We also offer advice on the best strategies to protect financial interests in these transactions.

2. Drafting of Mortgage Rights:

Mortgage Rights are a common form of security used for land in Indonesia. We assist in the drafting and registration of Mortgage documents, which provide assurance to the lender that the land used as collateral cannot be sold without their permission. This service includes:

 Preparation of Deed of Grant of Mortgage Rights (APHT): Preparation of a document that includes all details regarding the collateral and the rights of the lender.

 Registration of Mortgage Rights at the National Land Agency (BPN): Ensuring that the Mortgage Rights are officially registered and recognized by law.

3. Preparation of Fiduciary Agreements:

For other assets that cannot be pledged through Mortgage Rights, we provide a fiduciary agreement preparation service, which includes movable goods and rights to receivables. This provides additional security for the lender and ensures that the assets are legally protected.

4. Mortgage Documents:

In situations where movable goods are used as collateral, we assist in the preparation of mortgage documents that comply with Indonesian law. This includes an explanation of the rights and obligations of both parties as well as the procedures in the event of a breach of the agreement.

5. Due Diligence of Collateral Documents:

Before drafting and signing the documents, we conduct due diligence to ensure that all assets used as collateral are free from disputes or third-party claims. This ensures that the collateral is valid and legally enforceable.

6. Negotiation and Mediation:

We also represent clients in negotiations and mediation to resolve disputes related to security documents or secured rights. This includes situations where there is disagreement about the interpretation or implementation of the security agreement.