Business and Real Estate in Oakland

Archive for the ‘Land Registry’ Category

In the Year 1955 by the Presidential Decree (Presidential Decree) No. 55 Year 1955 President of the Republic of Indonesia established the Ministry of Agrarian an equal with other ministries and chaired by the Minister of Agrarian Affairs. Ministry of Agrarian jobs are:
- Preparing the formation of the national agrarian legislation.
- Implement and oversee the agrarian legislation in general and to provide leadership and guidance on the implementation of it in particular.
- Undertake efforts to enhance the status and certainty of land rights for the people.

The composition consists of the Ministry of Agrarian Ministry Center, Bureau of Agrarian and Land Registration Bureau. Each department is led by Head Office, which is responsible to the Minister and shall notify all things to the Secretary-General.

Then the Ministry of Agrarian authority was reinforced by Presidential Decree No. 190 of 1957 Date of December 12, 1957 to run all the effort to improve the status and certainty of land rights through land registration, which includes the following activities:
a. Measuring, mapping and accounting of all land within the territory of the Republic of Indonesia (of course including forest areas).
b. Bookkeeping rights to land and recording the transfer of those rights.

For the foregoing based on Presidential Decree No. 190 of 1957 the Bureau of Land Registration was transferred from the Department of Justice to the Ministry of Agrarian while the duties and authorities of the Bureau of Agrarian change from the Minister of the Interior to the Ministry of Agrarian pursuant to Act No. 7 of 1958.

Land Registration

1. What is a land pindahmilik follow Kanun State Land?

ground follow Kanun State Land is land pindahmilik everywhere who have  with one instrument for Borang 14A (Reference: Section 215 Kanun Tanah Negara).

2. What is a barrier

Obstruction is obstruction Urusniaga (prohibit) the registration of any instrument urusniaga upward hakmilk “tuanpunya” where there are 5 types of obstacles urusniaga namely Kaveat registrant, Kaveat, Kaveat Lien Holder, Kaveat Amanah and Prohibition Order. (Reference: Nineteen portion Kanun Tanah Negara) .

3. What is a Power of Attorney Representative (Power Attorney)?

Vice power of attorney (PA) is a document “tuanpunya” authorized land on ubiquitous person or entity for the “tuanpunya” interpretation of Section 10 lands as Ordinan Deputy Attorney 1949 and shall be registered in the High Court. (Reference: Chapter 5 Kanun State Land).

All parties agreed the contract agreement the land owner and the tenant then becomes the basis of cooperation in the business of renting land as well as a reference when there are disputes between two parties.

In addition to the above three important, marketing factors no less important. Although most landlords are reluctant to think about the marketing aspect, because in their perception of marketing course would cost not less.

To anticipate this, landowners can find a broker who has a good track record. Using the power brokers for the landowner is not troublesome, because the cost of their services using the percentage of the profits of land lease.

Business lease land rarely lose. However, this land rental business in order to provide maximum benefit, also avoid harm to the owner of the land, there are three important things that need to be done by the landowner:

• Maintain Trust. Trust is key in any business, including land rental business. Therefore, efforts to build and maintain trust tenants is a necessity. Keeping this belief can be built by creating a transparent transaction in accordance with the conditions in the field.
• Lease Term. The average landowner leases his land for a period of not more than five years. This is normal if you see the development of land rental prices rising so fast, with the hope that in the sixth year that land rents can reach the price of four to five times even more. This should be taken into account by the ground rent businesses.
• File-File Agreement. Given the personal assets of the land is prone to conflict, then in the business of renting land, land owners must complete the land papers. In addition there are other important issues need to be made by the owner of the land that is the file to the contract agreements between landowners and tenants. File the deal includes about a deal between the landowners and tenants.

Land rental business can be done anywhere, depending on the area and its purpose. In urban areas land leases are usually intended for some businesses like to build a futsal field, while if the land is a little small but strategic place can also be rented for business parking and the installation of banner ads.

Lately, the owners of land in urban areas usually allow the parties tenant to build on its land. Of course this is discussed at the signing ceremony. Establishment of buildings on leased lands are considered beneficial in the business of renting land. Because land in the urban soil was fitting for the shops.

In rural areas, land rental business is also quite rampant. A lot of farmers who lease their land to companies for use as agricultural fields and gardens. Not even a little also from the land owners rent out their land to individuals for farming with the system for land hasil.Pemilik can enjoy a few perce

Many business options that can be utilized today, one of a fairly lucrative business today is the land lease business. Business lease land because many people choose the rental price of land every year more expensive, especially in urban areas.

In addition, land rental business was easy to do, because the main capital for doing business is just a piece of land. Of course this land rental business can only be done by people who have to inherit land. As for people who do not have land but are interested in land rental business can be done by being an intermediary.

• Property is a form of investment assets that are difficult to be disposed against the shares and stocks (the stock of liquid assets and the shares quicker and easier). If you can sell stock holdings to give instructions to the broker of real estate broker or agent may be forced to sell in a year. This is because each value represents a particular property even though it is close to popular locations. You have to wait for buyers to come and accept the offered price, the higher the property value is less qualified buyers.
• Sell the property more difficult and expensive than other investments. This is because the value depends on the possession of the property owner. In the search for value and the sale of existing debt on the property needs to be done. All this is not only time consuming but take a lot of resources, especially energy and financial resources, even if you already have a buyer who is able and willing to know to buy it.
• Freehold properties are not as asset holdings (such as commodities) to another. Although there is a freehold property (Freehold), the majority of apartments in Kuala Lumpur and Selangor is temporary possession (Leasehold). This means you are buying property to live in a certain period of not having full rights on the property.
• At a certain period of Freehold (Freehold) may have to be converted to a temporary holding (Leasehold). On the contrary, while holding the independent. As an investor you have to understand a little more possession of the property value is increasingly being eroded. Not many people know that most of the property is diminished in value due to the lack of tenure, while holding (Leasehold) them.

Before signing any deed or private contract by buying a home should check their legal position is correct.
* To this we must ensure that the seller to show your title, in the form of deed. For its part, the notary must always check the seller’s title prior to the signing of the deed of sale.
* In the Land Registry we sure that the building is inscribed with the name of the seller and is free of charge, we can check requesting a certificate of registration. In this case the notary should also check the registration status of the apartment before signing the deed.
* The Property Tax or IBI is a tax levied annually and which we can verify that it is a day at City Hall, if everything is correct the buyer will be responsible for paying each first day of the fiscal year.
* As the community shares ownership is something that we can also see that this day, although when you go to proceed to the notary is something to be verified.
* Check that the apartment is not leased, because even if you change the contract owner would still be valid for a period to be agreed aya.
* In case of a home that is built on land that is to develop urban burdens we must check that this will lead, these charges can be realized to pay the township for the work or give up some ground.

Buyer Guarantees
The most important guarantees that we must consider in buying a home are writing before a notary and property registry.

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