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The House Sale Purchase Agreement is a crucial legal document used in Indonesian property transactions to formalize the transfer of residential property ownership. It serves as the primary contract between buyers and sellers, incorporating requirements from Indonesian Civil Code, Basic Agrarian Law (UUPA), and related property regulations. This document is essential when conducting property transactions in Indonesia, whether for private residences, investment properties, or newly developed homes. It includes comprehensive details about the property, parties involved, payment terms, warranties, and completion procedures, while ensuring compliance with local property registration requirements and tax obligations. The agreement is typically executed before a Notary Public and requires registration with the local Land Office to effect the legal transfer of ownership.

1. Parties: Identification of the seller and buyer, including their full legal names, addresses, and ID numbers

2. Background: Context of the sale, brief description of the property, and intention of the parties to enter into the sale and purchase transaction

3. Definitions: Key terms used throughout the agreement including Property, Purchase Price, Completion Date, etc.

4. Object of Sale: Detailed description of the property including address, certificate number, land area, building area, and boundaries

5. Purchase Price: The agreed price, payment terms, method of payment, and payment schedule

6. Terms of Payment: Detailed breakdown of payment installments, deposit requirements, and final payment arrangements

7. Warranties and Representations: Seller's warranties regarding property ownership, absence of disputes, and condition of the property

8. Completion and Handover: Process and timing for completing the sale and transferring possession of the property

9. Transfer of Title: Procedures for legal transfer of ownership and registration with relevant authorities

10. Taxes and Costs: Allocation of transaction costs, taxes, and fees between parties

11. Default and Termination: Consequences of breach and circumstances allowing agreement termination

12. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction

13. Dispute Resolution: Process for resolving disputes between parties

14. Notices: How formal communications between parties should be made

15. General Provisions: Standard boilerplate clauses including amendments, entire agreement, etc.