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1. Parties: Identification of all parties involved, including full legal names, addresses, and company registration details if applicable
2. Background: Context of the MOU, including the purpose and circumstances leading to the understanding
3. Definitions: Definitions of key terms used throughout the MOU
4. Purpose and Scope: Clear statement of the MOU's objectives and the scope of the intended property transaction or arrangement
5. Property Details: Specific details of the property including address, land certificate number, and property specifications
6. Proposed Transaction Structure: Outline of the intended arrangement regarding the property (purchase, lease, development, etc.)
7. Financial Terms: Preliminary understanding of financial aspects, including proposed pricing or payment terms
8. Timeline: Proposed timeline for due diligence, negotiations, and completion of the formal agreement
9. Confidentiality: Obligations regarding confidential information shared during negotiations
10. Non-Binding Nature: Clear statement that the MOU is non-binding except for specific clauses
11. Governing Law: Specification that Indonesian law governs the MOU
12. Duration and Termination: Period of validity and circumstances for termination of the MOU
1. Due Diligence Process: Detailed process for property investigation and verification, used when extensive due diligence is required
2. Foreign Investment Provisions: Special provisions related to foreign ownership or investment, included when foreign parties are involved
3. Development Plans: Outline of proposed property development plans, included for development projects
4. Environmental Considerations: Environmental requirements and commitments, included for properties with environmental concerns
5. Local Authority Requirements: Specific local government requirements, included when special regional regulations apply
6. Broker/Agent Arrangements: Terms regarding real estate agents or brokers, included when intermediaries are involved
7. Force Majeure: Provisions for unforeseen circumstances, included for longer-term MOUs
8. Dispute Resolution: Process for resolving disputes, included when parties want specific dispute resolution mechanisms
1. Property Description Schedule: Detailed description of the property including boundaries, specifications, and current condition
2. Land Certificate Details: Copy or details of the land certificate and ownership history
3. Financial Terms Schedule: Detailed breakdown of proposed financial terms and payment structure
4. Due Diligence Checklist: List of required documents and verifications for due diligence
5. Timeline Schedule: Detailed timeline with specific milestones and deadlines
6. Property Plans and Images: Site plans, building plans, photographs, and other visual documentation
7. Permits and Licenses: List and copies of relevant permits, licenses, and certifications
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