Tips for Safe and Problem-Free Property Transactions

Buying or selling property is a major transaction involving large sums of money and complex legal documents. If you're not careful, you could end up in fraud or legal trouble later on. Here are some tips for safe property transactions to ensure the process runs smoothly:

1. Ensure Property Legality

Before making payment, ensure the property being transacted has valid documents, such as: A Freehold Certificate (SHM) or Building Use Rights (HGB). A Building Construction Permit (IMB) or Building Permit (PBG) if the property is a house or building. Proof of payment of the latest Land and Building Tax (PBB). Don't hesitate to check the certificate with the National Land Agency (BPN) to ensure its authenticity.

2. Use a Notary or Land Deed Official (PPAT)

Property transactions should be conducted through a Land Deed Official (PPAT) or an authorized notary. This is important to ensure: The Sale and Purchase Deed (AJB) is legally valid. The title transfer process is carried out according to procedure. This avoids the risk of forged or legally flawed documents.

3. Check the Seller's Identity

Many fraud cases occur because the seller is not the legal owner of the property. Ensure the seller is: The name is listed on the land/building certificate. Has a valid identity document that matches the seller's identity. If using a proxy, ensure there is a valid, stamped, original Power of Attorney.

4. Avoid Direct Cash Transactions

For security, use official payment methods such as: Bank transfer to an account in the seller's name (not a third party). Use an escrow account if necessary to hold funds until the transfer process is complete.

5. Create a Legal Agreement

Before paying in full, draft a Sales and Purchase Agreement (PPJB) before a notary, which should include: Property price and payment method. Repayment period. Rights and obligations of each party. Sanctions if either party violates these terms.

6. Don't Be Tempted by Low Prices

Property prices that are too low often indicate problems, such as: The certificate is still in dispute. The property is used as collateral for a loan. The seller is not the legal owner. It's better to pay a little more for safety than for low prices for high risks.

7. Save All Transaction Evidence

Properly store all documents related to the transaction, such as: Proof of payment transfer. A copy of the deed of sale. A down payment receipt. Relevant tax documents (BPHTB, PPh, etc.). These documents are important in case of any future legal disputes.

Property transactions must be conducted carefully, thoroughly, and in accordance with legal procedures. Don't rush into a low price, and always use a notary or PPAT (landlord official) to ensure the transaction is legally binding. That way, you can own your dream property without worrying about the future.