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Act relative to underwriting the right on land including objects relating to land (No. 4 of 1996).

Country/Territory
Indonesia
Document type
Legislation
Date
1996
Source
FAO, FAOLEX
Original source
Warta Cafi, No. 61 of 28 May 1996, pp. 1-12.
Subject
Land & soil
Keyword
Contract/agreement Vested rights/existing rights Land tenure Land valuation Transfer
Geographical area
Asia, Asia and the Pacific, East Asian Seas, Indian Ocean, South-Eastern Asia
Abstract

This Act regulates the underwriting of land in relation with the settlement of debts. Article 4 defines the rights on land that may be underwritten. Article 5 provides for priority of underwriting rights, the right follows the object of underwriting. Articles 10 to 19 provide for procedures of establishment, registration, transfer and abolishment of underwriting rights. Articles 20 and 21 concern the execution of an underwriting right. Article 22 concerns deletion of the right from registration in the land book. (31 articles)

Full text
English