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The Deed of Assignment of Property is a crucial legal instrument in Indonesian property transactions, used when transferring ownership rights of real property from one party to another. It must comply with the Indonesian Civil Code, Basic Agrarian Law (UUPA), and related regulations governing property transfers. This document is essential for various business transactions, including corporate acquisitions, asset sales, or property investments. The deed must be executed before an Indonesian notary public and requires registration with the National Land Office. It includes comprehensive details about the property, parties involved, consideration, and warranties, ensuring legal certainty in property transfers while meeting all regulatory requirements for valid property transactions in Indonesia.

1. Parties: Detailed identification of the Assignor and Assignee, including their full legal names, addresses, and national identification numbers as required under Indonesian law

2. Background: Context of the assignment, including current ownership status and reason for transfer

3. Definitions: Key terms used throughout the deed, including Property, Completion Date, and other relevant terms

4. Property Details: Comprehensive description of the property including certificate number, land area, building area, and boundaries as per official records

5. Consideration: Details of the payment or other consideration for the property transfer

6. Assignment: The operative clause transferring all rights, title, and interest in the property from Assignor to Assignee

7. Assignor's Warranties: Warranties regarding ownership, absence of encumbrances, and authority to transfer

8. Completion: Details of the completion process, including timing and requirements for transfer

9. Registration and Formalities: Requirements for registration with relevant authorities and completion of legal formalities

10. Costs and Taxes: Allocation of costs, duties, and taxes related to the transfer

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

12. Execution: Formal execution block meeting Indonesian notarial requirements