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Important Things That Must Be in a Home Sale and Purchase Letter

31 August 2020
ArgabyArga
Important Things That Must Be in a Home Sale and Purchase Letter
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If you want to know more about the house sale and purchase letter, here are some important information that must be in a house sale and purchase letter that you really need to know.

1. Identity of Seller and Buyer

In this information, include all identities of the seller and the buyer of the house. Usually, the seller’s identity is written above the buyer’s identity. More specifically, it is numbered that the seller is at number one and the buyer is at number two.

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Both the seller and the buyer must clearly state the name, No. KTP, place / date of birth (or at least age), occupation and address of residence (domicile). Under the identity, the position is written, as the seller or the buyer.

2. Home data to be purchased

The next information that must be in the house sale and purchase certificate is the identity of the house as the object of sale and purchase. Complete information on the house must be included including the certificate number, complete address of the house, pictures and situation of the house, land area, area of ​​the building, the boundaries of the land / yard where the house was built.

The owner as the first party must complete the complete house information, accompanied by original evidence to identify the truth of home ownership.

3. Prices and Payment Methods

Information on prices and payment methods must also be included in the house sale and purchase certificate. In this information, three price ranges should be explained, namely the price of land for sale, the price of the house for sale, and the accumulated price of both.

The method of payment must also be clearly stated, for example in cash, in installments, or using a KPR. The agreed payment method needs to be explained in detail along with the last payment date.

If using a cash advance (down payment), it must also be written completely. The finished money sign is usually intended to be a valid sign of the sales process. Payment by cash or KPR still requires token money to bind the transaction between the two parties (the first party / seller and the second party / buyer).

4. Guarantees and Witnesses

In all property buying and selling transactions, witnesses are essential. The witness acts as the party validating and verifying information on ownership of the house to be sold.

At least the full names and signatures of two witnesses must be included. And make sure that the witness is very aware of the identity and ownership of the house being traded.

5. Ownership Handover Process

The handover of ownership is useful for explaining the timing of the process of handing over the house, certificate, and key from the first party (the seller) to the second party (the buyer). The handover process can take various forms, for example, submission after the signing of the land sale and purchase letter, or after the second party (buyer) carries out the payment task to the first party (the seller).

Tags: 2020economicHouseindonesiainteriorInvestmentlandProperty

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