Hak Sewa Simple
d0.2 · the minimal signable lease · draft for counsel and PPAT
One page, eight clauses. The unit of account is the century index; rupiah is only the settlement currency.
Operative text
AKTA SEWA — SIMPLE FORM
1. Parties. PT CYBER VALLEY ESTATE, PT PMA, domiciled in Gesing, Banjar, Buleleng, Bali, NIB [] (the "Landowner"), and [] (the "Holder").
2. Plot. The parcel marked on the ground (patok) and described in the attached peta bidang, ±[] m², part of HGB certificate No. [].
3. Grant, term and quiet enjoyment. The Landowner leases the Plot to the Holder (hak sewa) for [___] years from signing, within the remaining term of the certificate. The Landowner warrants its right to lease the Plot and does not disturb the Holder's use while this deed stands.
4. Rent. The rent for the whole term (uang sewa) is fixed at signing as [___] units of the century index (Annex E: quantities, valuation, worked example). The index is the unit of account of this deed. Every payment is settled in rupiah at the index value on the payment date, converted at JISDOR on that date, as UU 7/2011 requires. 30% of the units are paid at signing; the balance is due within one year of signing, valued on the payment date.
5. Late balance. Units unpaid one year after signing convert to equal annual instalments over the following [5] years, each valued on its due date. If an annual instalment is not paid within 30 days of its due date, the Landowner may terminate this deed by written notice; units already paid are not refunded — they pay for the time already enjoyed.
6. Use. Lawful use consistent with the estate's published rules as at signing. No nominee arrangement (perjanjian pinjam nama); nothing in this deed simulates freehold for a foreign party.
7. Form and language. Executed as an akta before a notary / PPAT in Bahasa Indonesia and English; the Indonesian text prevails on discrepancy.
8. Law and disputes. Law of the Republic of Indonesia. Good-faith negotiation for 30 days, then arbitration under BANI rules, seat Bali, in English.
PT CYBER VALLEY ESTATE __________________ HOLDER __________________