Documents & visas

PPJB (preliminary sale agreement)

A binding preliminary contract before full transfer—often sets deposit, timeline, and conditions precedent.

PPJB (Perjanjian Pengikatan Jual Beli) is a preliminary agreement to sell/buy. It is not the same moment as final transfer at the notary, but it can carry serious penalties if either side walks away without meeting agreed conditions.

Key points to negotiate: what must be true before closing, who holds deposits, how defects in title are handled, and what happens if financing or permits slip.

See also: Knowledge base
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