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