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Legalities

• hak milik/ freehold title

• nominee-hak milik

• leasehold

• hak pakai

• hak guna bangunan

Overview of Indonesian Land Laws and Recommended Structure

LIV Bali is developed on freehold Hak Milik land which is the highest form of land tenure in Indonesia but which may only be held by Indonesian nationals.

A foreign investor wishing to secure usage rights to a Villa and the underlying Hak Milik land in the LIV Bali development may utilize any of the following structures:

Hak Milik/ Freehold title

Nominee-Hak Milik structure for non-Indonesian buyers

Leasehold

Hak Pakai/ equivalent freehold title for non-Indonesian buyers

Hak Guna Bangunan/ Corporate ownership

LIV Bali recommends the Hak Pakai title

We are happy to refer you to a competent legal advisor who can explain all options in more detail to you.

The purchase of the land and villa of our LIV Bali project will be controlled by the following contracts and agreements between the purchaser and the developer :

1. Reservation Form
2. Master Development Agreement
3. Construction Contract
4. Management Agreement
5. LIV Bali Owners Charter

Copies of these contracts and agreements can be provided upon reservation of a LIV Bali Villa.

_{NOTICE: THE ABOVE EXPLANATION IS FOR INFORMATION PURPOSES ONLY AND IT IS RECOMMEND THAT POTENTIAL PURCHASERS SEEK INDEPENDENT LEGAL ADVICE IN INDONESIA WITH REGARD TO THE PROPOSED PURCHASE. SUBSEQUENT TO THE PURCHASE, LEGAL ADVICE SHOULD BE TAKEN IN THE HOME JURISDICTION OF THE PURCHASER WITH REGARD TO WILLS AND SUCCESSION PLANNING FOR INDONESIAN PROPERTY.}