Bali Holiday Rental Private Villas | Villa Essence Luxury Villa in Seminyak - BALI

LEASEHOLD TITLE (HAK SEWA)

This method does offer full legal protection to the foreigner during the term of the lease, as this agreement and its terms will not be affected by future governmental changes In Indonesian property law. In popular tourist areas such as Seminyak where Hak Milik (freehold) titles have become increasingly rarer to find, leasehold is sometimes the only option.

A lease agreement is a contract between the owner and the buyer and gives the buyer the right to use the land or villa for a defined period. What is important to note here is that this agreement is a legally binding contract between the two parties.

This method offers full legal protection to the foreigner during the term of the lease as is executed in the presence of a registered Notary. The Notarial Deed is written in both English and Indonesian language to avoid any miss-interpretation at a future time.

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