Wish to Purchase a Home, What Does PPJB & AJB Imply? My Cash – 5 hours in the past

Jakarta, CNBC Indonesia – With regards to shopping for and promoting homes or property property, there will likely be phrases that will sound overseas to your ears. Name it a Binding Sale and Buy Settlement (PPJB) and a Sale and Buy Deed (AJB).

Not occasionally, these two phrases sound complicated. Nonetheless, in case you actually have the intention to purchase this asset, you could perceive it effectively upfront.

In actual fact, each PPJB and AJB are vital paperwork. What’s the distinction between these paperwork? The next is the reason.


Reporting from the rumah.com web site, PPJB or higher referred to as a property sale and buy settlement is made when the worth fee has not been paid in full. The contents of the PPJB itself are the worth, when it’s due for reimbursement, and the situations for making the AJB.

Clearly, the certificates remains to be within the vendor’s identify till all clauses are met.

In essence, the aim of the PPJB is after all as a short lived binder in order that property property aren’t offered to different events, till lastly a transaction happens and an AJB is made earlier than the Land Deed Making Officer (PPAT).


AJB is proof of a property asset transaction, AJB is issued by the PPAT (Land Deed Making Official), not by the Nationwide Land Company (BPN). When somebody pockets AJB, then he has bought property property from one celebration in full.

AJB itself is helpful once you course of a switch letter from the outdated proprietor of the property.

Having an AJB doesn’t imply you’re the authorized proprietor of the property

AJB isn’t authorized proof of land possession as a result of it is just a doc that proves the switch of rights to land and buildings.

Based mostly on Regulation quantity 5 of 1960 regarding Agrarian Rules, there isn’t a certificates of proof of land/property possession within the type of AJB. The recognized ones are SHM (Certificates of Possession Rights), SHGB (Certificates of Constructing Use Rights), SHGU (Certificates of Enterprise Use Rights), or SHSRS (Condominium Unit Rights Certificates).

SHM is the very best possession and has the strongest rights. SHGB and SHGU have a time restrict, as a result of their standing is like ‘rented.

[Gambas:Video CNBC]

Subsequent Article

Backed Home Costs Rise, Is It Higher to Purchase or Not?