SAMPLE LETTER OF AGREEMENT SALE - BUY LAND AND

SAMPLE LETTER OF AGREEMENT SALE

SAMPLE LETTER OF AGREEMENT SALE - BUY LAND AND BUILDINGAGREEMENT 

LETTERBUY AND SELLOn this day (------------) dated [(------) (in a letter dated --- ---)] (--- --- month in letters) year [(----) (in letters --- --- year)], at the house of Mr. (------------------------ ) which is located in (full address --------- ---------), has held a purchase agreement which is marked by the signing of the Letter of agreement, between: 1. Name: ---------------------------------------------- ------Age: ------------------------------------------------ ----Occupation: ------------------------------------------------ ----Address: ------------------------------------------------ ----Number of ID card / SIM: --------------------------------------------- -------Telephone : ------------------------------------------------ ----In this case acting on behalf of self, hereinafter referred FIRST PARTY 2. Name: ---------------------------------------------- ------Age: ------------------------------------------------ ----Occupation: ------------------------------------------------ ----Address: ------------------------------------------------ ----Number of ID card / SIM: --------------------------------------------- -------Telephone : ------------------------------------------------ ----In this case acting on behalf of self, hereinafter called the SECOND PARTYFIRST PARTY SECOND PARTY has sold to the form of land and buildings located on it, with the following details:The overall area of ​​land (--------------------------------------) square metersNumber certificate of land (land certificate number ----- -----)The overall area of ​​the building: (--------------------------------------) square metersLimit the North: (--------------------------------------)The southern boundary: (--------------------------------------)Limit the West: (--------------------------------------)Limit the East: (--------------------------------------)Which is located at: (full address --------- --------- location)Both sides have agreed to hold a binding sale agreement - purchase where the terms and conditions stipulated in 11 (eleven) chapters, as follows below: article 1 SECURITY FIRST PARTYFIRST PARTY give full guarantee that the land and buildings located on it that it sells are:1. Owned legitimate own personal,2. No person or others who take ownership,3. The right of ownership is not being transferred or being secured to another person or entity in any way as well, and4. Not being in trouble or dispute, either with the family or with the FIRST PARTY other parties. Section 2 WITNESSESFIRST PARTY guarantee as stipulated in Article 1 above are corroborated by two people who signed this letter of agreement as witnesses.Both witnesses are:1. n a m a: (-------------------------------------)      Work: (-------------------------------------)      Complete address : ( ------------------------------------- )      Kinship: (-------------------------------------) FIRST PARTY 2. N a m a: (-------------------------------------)      Work: (-------------------------------------)      Complete address : ( ------------------------------------- )      Kinship: (-------------------------------------) FIRST PARTY Article 3 DURATION OF AGREEMENT1. This agreement will not end because one of the parties dies, but will still be hereditary and must be followed by heirs or assigns of each party.2. All the rights that have been transferred in this agreement is irrevocable and is an integral part of this agreement. Article 4 PRICESale and purchase of land and buildings located on it is conducted and accepted at a price of [(Rp. -------------, 00) (------ amount of money in the letter - ----)]. Article 5 PAYMENT METHODFor the payment of land and buildings located on it the SECOND PARTY apply the method of payment with the terms and conditions have also been agreed FIRST PARTY, namely by way of loans or installments. Article 6 THE AMOUNT OF ADVANCES AND installmentsThe amount of installments for as long a time as stated in article 4 above, are as follows:1. Advances or DP (Down Payment) [(------)% (amount in letters --- ---)] per cent of the agreed price in accordance with Article 3, in the amount of [(Rp. - ------------, 00) (------ ------ amount in letters)] is paid to the FIRST PARTY SECOND PARTY after the signing of this agreement.

2. The first installment of [(Rp. -------------, 00) (------ ------ amount in letters)] will be paid to the SECOND PARTY PARTY FIRST on (--- date, month, and year ---).3. The second installment amounting to [(Rp. -------------, 00) (--------- --------- amount in letters)] will be paid to the FIRST PARTY SECOND PARTY on (--- date, month, and year ---).4. Third Installment of [(Rp. -------------------, 00) (------ ------ amount in letters)] will be paid to the FIRST PARTY SECOND PARTY on (--- date, month, and year ---). Article 7 RIGHTS AND OBLIGATIONS OF THE PARTIES 1. During the payment process has not been paid, then the rights of ownership of land and buildings located on it is still the right of the FIRST PARTY. 2. FIRST PARTY is entitled to payment of a sum of money as agreed in article 5 of this agreement. 3. The SECOND PARTY has the right to use land and buildings located on it. 4. SECOND PARTY is obligated to make a payment amount of money as agreed in article 5 of this agreement. Article 8 BANS FOR BOTH PARTIES 1. During the payment process has not paid off, the FIRST PARTY is prohibited or not allowed to dispose of the land and building thereon to the THIRD PARTY with a suggested pretext or for any reason. 2. During the payment process has not paid off, then the SECOND PARTY is prohibited or not allowed to: a. Sell, in whole or in part of land and buildings located thereon to the THIRD PARTY. b. Ensure, in whole or in part of land and buildings located thereon to the THIRD PARTY. c. Call transfer my right to land and buildings located on it. Article 9 DISPUTE RESOLUTION In the event of a dispute and can not be resolved amicably or deliberation, both sides agreed to resolve the legal basis and both parties have agreed to choose a public place and stay in (------ Office of the Registrar of Courts - ----).Article 10OTHER THINGSThings that have not been listed in this agreement will be discussed and resolved amicably by way of deliberation by both parties.Article 11COVER This agreement was made on paper, signed bermaterei enough and made in 2 (two) the same legal force as well as each held by the FIRST PARTY and THE SECOND PARTY. FIRST PARTY SECOND PARTY [-------------------------] [---------------------- -] WITNESSES: [---------------------------] [-------------------- -------]