Nominee-Hak Milik

Nominee structure

This structure consists of a series of contractual agreements between a foreigner and the Indonesian national who the foreigner nominates to hold the Hak Milik title.

This structure should consist of a Notarized loan agreement and mortgage in favor of the foreigner together with an agreement granting the foreigner secured rights to occupy the property. The mortgage will prohibit the nominee selling the property without the discharge of the mortgage by the foreigner.

Occupation rights should be granted by way of a Notarized lease to complete the structure.

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