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FIND A GREAT LAND LOCATION OR A DREAM VILLA – PROPERTY
When you decide to buy a property in Indonesia, due diligence is an important step to do. In property purchasing, due diligence is referring to reasonable measures to which all individuals must adapt before entering into real estate and real estate contracts.
Due diligence helps you to evaluate the risk when you are about to buy or even plan to buy a property in Bali. Due diligence is typically executed by a legal consultant, a lawyer, or a notary, but it is important for you to read and understand the document too. This process might take a lot of time and energy, but by doing this you’ll avoid potential legal difficulties in the future.
“Due diligence latterly means the investigation or exercise of care that a reasonable business or person is normally expected to take before entering into any agreement or contract with another party or an act with a certain standard of care.”
In this article, we will discuss further the process of due diligence in buying property in Indonesia.
The information provided here is based on our long experience. The process or requirement may vary depending on the specific facts and conditions. Besides, the law and regulations in Indonesia subject to frequent changes. Please contact us as your consultant to get an up to date information and accurate advice. More Information click here and You can also follow our social media accounts to see the latest information posts. please click on the following links: Facebook, Instagram, Linkedin, and Twitter.