With the ultimate aim of optimizing the function of Preliminary Sales and Purchase Agreements (Perjanjian Pendahuluan Jual Beli– “ PPJB ”) in relation to purchases of properties, the Minister of Public Works and Public Housing (“ Minister ”) has just issued Regulation No. 11/PRT/M/2019 on Systems for Preliminary Sales and Purchase Agreements for Houses (“ Regulation 11/2019 ”). [1]
New Rules on Properties Marketing and PPJB Introduced
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