Update Property Law in Bali
Among the proposed revisions to Law No. 5/1960 is the simplification of permits into property ownership documents and land use rights. The current regulations consist of a slew of complicated permits such as Building Use Rights (Hak Guna Bangunan HGB) and Commercial Use Rights (Hak Guna Usaha HGU), Property Ownership Rights (Hak Milik) and Land Use Rights (Hak Pakai).
HGB confers the right to use a property which is not necessarily owned by the permit holder while a HGU confers the right to use a property for commercial purposes. Use Rights is the right to use a certain property for a particular period of time. It was also agreed to work on several revisions of the basic Agrarian law, such as clear recognition of traditional land rights (hak ulayat) which had been neglected for quite some time, the proper limit for land ownership, social participation and equality in sharing land possessions. The review, with a view to revising the law will also touch on sensitive subjects such as limits on property holding in real estate redevelopments, plantations, resorts, tourism sites, and industrial estates.
The Agrarian Law doesn’t state that a location permit is needed for land-related activities. The law also states that traditional land rights are protected, but in many cases these rights have been lost due to simple ignorance or manipulation by third parties.
Resource: intouchbali.com and various.
April 27th, 2009 at 1:06 am
Good for people to know.