Post-Nuptial agreement Indonesia
Couples happy with court ruling over property ownership in Indonesia
Dewi B. just completed the purchase procedure for a new apartment last month, in which she acquired ownership rights, something once barred from her as she is married to a foreigner.
The Indonesian native, who married an foreigner said all was well for her following the constitutional court ruling in October 2016 that allowed her, a local married to a foreigner, to own property in Indonesia. The ruling abolished an article in the 1974 Marriage Law that required a notarized prenuptial agreement between the spouses on the separation of their assets.
The court has now paved the way are married to foreign nationalities to own freehold property as they can now create an agreement on separate ownership during their marriage, or a post-nuptial agreement.
Dewi B. said “Thank god, the entire process was smooth and I acquired the right of ownership without any troubles.” http://www. balipropertylovina.com
The notary arranging the sales also knew about the new ruling and helped her with the property documents, which places her name as the owner (title holder) of her new property. She also enjoyed the same convenience when she needed to get a letter from the Religious Affairs Office (KUA) where the couple’s marriage was registered. The record of their marriage was needed to make a post-nuptial agreement for their purchase.
Finally, those who marry foreigners but retain their Indonesian citizenship receive recognition from the government terms of property ownership!