IMPORTANT TERMS PROPERTY

1. PROPERTY AGENT.Working under the Property Broker, duties seek listing and selling properties.
2. AJB.
Deed of sale & purchase. Deed stating a shift of property rights over an asset and legally, because the name on the certificate has been changed to the name of the buyer.
3. Annuity REST.Interest paid by the rest of the loan principal the previous month, decreased interest in accordance with the loan balance.
4. Anami.Simple apartment belonging. Her class is between rusunami with apartments / condominiums.
5. COLLATERAL (collateral).Guarantees given customer (debtor) to the bank in order to get credit or financing.
6. ANCHOR TENANT.The main tenant or tenant space with a large scale in a commercial property projects such as shopping malls, which can attract visitors to come.
7. CASH FLOWS (Cash Flow).The flow of funds shows the source and use of funds.
8. BACKLOG.The gap between the number of the houses are built with the number of people needed homes.
8a. BEPERTARUMHousing Savings Advisory Board.
9. BBN.Transfer duties.
10. BPHTB.Tax on Acquisition of Land and Buildings.
11. BPN.National Land Agency.
12. BOOMING PROPERTY.Condition when a high increase in property investment activity.
13. BROKER.Agencies have their own property and employ the property agent.
14. BUYER / Investor.Buyers property, can be used alone or for investment (investors).
15. CAPITAL GAIN.Gains from the sale of the property, compared to the price when buying.
16. CASH BACK.Get more funds from the submission of the credit limit, or the funding of promotional marketing pieces developer (usually only available in the Primary Market).
17. CLUSTER.Grouping several houses in a residential complex, usually with a particular architectural character created exclusively with one gate system.
18. CO-BROKING.Home sales cooperation between two or more agents.
19. COST AND FEE.The system imposed contractor for the construction / project based on the results (usually 10% - 15%), where prices of materials, design, and labor, to follow or can change during the project unfinished. Typically these systems harm the owner or developer, because if the contractor mischievous, then progress will be overextended, so the budget swelled and course fee for the contractor also enlarged.
20. EARLYBIRD.Buying a new property is currently marketed developers. Usually developers offer special rates with a number of conveniences and discounts.
21. ESCROW.Agency neutral intermediary between the seller and the buyer. Usually to leave a deposit / deposit, signature of the SPA and to handover AJB. In Indonesia Escrow tasks delegated to the Notary.
22. FASUM.
Public facilities.
22a. FASOS.
Social facilities.
22b. FLPP.
Housing Finance Liquidity Facility.
23. GSB.Line Border Building, is a line that should not be exceeded in constructing the building to the GSJ (minimum distance between buildings to the road).
24. GSJ.Line Border Street, or the line of the road plan set out in the plan of the city.
25. GIRIK / letter C.The certificate of ownership of the land / building of camat or headman.
26. GROUNBREAKING.Excavation of building foundations, as the start of a phase of the project properties.
27. HGB.Building rights.
28. HGU.Cultivation Rights.
29. HPL.Land Management rights.
30. IMB.Building permit.Given to individuals or legal entities to carry out property development activities.
31. IPB.The applicability of the building permit.Permission granted to individuals or legal entities after the property was completed in accordance IMB and meets the requirements of building equipment function.
32. INDENT.
Purchase with advance reservations. Primary common in the market. You pay a deposit (20-30% of the sales price - depending developer) and the developer will start the build in the time period specified.
33. KOPEL.
Rows of two or more homes where its boundary wall merges / coincide. Commonly used in middle to lower housing.
34. KPR.
Housing Loan. Alternative home purchases other than cash or cash gradually.
35. KANTO.
office store
36. KMB
Feasibility of Using Building. Permission granted to individuals or legal entities after it expires IPB (5 years for non-residential buildings and 10 years for residential buildings) on the fulfillment of the eligibility requirements for the functioning of the building..37. KPA.
Apartment Ownership Loan. Alternative phased purchase of apartments in addition to cash or cash
38. KDB.
Basic Building Coefficient is the ratio of number of ground floor area of ​​the land area perpetakan in accordance with the plan of the city.
39. KLB.
Building Floor coefficient is the ratio number the entire floor area to land area perpetakan in accordance with the plan of the city.

40. LTV.
Loan to Value. The ratio between the value of loans against collateral at the beginning of the loan.
41. MASTERPLAN.
Large-scale development areas (Major area development) by one or more developers, usually for the development of satellite cities (example: Bintaro, BSD etc).
42. MIXED -USED DEVELOPMENT.
Property projects where there are some functions, such as residential, commercial and office buildings.
43. NJOP.
Taxable value is the value defined by the state as a tax base for the United Nations. SVTO often assumed to be the lowest price on the property. Usually the property is sold at a price of 1.5 to two times the price NJOP.
44. Notary / PPAT (Land Deed Officer).
Officials authorized as a mediator and land deed (to be submitted to BPN).
45. PPh.
Earned income tax.
45a. PBB.
Property tax.
45b. PPAT.
Land Deed Officer
45c. PPJB.
The binding Sale and Purchase Agreement, the sale and purchase agreement between the seller and buyer which is still limited to any agreement and there is no transfer of ownership rights of land / house legally. Thus, the certificate is still on behalf of the seller, up to the agreed clauses are met. PPJB usually done so as not to be purchased by another party.
45d. PPN.
Value-added tax.
46. RAB.
Draft / Budget Plan, which is a summary of estimates of expenditures and revenues in the execution of a project property. Through this RAB could be determined among other things the price is reasonable, the investment package, expected profits, the duration of the work, and others.

47. Ruko
Shophouse
Rukan
Home Office
Rusunami
Flats Simple Owned.
Rusunawa
Simple Rental Flats.
48. READY STOCK.
The property is sold in the state have been built.
49. HANDOVER.
Developer proper time to give the keys and certificates to the buyer.
50. SITE PLAN (site plan).
Overview / roadmap details a parcel of land or a building, with all the supporting elements, such as roads, water, electricity, sewerage, public facilities and social amenities.
51. SUNRISE PROPERTY.
Developing new properties and stable increase in value. If referring to the location, then sunrise property is located in a new and evolving, new and stable region, and a new modern area of ​​rehabilitated.
52. ​​SUNSET PROPERTY.
The property is old, declining quality and the ugly. Properties with such characteristics is not good economically.
53. SUPERBLOCK.
Regions that are used to integrate various functions in the region, such as office facilities, commercial, residential, recreational, and others. With a variety of functions and activities of the superblock area is referred to as an independent city (self-contained city). When viewed from a location that is in the city, also called the superblock city within a city (city within a city).
54. STRATA TITLE.
Right to joint ownership of a building complex consisting of exclusive rights over personal space and collective rights over public space. That is, in a private room (apartments), the owner is not bound to the rules. While in the public sphere, he tied the rules, because all the public spaces penghuni.Biasanya such rights are owned by the owner of the apartment.
55. SBDK
Lending Rate
56. SIUP.
Business license.
57. SHGB.
Certificate Broking.
58. SHM
Freehold Title.
59. SIPPT
Designation of Land Use Permit, the permission of the governor to use land for building to the ownership of land area of ​​5000 m2 or more.60. SMF
Secondary Mortgage Facility.

61. SOHO
Small Office, Home Office or dwelling that is also used as an office.
62. SPPT.
Notice of Tax Due.
63. SPOP
Notice of taxable income.
64. TDP
Certificate of Company Registration. Perusaahaan given to the government department that has been approved for registration.
65. TENOR.
The term of installment loans, such as five years, ten years, and so on.Well, so terms in the world of property that might be useful for you. Increase your knowledge about the world of property and make you a smart shopper.

66. UUPA
Agricultural Basic Law