Transferring Land Certificate Titles: Definition, Costs, and Procedures
If you’ve recently purchased or inherited land, received a property, or otherwise transferred ownership, the first step is transferring the title to your land certificate. This document isn’t complicated. Here’s what you should consider before transferring the title, along with the costs and procedures.
Understanding Land Certificate Transfer
The purpose of transferring the name on a land certificate is to signify the transfer of land ownership from the previous owner to the new owner through the National Land Agency (BPN) or through a Land Deed Official (PPAT). By completing the land certificate transfer procedure, the new owner obtains full rights and authority over the land and property. This also simplifies the processing of legal documents such as Building Permits (IMB), Land and Building Tax (PBB), and other documents.
How to Transfer the Name on a Land Certificate
According to the Lampung Province ATR/BPN page, there are several stages in the land certificate transfer administrative process, including:
1. Preparing Documents
Required documents include: the original land certificate, ID cards of the previous and new owners, a sale and purchase agreement/gift deed/inheritance deed, a Taxpayer Identification Number (NPWP), proof of payment of Land and Building Tax (PBB), and a certificate of inheritance if inherited. Ensure all these documents are prepared and are complete and valid to avoid future problems.
2. Submitting to the BPN Office
Once the documents are prepared, you can bring them to the office. Visit the local Land Agency (BPN) and fill out the form. The BPN will then verify your submitted data and documents.
3. Payment of Land and Building Acquisition Tax (BPHTB)
If the land title transfer process is related to a sale or purchase, the BHTB must be paid. The amount is based on the transaction value or Taxable Object Sales Value (NJOP) of the land/property.
4. Verification Process
The BPN will examine and verify the submitted documents, a process that typically takes several weeks.
5. Issuance of a New Certificate
Once verification is complete and the BHTB payment is confirmed, the land certificate that has been transferred to the new owner will be issued and handed over to the new owner.
Land Certificate Transfer Fee
The administrative processing of this document involves several cost components, including the following:
- AJB (Sale and Purchase Deed) Issuance Fee
The AJB is a legally binding document between the seller and buyer in a land sale or purchase transaction. The AJB issuance fee is usually determined by a notary appointed by the seller and buyer. The AJB fee typically ranges between 0.5% to 1% of the transaction value, depending on the agreement between the seller and buyer.
- BPHTB (Land and Building Acquisition Fee)
BPHTB is a document levied upon the acquisition of land and/or building rights. This fee is usually borne by the land buyer. The amount of this fee is determined based on the NJOP (Taxable Object Sales Value), while the rate for BPHTB is usually 5% of the house and land price minus the NPOPTKP (Non-Taxable Object Acquisition Value).
- Land Certificate Verification Fee
This fee is charged by the National Land Agency (BPN) to verify the validity of the land certificate. Based on Government Regulation Number 128 of 2015, this fee does not exceed IDR 50,000.
- Name Transfer Fee
This fee is incurred to change the landowner’s name on the land certificate and is approximately 5% of the NJOP. This fee is usually borne by the land buyer.
You should consider these costs when purchasing a new property, including the cost of purchasing a new property. YUKARI Sawangan. If you still have questions about this name change, you can ask a notary or visit the ATR/BPN office in your area. If you’re interested in purchasing a unit at YUKARI Sawangan, you can contact us at 0823-1133-4579 (WhatsApp), visit us via Instagram DM, or visit the official YUKARI Sawangan website here.
