What is "Hak Milik" or "Freehold"?

by BidStream Bali Team • 1 MIN • 129 Words

What is "Hak Milik" or "Freehold"?
Hak Milik or Freehold is the strongest form of land title ownership in Indonesia. Only individuals of the Indonesian Nationality can own land under the Hak Milik title. Consequently, neither limited liability companies (PT/Perusahaan Terbatas) nor foreign individuals may obtain land with a Hak Milik title. Subject to zoning restrictions, the Hak Milik title owner can use the land for any purpose, although it does not entitle the owner to exploit the natural resources found on or under the land. The title has no limit and may be sold, gifted, exchanged, handed down by a will, and may also be used in the form of a mortgage.

Foreigners may, however, acquire land under a Hak Milik title in another form of entitlement called Hak Pakai or Right of use.

Hak MilikFreeholdownershiptitleforeignerHak PakaiRight of use
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