THE LEGAL CONSEQUENCES OF INCOMPLETE BUILDING LICENSE TO THE SALES AND PURCHASE AGREEMENT OF APARTMENTS (CASE STUDY OF MEIKARTA’S INCOMPLETE BUILDING LICENSE)

• Main Author: Sujana Donandi S
• Format: Article
• Language: Indonesian
• Published: Nurul Jadid University 2017-12-01
• Series: Profit: Jurnal Kajian Ekonomi dan Perbankan Syariah
• Online Access: https://ejournal.unuja.ac.id/index.php/profit/article/view/317

The construction of Meikarta, a place which is claimed as The New Jakarta on an Approximately 500 acres (ha) land has attracted public attention. There have been 117.797 reservation for apartments unit of Meikarta. However, the rejection from the government due to the incomplete building license of Meikarta has caused 2 main problems regarding the validity of the agreement of the apartment and its legal consequences caused by the incomplete building license. The purpose of this research are to examine the legal validity of sales and purchase agreement of apartment which its constructing license is incomplete and To determine and describe the legal consequences of it. This research will be conducted using normative legal research method. Normative Legal Research Method is a legal research conducted by examining literacy sources or secondary sources.An Agreement of an apartment like Meikarta which its building license incomplete is null and void.The status of an agreement that is null and void brings legal consequences for each parties to restore themselves to the previous position before the agreement was conducted, so that each parties should return back right of other party and vice versa.