Slide ARS 406 W02 REAL ESTATE

REAL ESTATE DEVELOPMENT
-TEMA PENGEMBANGAN-

DESCRIPTION OF REAL ESTATE
John M. Clapp, The World Book Encyclopedia, World
Book, 1988:
Real Estate adalah tanah dan segala sesuatu yang secara
permanen melekat padanya, seperti pohon, bangunan, dan
mineral yang berada di bawah permukaan tanah.

Charles J. Jacobus, Real Estate Principles, Eleventh
Edition, 2010:
Real estate or real property is land and the improvements
made to land, and the rights to use them

OWNERSHIP OF LAND
• Ownership of land is the most important
aspect before starting real estate process
• There are two general documents to describe the
ownership of land:
- physical survey (coordinate map, permanent

monument, walls, fences)
- legal description (certificate, PPJB, AJB, SPH, survey
book)

OWNERSHIP OF LAND
COORDINATE MAP

OWNERSHIP OF LAND
PERMANENT MONUMENT