Consumer Protection in Property Buying and Selling: Case Study of PT Developer Properti Indoland
Abstract
Buying and selling property using pre-project selling concept is a strategy to obtain initial capital to start a property project. Pre-project selling is a strategy in which a property developer sells part of his property before the project is completed. Pre-project selling can help developers to obtain initial funding and to anticipate financial risks. The pre-project selling strategy can also help developers to increase project attractiveness and increase investor confidence. However, pre-project selling also has some disadvantages, especially for consumers, including standard clauses that force consumers to follow the provisions of the developer whose practice often contradicts both Law Number 8 of 1999 concerning Consumer Protection and Law Number 1 of 2011.
How to Cite This Article
Arif Agung Winarto, Makus Suryoutomo (2024).
Consumer Protection in Property Buying and Selling: Case Study of PT Developer Properti Indoland
. International Journal of Judicial Law (IJJL), 3(6), 10-14. DOI: https://doi.org/10.54660/IJJL.2024.3.6.10-14