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Lex Patrimonium

Fiduciary Guarantee

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Legal Position Of Fiduciary Guarantee Certificate Based On Fiduciary Guarantee Deed Under Hand, Furqoniah Hayati, Akhmad Cahyono May 2023

Legal Position Of Fiduciary Guarantee Certificate Based On Fiduciary Guarantee Deed Under Hand, Furqoniah Hayati, Akhmad Cahyono

Lex Patrimonium

The provisions of Article 5 paragraph (1) of Law Number 42 of 1999 concerning Fiduciary Guarantees stipulate that a fiduciary guarantee deed must be drawn up with a notarized deed and registered. The legal consequences for deeds that are not made with a notarized deed and registered cause there is no legal certainty and protection for the parties, both finance companies as creditors and consumers as debtors. The purpose of this study is to determine the validity of fiduciary guarantees under the private deed, how a fiduciary guarantee under a private deed can be registered, as well as the executorial …