INKRAH Law · UU Hak Tanggungan · Undang-Undang No. 4 Tahun 1996

Article 1 — Definition of Mortgage

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Bahasa Indonesia

(1) Hak Tanggungan atas tanah beserta benda-benda yang berkaitan dengan tanah adalah hak jaminan yang dibebankan pada hak atas tanah sebagaimana dimaksud dalam Undang-Undang Pokok Agraria, untuk pelunasan utang tertentu, yang memberikan kedudukan yang diutamakan kepada kreditor tertentu terhadap kreditor-kreditor lain.

English (British)

(1) A mortgage (hak tanggungan) over land and objects connected with the land is a security right charged on land rights as referred to in the Basic Agrarian Law, for the repayment of a certain debt, giving a particular creditor a preferential position over other creditors.