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Abstract

‘Location’ is very important for every REAL ESTATE BUYER. They need to do the Purchase and Sale Contract to get the ownership of those properties. Buyers need to do the ‘Absolute Sale Contract’ to get the ownership immediately. If the parties are not ready to do the Absolute Sale Contract, they may do the ‘Contract to Buy or to Sell’ first. By the virtue of this Contract to Buy or to Sell, the buyer has right to enforce The Absolute Sale Contract from that specific seller to transfer the ownership in the future. The case is that the seller still has ownership and, somehow, sells the land for another buyer (third party) by an Absolute Sale Contract. The solution to such problem is the “Revocation of Registration” between the owner of the land and the third party. This will make the ownership of the land returned to the previous owner (seller) and make the party in Contract to Buy or Sell be able to enforce such contract accordingly. Another method that returns ownership to the original owner is “Revocation of Fraudulent” In the case that the registration cannot be revoked or “Revocation of Fraudulent” is not successful, the buyer in Contract to Buy or to Sell can claim compensation from the owner on the ground of Breaching of the Contract since the owner is blinding to transfer the ownership the buyer.