Jakarta, CNBC Indonesia- The fall of China’s giant property developers, Country Garden and Evergrande, is a negative sentiment for the world’s property business, although for Indonesia the impact is projected to be insignificant.
Regarding this condition, Senior Associate Lawyer Pradjoto & Associates, Rizaldi Pratomo Yudho said that there are a number of legal steps that consumers can take if they find a developer experiencing bankruptcy.
Consumers can file civil lawsuits up to bankruptcy filings on the basis of defaults on delays in property development.
What should customers do if they face a property developer who does not fulfill the agreement? For details, see Shinta Zahara’s dialogue with Senior Associate Lawyer Pradjoto & Associates, Rizaldi Pratomo Yudho in the Power Lunch,CNBCIndonesia (Thursday, 24/08/2023)