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HGB (Hak Guna Bangunan – Building Use Rights)
The right to construct and own buildings on state land, land under management rights, or land belonging to another party, for a specified period (generally up to 30 years and extendable in accordance with applicable regulations). This right does not include ownership of the underlying land, only of the buildings for the duration of the right.
This information is a general summary. The details of the rights may differ depending on the property and applicable legal provisions.
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