Loan (Salang Pinjam) Agreement with Profit Sharing of Agricultural Land in Toboh Gadang Village, Padang Pariaman Regency

Diana Suryani, Kurnia Warman, Jean Elvardi

Abstract


The majority of the Minangkabau people still live in their hometowns in West Sumatra Province and live in a rural atmosphere by having a main livelihood in agriculture. Loan agreement with profit sharing is an agreement that occurs in the Minangkabau customary community whose object is inheritance. This agreement has been carried out for a long time. In fact, it has become a habit until now. This agreement is carried out with the aim of meeting financial needs. The research problems of this thesis include: 1) How is the process of making and implementing loan agreements with profit sharing of agricultural land in Toboh Gadang Village, Padang Pariaman Regency, 2) How is the process of redemption or completion of loan agreements with profit sharing of agricultural land in Toboh Gadang Village, Padang Pariaman Regency, 3) How is the validity of the loan agreement based on the Agrarian Law. This research was conducted by using empirical juridical research method. The results of the research showed that the form of a loan agreement with profit sharing is made by the parties in the form of a private agreement letter.


Keywords


Agreement; Land; Profit Sharing

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References


Book

Bachtiar, Harsja W. "Negeri Taram: a Minangkabau village community." Villages in Indonesia (1967): 348-385.

Calleros, Charles. Legal method and writing. Wolters Kluwer Law & Business, 2014.

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Legislation

Constitution of the Republic of Indonesia

Civil Code

Law No. 2 of 1960 concerning Production Sharing Agreements

Agrarian Basic Law No. 5 of 1960




DOI: http://dx.doi.org/10.18415/ijmmu.v6i3.899

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