Analysis of Legal Certainty and Protection for Investors for Investment Refunds in Commercial Property Sale and Purchase Agreements
Downloads
This study aims to analyze legal certainty and protection for investors for the return of investment funds in commercial property sale and purchase agreements, as well as examine the judges' legal considerations in Supreme Court Decision Number 5648 K/Pdt/2025. The research uses normative legal methods with legislative, conceptual, and case approaches. The source of legal materials consists of primary, secondary, and tertiary legal materials that are analyzed qualitatively. The results of the study show that legal certainty for the return of investment funds has a juridical basis in the Civil Code through the principles of pacta sunt servanda, default, compensation, and cancellation of agreements. Legal protection for investors can be provided preventively through clear agreements, examination of the legality of objects, and security of funds, and repressively through default lawsuits, refund demands, compensation, and the implementation of court decisions. Supreme Court Decision Number 5648 K/Pdt/2025 applies the principle ne bis in idem because of the similarity of subjects, objects, and subject matter with previous disputes that have permanent legal force. The application of this principle provides legal certainty and prevents repetition of cases, but has implications for the closure of investors' opportunities to refile investment refund claims. Therefore, investor prudence and strengthening regulations in the commercial property sector are needed to ensure more effective legal protection.
Andrew, A., and Rahaditya, R. "Implementasi Asas Ne Bis In Idem dalam Putusan Hakim yang Berkekuatan Hukum Tetap pada Perkara Pidana." UNES Law Review 6, no. 1 (2023): 2102–2107.
Astasari, V. A. "Perikatan Antara Pelaku Pembangunan Dan Konsumen Dalam Perjanjian Pengikatan Jual Beli Dengan Akta Otentik." Jurnal Education and Development 8, no. 3 (2020): 325–329.
Bidasari, A., Pujiningsih, D., and Bagenda, C. "Perlindungan Hukum Terhadap Pihak Lemah Dalam Perjanjian Leasing Perspektif Asas Keadilan Kontraktual." Jurnal Kolaboratif Sains 8, no. 11 (2025): 7165–7172.
Butarbutar, E. N. "Asas Ne Bis In Idem dalam Gugatan Perbuatan Melawan Hukum." Jurnal Yudisial 11, no. 1 (2018).
Fassa, Ferdinand, Asmiyanti, S., and M.K. Penyelesaian Sengketa Konstruksi Das Sollen & Das Sein. Jakarta: Podomoro University Press, 2024.
Hanim, L., Riskayanti, R., Cahyaningsih, D. T., Wahyudi, W., Firdausi, K., Herniati, H., and Nazar, J. Hukum Manajemen Investasi. CV. Edu Akademi, 2026.
Indriawati, L., and Arifah, R. N. "Konsistensi Mahkamah Agung Dalam Memastikan Kepastian Hukum Pada Kasus Wanprestasi Tanah Dan Onvoldoende Gemotiveerd." Al-Huquq: Journal of Indonesian Islamic Economic Law 5, no. 2 (2023): 130–149.
Keliat, Veni Utami. "Peran Regulasi Terkini Dalam Mengatasi Tantangan Hukum Perbankan Di Era Digital." Jurnal Darma Agung 32, no. 1 (2024): 323–331.
Kusmiati, N. I., and Ruslina, Elly. Hukum Investasi dalam Konsentrasi Ekonomi. Greenbook Publisher, 2025.
Mukhlasin, R. M., and Rahayu, S. A. P. "Perkembangan Hukum Investasi Di Indonesia: Pilar Pertumbuhan Ekonomi Nasional." YUSTISI 12, no. 3 (2025): 159–174.
Neltje, J., and Panjiyoga, I. "Nilai-Nilai Yang Tercakup Di Dalam Asas Kepastian Hukum." Innovative: Journal of Social Science Research 3, no. 5 (2023): 2034–2039.
Palsari, C. "Kajian Pengantar Ilmu Hukum: Tujuan Dan Fungsi Ilmu Hukum Sebagai Dasar Fundamental Dalam Penjatuhan Putusan Pengadilan." Jurnal Komunitas Yustisia 4, no. 3 (2021): 940–950.
Rachman, S. N., Polontoh, H. M., Harefa, J. E., Harefa, A., and Yuliana, T. "Analisis Hukum terhadap Aturan Hukum Penanaman Modal Asing dalam Mendorong Investasi di Indonesia." Jurnal Hukum Lex Generalis 6, no. 4 (2025).
Ramadhana, W. "Pengaturan Hukum Usaha Mikro Kecil dan Menengah (UMKM) Berdasarkan Keadilan Ekonomi." Maliyah: Jurnal Hukum Bisnis Islam 13, no. 2 (2023): 252–265.
Sabowo, H. K., and Saryana, S. "Tinjauan Yuridis Pembangunan Iklim Investasi yang Kondusif di Indonesia." UNES Law Review 6, no. 2 (2023): 4258–4268.
Satria, D. F., Haruni, C. W., and Esfandiari, F. "Kepastian Hukum terhadap Iuran Peserta BPJS Pasca Putusan Mahkamah Agung Nomor 7P/HUM/2020." Indonesia Law Reform Journal 1, no. 2 (2021): 153–164.
Yusuf, M. Perlindungan Konsumen Terhadap Developer Dalam Jual Beli Rumah. GUEPEDIA, 2024.
Kitab Undang-Undang Hukum Perdata (Burgerlijk Wetboek).
Undang-Undang Nomor 25 Tahun 2007 tentang Penanaman Modal.
Undang-Undang Nomor 48 Tahun 2009 tentang Kekuasaan Kehakiman.
Putusan Pengadilan Negeri Sleman Nomor 101/Pdt.G/2023/PN Smn.
Putusan Pengadilan Tinggi Yogyakarta Nomor 20/PDT/2024/PT YYK.
Putusan Mahkamah Agung Nomor 4304 K/Pdt/2025.
Putusan Mahkamah Agung Nomor 5648 K/Pdt/2025
Copyright (c) 2026 Ribel Sri Pipit Putri Zega, Muhammad Arif Prasetyo, Rodiatun Adawiyah (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with the Ekasakti Journal of law and Justice agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
