CHAPTER I GENERAL PROVISIONS
Article 1(Purpose) #
The purpose of this Act is to promote the registration of restoration of ownership for land with unrestored ownership registration within recovered areas, and to enable the registration of real estate, which is required to be registered under the Registration of Real Estate Act but for which no registration of preservation of ownership has been made or the entries in the register do not coincide with the actual legal relationship, through simplified procedures, thereby contributing to efficient land management and the protection of real estate ownership in recovered areas.
Article 2(Definitions) #
The terms used in this Act are defined as follows:
1. "Recovered areas" means the recovered districts north of 38 degrees north latitude (including areas south of 38 degrees north latitude incorporated into the administrative districts of the same districts) and the areas of Jangdan-myeon, Gunnae-myeon, Jinseo-myeon, and Jindong-myeon in Paju-gun, Gyeonggi-do;
2. "Competent authority" means the head of a Si/Gun who manages the cadastral records within the recovered areas;
3. “Land with unrestored ownership registration” means land for which, since the cadastral records were wholly or partially destroyed or lost prior to July 27, 1953, matters concerning land indication have been restored and registered in the land register or the forest land register; but matters concerning ownership have not been restored and registered.
Article 3(Scope of application) #
This Act applies to real estate in recovered areas; provided, this Act shall not apply to areas north of the Southern Boundary Demarcation Line determined under the armistice agreement commonly known as the Korean Armistice Agreement that entered into force on July 27, 1953, or to real estate for which litigation concerning the attribution of ownership is pending before a court. <Amended on Dec. 31, 1988>
CHAPTER II REGISTRATION FOR RESTORATION OF OWNERSHIP