ENFORCEMENT DECREE OF THE ACT ON SPECIAL MEASURES FOR RESTORATION REGISTRATION AND PRESERVATION REGISTRATION OF LAND WITH UNRESTORED OWNERSHIP REGISTRATION IN RECOVERED AREAS

Article 1(Purpose) #

The purpose of this Decree is to provide for matters delegated by the Act on Special Measures for Restoration Registration and Preservation Registration of Land with Unrestored Ownership Registration in Recovered Areas (hereinafter referred to as the "Act") and matters necessary for the enforcement thereof.

Article 2 #

Deleted. <Dec. 31, 1988>

Article 3(Application for registration of restoration of ownership) #

(1) An application for the registration of restoration of ownership under Article 4(1) of the Act shall be made in Form 1.

(2) The document evidencing ownership under Article 4(1) of the Act shall be the applicable one among the following documents:

1. A certified copy of the land (forest land) ledger;

2. A certified copy or abstract of the real estate register, or a document evidencing registration;

3. A written judgment of a court relating to ownership.

(3) Where the applicant for the registration of restoration of ownership is an heir, he or she shall attach, in addition to the applicable document under the subparagraphs of paragraph (2), a document evidencing the fact of inheritance.

Article 4(Qualifications of guarantors) #

(1) Grounds for disqualification of a guarantor under Article 5(1) of the Act shall be as follows:

1. An incompetent or quasi-incompetent person;

2. A person declared bankrupt and not yet reinstated;

3. A person for whom 3 years have not elapsed since the execution of a sentence of imprisonment without labor or heavier punishment was completed or the non-execution of such sentence became final;