A. On May 27, 2018, the Plaintiffs and the Defendant determined the purchase price as KRW 690,00,000 for the Daegu-gu D land and buildings owned by the Defendant, and the down payment as KRW 19,00,000 for the remainder of KRW 19,00,000, and KRW 671,000 for the remainder of KRW 671,000 for the remainder of KRW 671,00 for the payment on October 4, 2018. The main contents of the sales contract are as follows:

(hereinafter “instant contract”). Article 5 (Cancellation of Contract) 5 (Where there is no intermediate payment (in the absence of intermediate payment), the seller shall pay the intermediate payment (in the absence of intermediate payment), and the buyer may waive the down payment and rescind the said contract.

Article 6 [Presumed Performance of Obligations and Compensation for Damages] If a seller or buyer fails to perform any of the terms and conditions of this Agreement, the other party may notify in writing the person who has defaulted, and cancel the contract.

The parties to a contract may claim respectively to the other party for damages arising from the cancellation of contract, and the contract deposit shall be deemed as the basis for compensation for damages, unless otherwise agreed.

[Matters of Special Agreement]

4. To cooperate with the buyer for the progress of construction works before the payment date of balance after concluding a contract.

5. The second floor shopping mall shall be decided to be changed to a house, and the monthly rent after the change shall be paid by the purchaser.

6. The seller shall bear the construction cost of the second floor in the amount of five thousand won and the remainder shall be borne by the buyer.

7. The provisional seizure section shall be cancelled by the seller before the remainder payment is made by the seller.

B. On the date of conclusion of the above contract, KRW 19,00,000 was remitted to the Defendant’s account.

C. On May 28, 2018, the following day of the contract, the Defendant expressed to the Plaintiffs that they want to reverse the instant contract, and the Plaintiffs E and the Defendant’s Ah F did not reach an agreement while discussing the method of rescission on June 1, 2018.

The plaintiffs filed the instant lawsuit on June 8, 2018, and the sales contract Gap.