1. The plaintiff's appeal is dismissed.

2. The costs of appeal shall be borne by the Plaintiff.

Purport of claim and appeal

Judgment of the first instance.

1. Basic facts

A. On September 1, 2008, the Plaintiff was a corporation established for the purpose of real estate sale and lease business, etc., and completed the registration of rental business on September 15, 2009 pursuant to Article 6 of the Rental Housing Act.

B. Hoho Construction Co., Ltd. (hereinafter “Shoho Lake Construction”) constructed an apartment with 1,362 households (49.95 square meters in exclusive use area, 468 square meters in exclusive use area, 59.94 square meters in exclusive use area, 894 square meters in exclusive use area) in Gwangju-si, Gwangju-si, and operated a leasing business for the above apartment from July 12, 1998. The Plaintiff, a rental business operator, on June 28, 2010, purchased 143 households among the above apartment units on June 28, 2010, 143 households among the above apartment units, 60 households on July 9, 2010, 244 households on July 28, 2010 (hereinafter “purchase apartment units of this case”), and acquired the local education tax from the owner of the building at the time of the purchase apartment units to lease it from the former Ordinance No. 310, Dec. 16, 2010>

C. On November 2010, the Plaintiff applied for approval for conversion of the instant apartment to sale in lots to the Gwangjuyang City Mayor, and the Gwangjuyang City Mayor approved the conversion to sale in lots pursuant to Article 21(1) and (4) of the former Rental Housing Act (amended by Act No. 10463, Mar. 9, 201; hereinafter the same shall apply) (amended by Act No. 10463, Jun. 10, 201; hereinafter the same shall apply) and sold 120 households out of the instant apartment purchase.

After that, on February 21, 2011, the Gwangjuyang City cancelled the registration of the Plaintiff's rental business operator pursuant to Article 15 (1) of the former Rental Housing Act on the ground that the Plaintiff violated the terms and conditions of lease stipulated in Article 20 of the former Rental Housing Act and the obligation to report terms and conditions stipulated

E. Accordingly, on March 23, 2011, the Plaintiff, in accordance with the respective provisions of Articles 120, 150-2 and 260-4 of the former Local Tax Act (wholly amended by Act No. 10221, Mar. 31, 201; hereinafter the same shall apply).