1. The Defendant, from the Plaintiff, terminated the title trust on September 21, 2018 with respect to the automobile in the annexed register of automobile.

As to the instant motor vehicle listed in the separate sheet (hereinafter “instant motor vehicle”), the Defendant proposed to the effect that “on the ground that it is currently bad credit holder and would not subscribe to the insurance on the instant motor vehicle, if two are registered under the Plaintiff’s name, it will bear all expenses incurred in connection with the instant motor vehicle.” The fact that the Plaintiff consented and completed the ownership transfer registration under the Plaintiff’s name as to the instant motor vehicle on June 21, 2016 is without dispute between the parties. The fact that the instant complaint seeking the Plaintiff to take over the ownership transfer registration on the instant motor vehicle against the Defendant on September 21, 2018 is significant in this court.

According to the above facts of recognition, the Defendant trusted the instant automobile to the Plaintiff, and the Plaintiff expressed its intention to terminate the title trust as of September 21, 2018.

Therefore, the defendant is obligated to take over the transfer registration procedure based on the termination of the title trust as of September 21, 2018 from the plaintiff.

The plaintiff's claim shall be accepted, and it is decided as per the Disposition.