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1. The Defendant’s KRW 40 million and the following day shall be 5% per annum from August 6, 2013 to March 11, 2015 to the Plaintiff.
Reasons
C On June 19, 2013, the Plaintiff entered into a sales contract with the Plaintiff to purchase the land and building in Seoul Jung-gu as KRW 400 million. The Defendant agreed to pay the Plaintiff KRW 40 million out of the purchase price by August 5, 2013 does not conflict between the parties.
The Defendant is obligated to pay to the Plaintiff 40 million won and the damages for delay calculated by the rate of 5% per annum as stipulated in the Civil Act from August 6, 2013 to March 11, 2015, which is the day following the agreed payment date, to the day of delivery of the instant complaint, and 20% per annum as stipulated in the Act on Special Cases concerning Expedition, etc. of Legal Proceedings from the next day to the day of full payment.