Whether the right to completion of the pre-sale has expired

The right to conclude a pre-sale is a kind of right to form a contract and has agreed upon the exercise period between the parties, if not, within such period, or within 10 years from the time when the pre-purchase was made, and the right to complete the pre-sale becomes extinct upon the lapse of the exclusion period.

2015 Mada108840 Cancellation of provisional registration

Korea

KimA

December 03, 2015

December 17, 2015

1. The defendant will implement the procedure for cancellation registration of the registration of the right to claim ownership transfer registration, which was completed on May 28, 2004 by the Seoul District Court No. 39538, regarding the real estate listed in the separate sheet to the non-party leB.

2. The costs of the lawsuit are assessed against the defendant.

The same shall apply to the order.

1. Indication of claims: It shall be as shown in attached Form; and

2. Judgment by service (Article 208 (3) 3 of the Civil Procedure Act).