Claim for cancellation of provisional registration of claim for transfer of ownership, the exclusion period of which expires

The exclusion period of the right to the provisional registration of the right to claim a transfer of ownership is ten years from the time when the reservation is made, and the right to complete the reservation is extinguished because the period has elapsed. It is legitimate to implement the procedures for the provisional registration cancellation.

§ 404. Creditor's right of subrogation

§ 564. One-way promise for sale under the Civil Code

Seoul Southern District Court 2018Gadan224099 Provisional Registration Cancellation

Korea

AA and 3

Pleadings without Oral Proceedings

August 22, 2018

1. The Defendants, with respect to the real estate listed in the separate sheet to Nonparty BB, will implement the registration procedure for cancellation of the transfer of ownership, which was completed on April 19, 2002 by the registry office of the 00 district court and the receiptxxx.

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

Cheong-gu Office

The same shall apply to the order.

1. Indication of claims: as shown in Appendix 1.

2. Judgment without holding any pleadings (Article 208 (3) 1 of the Civil Procedure Act);