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1. The Defendant’s KRW 250,000,000 as well as 5% per annum from November 1, 2016 to September 18, 2017 to the Plaintiff.
Reasons
1. The basis for the request;
A. The Plaintiff is the owner of the building in Heung-gu Seoul Metropolitan City B 794.9 square meters, C 815.3 square meters, and its ground.
B. On October 4, 2016, the Plaintiff entered into a sales contract with the Defendant, stating that the Plaintiff shall sell the said real estate in KRW 3 billion to the Defendant, and the Defendant shall pay a down payment of KRW 50 million out of KRW 300 million on the date of the contract, the remainder of KRW 250 million shall be paid by October 31, 2016, and the remainder of KRW 270 million shall be paid by January 31, 2017.
C. On October 5, 2016, the Defendant paid KRW 50 million out of the down payment, which is the day following the contract, but the remainder KRW 250 million was not paid until October 31, 2016, which is the due date, and has not been paid until now.
Therefore, the defendant is obligated to pay to the plaintiff KRW 250 million and damages for delay.
2. Judgment made by the confession of applicable provisions of Acts (Articles 208 (3) 2 and 150 (3) of the Civil Procedure Act);