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Defendant shall be punished by a fine of KRW 1,000,000.
When the defendant does not pay the above fine, 100,000 won.
Reasons
Punishment of the crime
No one shall register any real right to real estate under the name of the title trustee according to the title trust agreement.
Nevertheless, the Defendant entered into a title trust agreement with D on May 3, 2009, and registered the Defendant’s share 3/4 and F’s share 1/4 under the name of title trustee D in the Changcheon District Court’s private registry office on June 3, 2009.
Summary of Evidence
1. Defendant's legal statement;
1. Application of Acts and subordinate statutes to entire registered matters;
1. Articles 7(1)1 and 3(1) of the former Act on the Registration of Real Estate under Actual Titleholder’s Name (amended by Act No. 10203, Mar. 31, 2010); the selection of fines for criminal facts
1. It is so decided as per Disposition on the grounds of Articles 70(1) and 69(2) of the Criminal Act or above;