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1. The defendant shall pay 350,000,000 won to the plaintiff.
2. The costs of the lawsuit are assessed against the defendant.
3.Paragraph 1.
Reasons
1. Indication of claim;
A. On August 1, 2016, the Plaintiff leased the Seodaemun-gu Seoul Building D (Seoul) from the Defendant during the lease period of KRW 350 million and the contract period from September 28, 2016 to September 27, 2018, and paid the said lease deposit to the Defendant by October 20, 2016.
B. On August 24, 2018, the Defendant notified the Plaintiff that he/she did not intend to refuse the renewal of the lease upon expiration of the contract term.
The lease of a port is terminated upon the expiration of the term.
Therefore, the defendant is obligated to pay to the plaintiff KRW 350 million.
2. Article 208 (3) 3 of the Civil Procedure Act (Judgment by public notice) of the applicable provisions of Acts;