1. Of the judgment of the court of first instance, the part against the defendant exceeding the following amount ordered to be paid shall be revoked.

Basic Facts

The plaintiffs in the sales contract are the contractors of the construction project of the Il-dong-gu B apartment (hereinafter referred to as the apartment of this case) in Goyang-si.

On April 10, 2008, the Plaintiffs (suppliers, project executors, construction contractors, and hereinafter referred to as “building in bulk”) concluded a sales contract with the Defendant (sellers) on the purchase price of the instant apartment at KRW 560,100,00 (hereinafter referred to as “instant 601”) with regard to the instant apartment at KRW 304,60,00.

The method of paying the price for the instant sales contract is as follows:

The sales contract of this case includes the following contents as of December 22, 208, when the first contract for the down payment (unit: 10,000 second contract for the down payment) down payment, on April 30, 208, the first contract for the intermediate payment of 18,005, April 30, 2008; 56,010 second, May 20, 2008; 56,010 second, July 21, 2008; 56,010 fourth, July 20, 2009; 56,010 (56, 0106, May 20, 2010; 196, 035, 196, 560, 196, 190, and 1010, when moving into the first contract:

Article 1 (General Provisions) (3) Scheduled date of occupancy: October 2010 (a somewhat change may be made according to the process, and in such cases, a subsequent individual notice shall be made) 5

1. The defendant shall pay any balance of the above supply price not later than the expiration date of the occupancy designation period notified by the plaintiff and the Musan Construction.

Article 2 (Cancellation, etc. of Contracts) (1) When a defendant commits any of the following acts, the contract for construction of the plaintiffs and walls may be rescinded by notification of cancellation if the contract is not performed after giving a fixed period of time:

(Provided, That in the case of subparagraph 1, it is not necessary to issue an additional demand notice). 1. Where the part payment has not been made on more than two consecutive occasions and a peremptory notice has been given for a grace period of 14 days or more.

2. Where the balance fails to be paid within three months from the expiration date of the designation period for occupancy.

3. The Defendant violated an agreement with a financial institution after receiving a loan from the financial institution as a joint and several surety of the Plaintiffs and the Musan Construction.