1. The defendant shall receive KRW 700,000,000 from the plaintiff, and at the same time real estate stated in the attached Table to the plaintiff.

Basic Facts

The Defendant is the owner of the real estate listed in the attached list (hereinafter referred to as “instant land”).

On May 1, 2018, the Plaintiff concluded a sales contract with the Defendant to purchase the instant land in KRW 1.1 billion (hereinafter “instant sales contract”).

The Plaintiff agreed to pay the balance of KRW 200 million to June 29, 2018 at the time of the contract. The delivery date of the instant land was set on June 29, 2018, and the terms and conditions of the instant sales contract are as follows.

This contract is to confirm and conclude that the parties to the contract agree on the contents of the contract and have been in the same attached text.

It is a sales contract under the current facility, the certificate of registered matters, and various public charges until the balance of the contract is concluded shall be borne by the seller.

The occupation and use of C (land before land category, the ownership of the Ministry of Land, Infrastructure and Transport) and the non-fluences of D (land category, road category, approximately 23.5 square) located in the front of this land shall be transferred to purchasers simultaneously

The cadastral division (10 square meters) of the security room shall be the responsibility of the seller.

After filing an application for deliberation on urban planning by a seller, a change in the name of the buyer after passing, and this contract shall be terminated without any condition if the seller is not permitted.

(The counter-performance cost shall be borne by the buyer). 80 million won out of the down payment 200 million won shall be deposited into the buyer's account on May 2, 2018.

Matters not stated in this special agreement shall be governed by the provisions on contracts under the Civil Act and by the general practice of real estate sale.

On May 1, 2018, the Plaintiff paid the Defendant KRW 200,000,000, and KRW 80,000 on May 2, 2018, respectively, and paid the down payment totaling KRW 200,000.

On April 30, 2019, the Plaintiff paid KRW 200 million to the Defendant. The Defendant received the said KRW 200 million from the Plaintiff as the intermediate payment of the instant real estate (the intermediate payment is made on the condition that the seller deposits the total amount of the non-owned land to the Asset Management Corporation).