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Defendant shall be punished by a fine of KRW 4,000,000.
When the defendant does not pay the above fine, 100,000 won.
Reasons
The criminal history room (the violation of the Act on the Registration of Real Estate under Actual Titleholder's Name in the 2016 Highest 1982) shall not register real estate under the name of the title trustee according to the title trust agreement.
Nevertheless, on October 2015, B and the Defendant entered into a title trust agreement with the Defendant to complete the registration of ownership transfer with respect to approximately KRW 2,603 square meters in the name of the Defendant on the aggregate of land C, D, and E, Seocho-si, Seocho-si, and the Defendant: (a) on October 21, 2015, registered the ownership transfer for the said land under the Defendant’s name.
Accordingly, the Defendant, a title trustee, completed the registration of ownership transfer of the above real estate under his name.
Summary of Evidence
1. Defendant's legal statement;
1. Application of the relevant Acts and subordinate statutes to each real estate register, certificate (No. 44);
1. Articles 7 (2) and 3 (1) of the Act on the Registration of Real Estate under Actual Titleholder's Name concerning facts constituting an offense;
1. Articles 70 (1) and 69 (2) of the Criminal Act for the detention of a workhouse;