Gwangju High Court-2015Nu-5824 ( October 07, 2016)

(Trial Disorder) The agreement on the land which was concluded for sale is terminated, but it shall not be deemed as having been owned, and it shall not be deemed as assets excluded from unregistered transfer assets.

(The main point of the judgment below) The land within the land transaction permission zone was canceled after the purchase contract was terminated, but the purchase price was paid in full and was actually owned by establishing a mortgage creation registration of neighboring land. The land compensation was received in full, thus unregistered transfer.

All appeals are dismissed.

The costs of appeal are assessed against the plaintiffs.

The Appellants’ grounds of appeal on the grounds of appeal are examined as well as the records of this case.

The argument about the appeal procedure does not include the reasons prescribed in the subparagraphs of Article 4(1) of the Act on Special Cases concerning the Procedure of Appeal.

Since it is deemed that there is no reason or reason, all appeals are dismissed pursuant to Article 5 of the same Act.

It is so decided as per Disposition by the assent of all participating Justices on the bench.