Claim for cancellation of provisional registration of claim for transfer of ownership, the exclusion period of which expires

The exclusion period of the right to the provisional registration of the right to claim a transfer of ownership is ten years from the time when the reservation is made, and the right to complete the reservation is extinguished because the period has elapsed. It is legitimate to implement the procedures for the provisional registration cancellation.

§ 404. Creditor's right of subrogation

§ 564. One-way promise for sale under the Civil Code

Seoul Southern District Court 2018Gadan206275 Cancellation of provisional registration

Korea

AA

Pleadings without Oral Proceedings

May 10, 2018

1. The defendant, among the 00-Gu 00 x-xx 349 m2's shares in the non-party BB, 00-Gu 00 m2

(36.584/349) On December 3, 1997, 00 District Court No. 36.3

The procedure for the cancellation of the provisional registration of the transfer right right right shall be implemented.

2. The costs of lawsuit shall be borne by the defendant.

Cheong-gu Office

The same shall apply to the order.

1. Indication of claim;

The reasons for the attached Form shall be as shown in the attached Form.

2. Applicable provisions;

Judgment without Oral Pleading (Articles 208(3)1 and 257 of the Civil Procedure Act)