Temporary 'Real Estate Special Act'... 1,750 Cases Simplified Benefits in Chungnam

[Asia Economy (Hongseong) Reporter Jeong Il-woong] Chungnam Province announced on the 5th that 1,750 cases of land and building registrations were completed over the past year through the "Special Act on the Transfer Registration of Real Estate Ownership, etc."

The Special Act on Real Estate is temporarily enforced from August 5 last year to August 4 next year. This law allows real estate, where the unregistered owner or the owner on the registry does not match the actual owner, to complete registration through a simplified procedure.

The applicable targets are real estate that was actually transferred or inherited by sale, gift, exchange, etc., before June 30, 1995, and real estate without preservation registration.

Over the past year, a total of 6,514 applications for the Special Act on Real Estate were received in Chungnam, and certificates were issued for 2,251 cases.

By city and county, Buyeo-gun had the highest number with 1,168 cases, followed by Boryeong-si with 923 cases, and Hongseong-gun with 779 cases.

Meanwhile, the Special Act on Real Estate was enforced last year for the first time in 14 years since 2006.

This content was produced with the assistance of AI translation services.