Damyang-gun Accepts Objections to Individually Announced Land Prices Decision and Announcement

Operation of Objection Period from July 1 to November 30, 2022

[Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] Damyang-gun, Jeollanam-do announced that as of July 1 this year, it has determined and publicly announced the individual official land prices for 2,429 land parcels within the jurisdiction, and will accept objections from landowners and other interested parties from the 31st of this month until the 30th of next month.

The individual official land prices are calculated based on the standard land prices announced by the Ministry of Land, Infrastructure and Transport, reflecting the characteristics of individual lands, verified by appraisers, and finalized through the review of the Damyang-gun Real Estate Public Announcement Committee.

The parcels announced this time are those that experienced land movement reasons such as division, merger, or land category change from January 1 to June 30, 2022, and were finalized after a process of public inspection and submission of opinions by residents from September 1 to September 24.

Detailed individual official land prices can be checked at the Damyang-gun Civil Affairs Division, town and township offices, the county website, and the Real Estate Price Disclosure Information System. If there is an objection to the determined price, an objection form can be submitted in person or by mail.

For lands with submitted objection forms, a re-investigation will be conducted regarding price balance with nearby lands and standard lands, followed by a detailed verification by appraisers and a review by the Damyang-gun Real Estate Price Disclosure Committee. Individual notifications will be made by December 23.

A county official urged, “Since the individual official land prices are administrative basic data closely related to residents’ lives, such as the basis for calculating national tax, local tax, and various charges, please be sure to check them within the period.”

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