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Enforcement Decree of the Foreigner’s Land Acquisition Act.

Country/Territory
Korea, Republic of
Document type
Regulation
Date
1998 (2013)
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Land tenure Foreign land tenure Ownership Transfer Data collection/reporting Enforcement/compliance
Geographical area
Asia, Asia and the Pacific, East Asian Seas, Eastern Asia, North Pacific, North-West Pacific
Abstract

The purpose of this Decree is to prescribe matters delegated by the Foreigner's Land Acquisition Act and matters necessary for the enforcement thereof. The text consists of 7 articles as follows: Purpose (1) ; International Organizations Subject to Report on Land Acquisition Contracts (art. 2); Report on Land Acquisition (art. 3); Management of Report on Land Acquisition (art. 4); Permission Areas of Land Acquisition (art. 5); Land Acquisition by Means of any Cause other than Contracts (art. 6); Imposition of Fines for Negligence (art. 7).

Full text
English
Website
www.klri.re.kr

References - Legislation

Implements

Foreigner's Land Acquisition Act.

Legislation | Korea, Republic of | 1998 (2013)

Keyword: Land tenure, Foreign land tenure, Ownership, Transfer, Cultural heritage

Source: FAO, FAOLEX