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