Act on Report on Real Estate Transactions — Article 19 (Investigations into Trends of Land Prices)

The Minister of Land, Infrastructure and Transport or a Mayor/Do Governor shall investigate the trends of land prices and the status of land transactions, as prescribed by Presidential Decree, in order to gather data necessary to implement the land transaction permission system or to execute other land policies, and may request related administrative agencies and other necessary institutions to submit the data required therefor. In such cases, any institution requested to submit the data shall comply therewith except in extenuating circumstances.