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Laws › Act on Report on Real Estate Transactions › CHAPTER V-2 SUPPLEMENTARY PROVISIONS

Act on Report on Real Estate Transactions — Article 25-2 (Payment of Reward for Reporting)

부동산 거래신고 등에 관한 법률 제25조의2

(1) The head of a Si/Gun/Gu may pay a monetary reward, within budgetary limits, to a person who files a report or accusation against any of the following persons with a relevant administrative or investigative agency: <Amended on Aug. 20, 2019; Aug. 18, 2020>

1. A person who files a false report on the transaction value of real estate, etc., in violation of Article 3 (1) through (4) or subparagraph 2 of Article 4;1-2. A person who files a false report under Article 3, in violation of subparagraph 4 of Article 4;1-3. A person who files a false report under Article 3-2, in violation of subparagraph 5 of Article 4;1-4. A person who files a false report on the amount of a housing lease contract, such as the deposit or rent, in violation of Article 6-2 or 6-3;

2. A person who enters into a land transaction contract without permission or permission for alteration under Article 11 (1) or a person who obtains permission for such contract by fraud or other improper means;

3. A person who uses the land acquired under permission for a land transaction contract for any purpose other than the permitted purposes, in violation of Article 17 (1).

(2) The monetary reward under paragraph (1) shall be financed by a Si/Gun/Gu.

(3) Such details as those eligible for a monetary reward, and payment criteria, method, and procedures under paragraph (1) shall be determined by Presidential Decree.[This Article Added on Dec. 2, 2016]

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