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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 25-3 (Delegation and Entrustment of Authority)

부동산 거래신고 등에 관한 법률 제25조의3

(1) Part of the authority of the Minister of Land, Infrastructure and Transportation under this Act may be delegated to a Mayor/Do Governor or the head of a Si/Gun/Gu, as prescribed by Presidential Decree.

(2) The Minister of Land, Infrastructure and Transportation may entrust a public agency having expertise in the real estate market with the establishment and operation of a system for verifying real estate transaction prices under Article 5, scrutiny of reported matters under Article 6 (3), and the establishment and operation of a real estate information system under Article 25, as prescribed by Presidential Decree. <Amended on Aug. 20, 2019>[This Article Added on Dec. 2, 2016]

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