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Act on Report on Real Estate Transactions — Article 6 (Scrutiny of Reported Matters)

부동산 거래신고 등에 관한 법률 제6조

(1) A report-receiving authority may, where it determines that any reported matters provided for in Article 3, 3-2, or 8 are omitted or inaccurate as a result of the verification, etc. conducted under Article 5, request the reporter to supplement reported matters, require its public officials to request the parties to a transaction or the relevant practicing real estate agent to submit related materials including the contract document and a document substantiating that the transaction price has been paid, or take other necessary measures in order to verify the authenticity of the reported matters. <Amended on Aug. 20, 2019>

(2) Where reported matters are scrutinized (hereafter referred to as "scrutiny of reported matters" in this Article) under paragraph (1), the report-receiving authority shall report the result of scrutiny to the competent Special Metropolitan City Mayor, Metropolitan City Mayor, Special Self-Governing City Mayor, Do Governor, or Special Self-Governing Province Governor (hereinafter referred to as a "Mayor/Do Governor"), and the Mayor/Do Governor shall report it to the Minister of Land, Infrastructure and Transport as prescribed by Ministerial Decree of the Land, Infrastructure and Transport. <Amended on Aug. 20, 2019>

(3) If necessary to verify matters reported under Article 3, 3-2, or 8, the Minister of Land, Infrastructure and Transport may conduct scrutiny of reported matters directly or jointly with a report-receiving authority, notwithstanding paragraph (1). <Added on Aug. 20, 2019>

(4) To conduct scrutiny of reported matters under paragraphs (1) and (3), the Minister of Land, Infrastructure and Transport or a report-receiving authority may request the heads of related administrative agencies to submit materials prescribed by Presidential Decree, such as materials on national and local taxes and materials on income and property. In such cases, the heads of related administrative agencies so requested shall comply with the request, except in extenuating circumstances. <Added on Aug. 20, 2019>

(5) If any reported matters are deemed to have violated this Act, the Housing Act, the Licensed Real Estate Agents Act, the Inheritance Tax and Gift Tax Act, or any other statute as a result of scrutiny of reported matters, the Minister of Land, Infrastructure and Transport or a report-receiving authority may take necessary measures, such as filing an accusation with an investigative agency or notifying related administrative agencies of such fact. <Added on Aug. 20, 2019>

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