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Laws › Civil Act › SECTION 2 Acquisition of Ownership

Civil Act — Article 246 (Period for acquiring ownership of movables by possession)

민법 제246조

(1) A person who has for ten years peaceably and openly held possession of a movable with the intent to own it, shall acquire the ownership of such a movable.

(2) Where the possession under the preceding paragraph was commenced in good faith and without negligence, ownership shall be acquired after five years have elapsed.

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