Any foreigner, etc. who concludes a contract for land acquisition without obtaining permission under Article 4 (2) or who has concluded a contract for land acquisition with permission obtained by unjust means shall be punished by imprisonment for not more than two years or by a fine not exceeding twenty million won.[This Article Wholly Amended by Act No. 9186, Dec. 26, 2008]
Foreigner’s Land Acquisition Act — Article 7 (Article 7 (Penal Provisions))
외국인토지법 제7조
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool:
https://mcp.apify.com?tools=kr-data/korea-law