2-2 · Prior opinions & explanations

Opinion Submission for Real Estate Transaction Report Fines

Under Article 3 of the Act on Report on Real Estate Transactions, transactions such as sales must be reported to the city, county or district where the property is located within 30 days of signing the contract, and late or false reports are subject to a fine for negligence under Article 28 of the same Act. If a rental business operator transfers a rental home during the mandatory rental period without a justifiable reason, a fine of up to 30,000,000 won applies under Article 67 of the Special Act on Private Rental Housing. Fines are preceded by prior notice and an opportunity to submit opinions, and the agency sets the amount within the imposition standards, so what you submit at the explanatory material request and opinion submission stages determines the outcome. Paying voluntarily within the opinion submission deadline reduces the fine by up to 20/100, and after imposition you may file a written objection within 60 days.

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#Opinion Submission for Real Estate Transaction Report Fines#Official check#2-2
🌐 Administrative Fines for Real Estate Transaction Reports: Written Opinion and Reduction
01

Procedure

Procedure

Procedure type
  • Appeal Difficulty High

    Submitting an opinion, objection or administrative appeal against a disposition or decision already made, or applying for damage relief or dispute mediation. The reviewing body decides after examining the facts and the law, so preparing supporting evidence is important.

  1. 01

    Respond to requests for explanatory materials: If there are doubts about the report, a detailed investigation is followed by a request to submit explanatory materials. Materials submitted at this stage form the basis for the fine decision, and false or inaccurate materials can be subject to a separate fine, so submit them truthfully with contracts and remittance records.

  2. 02

    Check the opinion submission deadline in the prior notice: When you receive a prior notice of a fine, check the violation, planned amount and opinion submission deadline. Opinions are in principle submitted once within the deadline set in the notice, so organize the circumstances and reduction grounds together with evidence at one time.

  3. 03

    Organize evidence for reduction grounds: Attach documents showing that the late report or error occurred without intent or negligence, that it was promptly corrected, that there are financial difficulties, or that there was a justifiable reason for transferring the rental home. If you reported the violation first, also consider the self-report reduction.

  4. 04

    Prepare and submit the opinion statement: Submit an opinion statement containing the circumstances, reduction grounds and a list of evidence to the reporting authority within the deadline. Rental business operators also organize materials on how the transfer occurred and measures taken to protect tenants.

  5. 05

    Choose between voluntary payment and objection: Paying voluntarily within the opinion submission deadline reduces the fine by up to 20/100. If you file a written objection within 60 days of receiving the notice of imposition, the case moves to a court fine trial and the voluntary payment reduction does not apply, so weigh the benefit first.

02

Filing route

Filing route

City, county or district office with jurisdiction over the property (reporting authority)

Confirm the current filing office, jurisdiction, and online availability on the official website.

Official check
Actual processing agencyCompetent Korean authority or official service
Statutory and policy authorityMinistry of Land, Infrastructure and Transport
Online routeCompetent Korean authority or official service
03

Deadlines & processing notes

Deadlines & processing notes

Check deadlines and next steps against the notice, filing date, and any request for additional documents.Official check
04

Basic documents

Basic documents

Basic documents0 / 6

Submitting inaccurate materials at the explanatory material stage can itself lead to an additional fine, and opinions are in principle submitted once within the deadline, so attach all materials matching the contracts and remittance records the first time you submit.

Scope of services

Scope of services

Hwang Yunsang Administrative Agent Office prepares and translates documents for administrative agencies, submits them on your behalf, and guides you through permit, application, and notification procedures. Services that require the principal’s personal appearance, principal’s application, or electronic signature may be limited in delegation.