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Legislation

Land Code defines the basic directions of State regulatory system improvement concerning land relations, development of various organizational and legal forms of land economy, fertility of land, improvement of land use efficiency, protection and improvement of the environment – favourable for…

Regulations

The purpose of these Provisions is to regulate the assignment of state-owned construction land use right, optimize the allocation of land resources and establishing an impartial land use system.The Provisions lay down procedures for carrying out bid invitations, auctions or quotations for state-…

Regulations

In the paragraph one the wording “within the boundaries” shall be substituted with the wording “represented in the outline №____on the land tenure map of the current year”. The wording “location map of the land share” shall be cancelled.
Amends: Resolution concerning measures for the…

Legislation

The taxpayers for land are the landowners, the permanent of temporary users of State land. The taxes for rented land provided for use is charged from the tenant. The taxable object of agricultural land is the net income from the land defined by an evaluation carried out by the land cadastre. The…

Legislation

The purpose of this Act is to prescribe rules for land acquisition by foreigners within the territory of the Republic of Korea. “Foreigner” is defined in article 2. As far as corporations are concerned, substantially at least of the corporation shall be foreign so as to qualify as foreigner.…

Legislation

The purpose of this Act is to prevent potential danger and injury to public health and the environment due to the pollution of water and to properly manage and preserve the quality of public waters, i.e. rivers, lakes, marshes, harbors, ports, coastal areas and other waters used for public…

Regulations

This Decree provides for the determination of land prices, assorted-land price brackets and valuation of specific land categories. It shall be used as a basis for calculating land use levies and determining land use right values as from articles 33, 34, 35, 40 and 50 of the Land Law No. 13/2003/…

Legislation

The scope of this Law shall be to introduce crop rotation on agricultural land, including combined, intermediate and recurrent sowing for the purpose of raising production of agricultural commodities. Expropriation of agricultural land for non-agricultural purposes shall be authorized in…

Legislation

This Act aims at promoting land measures for creating normal supply and demand relationships and reasonable land prices, and at securing proper land use.The State and local public entities shall formulate Land Use Plans in order to ensure an intensive use of land, to control land transactions,…

Legislation

The purpose of this Law shall be to regulate relations in the sphere of setting up and functioning of condominiums as voluntary associations of citizens multi-family dwelling located of the plot of land pertaining to common property. State support of condominiums shall be exercised in the form…

This Circular prescribes the methods for the determination of land prices and assorted-land price brackets. It describes the direct comparison method and the income-based method. The Circular determines specific land prices in localities classified as delta communes, midland communes and…

Regulations

The Decree consists of 51 articles divided into 7 Chapters. It provides for the compensation, support and resettlement when land is recovered by the State for defence and security purposes, for national interests, public interests and economic development purposes. The Decree provides for…