It is not common for ordinary people to buy and sell real estate while living there. Therefore, what are the registration documents for real estate ownership transfer? I’m not sure about the procedure. Besides, there are many people who register themselves these days.On the day of the balance payment, the preparation of the registration documents for the transfer of property ownership and the payment of taxes are processed. But today’s topic is not taxes. I would like to inform you of the necessary documents and processes, as well as the reason why self-registration is not possible if the funds of the financial company are used on the balance day.
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In the case of sale, if the balance is paid in full before the date of receipt of the registration of preservation, the transfer registration must be completed within 60 days after the date of receipt of the registration of preservation. If it cannot be completed, a non-penal fine may be imposed.General transactions are also due within 60 days based on the balance date. However, it is customary to register the transfer of ownership on the day of receipt of the sale seal at the same time as payment of the balance. If the registration is delayed, there is a possibility that the property will be subject to the rights of the former owner, such as provisional seizure or disposition.① On the day of the balance payment, you will receive a certificate of completion of the real estate transaction contract from a certified broker. ② The documents you receive from the seller are the certificate of registration, the certificate of seal for sale, the original copy of the resident registration containing the address history, the seller’s seal, and the power of attorney for registration of ownership transfer.③ The buyer’s preparation documents are resident registration copy, sales contract, family relationship certificate, and general seal.
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Pexels, 출처 Pixabay
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After such a process is completed, visit the registry office of the competent court to complete an application for registration of ownership transfer. You can make it by referring to the real estate representation and the registration application form preparation guide. After that, I will pay the registration application fee and collect the receipt.We accept applications for registration, application fee receipts, and all prepared documents. Depending on the situation, if there are no defects, the ownership transfer registration will be completed within 2-3 days.Self-registered buyers visit the registry office or receive registered information by mail to confirm that the transfer of ownership has been properly registered. If you delegate it to a judicial scrivener, the judicial scrivener will find it and give it to you.So far, there is not much difference between the two. However, self-registration itself is virtually impossible if the funds of financial companies are used on the balance day.
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This is because financial companies should not have a registration accident due to the inexperience of the acquirers. I have already paid thousands to hundreds of millions of won to the seller. It was executed on the assumption that ownership transfer would be made to the buyer. However, any omission in the above process may result in an amendment order or even rejection. In order to prevent this from happening, most financial companies are required to delegate to a formal judicial scrivener. Please refer to it.
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