Do you need legal help because you are involved in the Cheonan Lawyer Counseling Real Estate Name Trust?

Nice to meet you. The head of the Prosperous Law Firm is a lawyer.

The contract that you want to rent a fixed period building, but it will be limited to the rent contract, but if you buy a building.(ii) The reason for registration, the reason for law is difficult to exercise the right to exercise the law.This means that registration is written in the legal procedure according to legal procedures.In this time, the actual rights person is another, but it is called “real estate name trust.”Such acts are often responsible for at least burden or abuse, and hide property speculation.This is not connected to the law (hereinafter referred to as a real estate property rights law) in violation of the name of the property rights registration.However, if you have several exceptional matters in the appropriate law, please consider the questionnaire through the Tiananmen counseling.Today’s sentence is to see the problem of real estate name trust, and this is not familiar with the issue.

What are the exceptions stipulated by the Real Estate Real Name Act?

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As mentioned earlier, there are some exceptional matters in this Act, and it may not be a problem if the actual owner registers in the name of another person. I will explain it in detail in the next sentence. Cases where an obligee transfers or makes provisional registration of a real right concerning real property in order to secure performance of obligations

For example, debtor A has money to pay back to creditor B, but there is no cash in hand. If it takes a long time to sell the building you have, A can transfer real estate rights and make a provisional registration to B to pay off his debts.If you prepare and submit data to prove this situation, the court can see that A’s actions were to pay off the debt. This is not a problem because it can reveal that it was not intended to conceal property or evade taxes. Cases where the location and area of real property are specified, two or more persons make an agreement to own them separately, and registration is made jointly by the unit owners

For example, my best friends C and D bought 200 tsubo of land. At this time, we signed a contract to own the registered name separately, although it should be D’s name.In this process, it is possible to confirm in the contract that the two people own separately, and it is not against the law because there is no illegal purpose. Cases where the Trust Property is registered under the Trust Act or the Capital Markets and Financial Investment Business Act

The court will not take issue with this if it clarifies that it is an asset entrusted under the relevant legal provisions.If you fall under the above three matters, the person concerned is responsible for proof, so please find data and find countermeasures through counseling by Cheonan Lawyer. However, if it does not fall under any exceptions, the real estate name trust will be punished for violating the law.

What types of disputes may arise in the future?

The provisions of the law stipulate that name trust agreements are invalid. This means that there is no change in real rights, which leads to situations where third parties cannot compete.At this time, if the charges are found, both the trustee who lent the name and the actual right holder will be fined within 30/100 of the real estate value. Depending on the situation, you may be subject to implementation fines and criminal punishment. However, it will not be invalidated if the name trustee becomes one party in the contract to acquire real rights and the other party does not know that there is an agreement.If you don’t know if your situation constitutes a legal violation, it is one of the wise ways to find out through counseling for Cheonan lawyers.

Stay with experienced helpers!

What we talked about today can cost a lot of money in the event of a legal dispute, so we need to respond quickly to reduce time and cost and restore our rights quickly.This issue often has complicated interests and requires legal review when it leads to a lawsuit. Therefore, why don’t you ask for help from a lawyer because you have accumulated know-how by covering many related cases?

I always feel responsible for providing customized legal services and getting the results my clients want.If you feel that Cheonan lawyer counseling is necessary regarding the real estate name trust, please feel free to contact us through the link below. Thank you.

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