Notification Requirements When Transferring Real Estate Rights — Especially Within Designated Watch Zones
In this article, we will explain from a judicial scrivener's perspective the notification system required when transferring ownership rights of land or buildings located within "Special Watch Zones," as stipulated by the Act on the Review and Regulation of the Use of Real Estate Surrounding Important Facilities and on Remote Territorial Islands (commonly referred to as the Important Land, etc. Regulation Act), which came into effect on September 20, 2022.