Politics · South Korea · 17 hrs ago

South Korean real estate agents oppose higher property registry fees

South Korean real estate agents oppose higher property registry fees

South Korea’s judiciary plans to raise fees for viewing and issuing property registry records.

These records provide information about property and are used in real estate transactions.

The Korea Association of Realtors opposes the increase and is urging that viewing and issuing the records be free.

On November 6, six association officials visited the Supreme Court’s National Court Administration to submit a petition.

They also delivered a joint statement signed by about 24,000 association members and members of the public.

The association says the planned increase should not go ahead, but no decision on the proposal is given.

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