Politics · South Korea · 2 days ago

South Korea to exempt non-speculative farmland violations from forced sale

South Korea to exempt non-speculative farmland violations from forced sale

South Korea’s government plans to change how it enforces farmland rules after farmers objected to a nationwide inspection.

The inspection began in May, and about 27% of farmland was flagged as possibly being illegally leased.

Under the planned special law, inherited land, land leased out by older farmers who can no longer work it, and other land not linked to speculation would generally be spared forced-sale orders.

Farmers would have two to three years to put customary rental arrangements into written contracts, which would then be treated as legal during the contract period.

The government says clear cases of speculation, such as buying farmland to resell it or leaving it unused, would still face sale orders.

The rules matter because violations can lead to a forced sale and annual financial penalties if an order is ignored.

The government plans to introduce the bill this month and aims to complete the parliamentary process by the end of the year; lawmakers will decide the length of the transition period.

Sources

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