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Principles of Real Estate System in the Area of Transformation from the Aspect of Social Stability

  • Korea Real Estate Review
  • 2011, 21(2), pp.27-38
  • Publisher : korea real estate research institute
  • Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate

Hwang, Jeewook 1

1전북대학교

Accredited

ABSTRACT

The Unification of South and North Korea is a series of process of political, social and economic transformation, whatever the model of unification is. In this process social conflict and confusion related to ownership of real estate will be accompanied by juristical debates. Looking squarely on this kind of matter, the transformation, which can induce the social stabilization as effective as possible, is a touchstone for successful unification. Above all, in case that the original owners of the real estate begin to claim the recovery of property right, the conflict with the present users can be ignited into a serious social confrontation. This study tries to discuss principles of real estate management in the region of transformation based on the characteristics of land use. The key content of discussion is about restitution and compensation of real estate in order to mitigate the social confusion in the process of privatization and reconstruction. Conclusionally, this discussion will contribute in one hand the present users to mend their frustration and at least to secure their right of residence even after the transformation process, in the other hand the original owners of real estate to reasonably accept the recovery of property ownership based on forming the juristic consensus.

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