Ar cle 214 The crea on, altera on, aliena on, or ex nguishment of a real right of the immovable property that is required by law to be registered becomes e ec ve at the me when it is recorded in the register of immovable property. Ar cle 215 A contract concluded by the par es on the crea on, altera on, aliena on, or ex nguishment of a real right becomes e ec ve upon its forma on, unless it is otherwise provided by law or agreed upon by the par es, and the validity of the contract is not a ected by the fact that the real right is not registered. Ar cle 216 The register of immovable property is the basis for determining the a ribu on and contents of the real rights in immovable property. The register of immovable property shall be kept by the registra on authority. Ar cle 217 The real right cer cate for immovable property is a proof of a right holder’s en tlement to the real right in the immovable property. The items recorded in the real right cer cate for immovable property shall be consistent with what are recorded in the register of immovable property; in case of inconsistency between the two, what is recorded in the register of immovable property shall prevail, unless there is evidence establishing a clear error in the register of immovable property. Ar cle 218 A right holder or an interested person may apply for retrieving and making copies of the informa on of the registered immovable property, and the registra on authority shall provide the informa on. Ar cle 219 An interested person may not disclose or illegally use the registered informa on of a right holder’s immovable property. Ar cle 220 A right holder or an interested person may apply for rec ca on of the registra on if he believes that an item is incorrectly recorded in the register of immovable property. Where the right holder as recorded in the register of immovable property agrees in wri ng to make rec ca on, or where there is evidence establishing a clear error in the register, the registra on authority shall rec fy it. Where the right holder as recorded in the register of immovable property does not agree to make rec ca on, an interested person may apply for registra on of a demurrer. Where the registra on authority registers the demurrer but the applicant fails to le a lawsuit within 15 days from the date of such a registra on, the registra on of demurrer becomes ine ec ve. Where a demurrer is improperly registered and damage is thus caused to the right holder, the right holder may request the applicant to pay damages. Ar cle 221 Where the par es enter into an agreement for the sale of a house or on any other real right in immovable property, they may apply for registra on of a priority no ce to a registra on authority in accordance with the agreement so as to ensure the realiza on of the real right in the future. Where, a er the priority no ce is registered, the immovable property is disposed of without the consent of the right holder as registered in the priority no ce, the disposi on is not e ec ve in terms of the real right. Where, a er the priority no ce is registered, no applica on for registra on of the real right of immovable property has been made within 90 days from the date on which the creditor’s claim ex nguishes or the immovable property is eligible for registra on, the registra on of the priority no ce becomes ine ec ve. Ar cle 222 A party who provides false materials upon applica on for registra on and thus causes damage to another person shall be liable for compensa on. Where damage is caused to another person due to a clerical error upon registra on, the registra on authority shall be liable for compensa on. A er having made such compensa on, the registra on authority has the right to indemni ca on against the person who has made the error. Ar cle 223 The fee for the registra on of immovable property shall be collected on a piece-by-piece basis and may not be collected in propor on to the area, size, or purchase price of the immovable property. ft ti ff ti ti ti ti ti ti ti ti ti ti ti ti ti tt ti ti fi fi ti ti ti ti ti ti ti fi ti ti ti ti ff ti ti ti ti ti ti ti ti ti ti ti ff ti ti ti ff fi ti ff ft ti ti ti ti ti ti ti ti ti ti fi ti ti ti ti ti ti fi ti ff ti ft ti ti ti ti fi ti ti ti ti ti ti ti ti ti ti ti ti 26

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