No. 17459
Promulgation Date 2020-06-09
Ministry of Land, Infrastructure and Transport
ALL
CHAPTER I GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
CHAPTER II APPRAISAL
Article 3 (Standards)
Article 4 (Duties)
Article 5 (Requests for Appraisal)
Article 6 (Appraisal Reports)
Article 7 (Examination of Appraisal Reports)
Article 8 (Inspection of Appropriateness of Appraisal)
Article 9 (Construction and Operation of Appraisal Information System)
CHAPTER III APPRAISERS
Section 1 Duties and Qualification
Article 10 (Duties of Appraisal Corporation, etc.)
Article 11 (Qualification)
Article 12 (Grounds for Disqualification)
Article 13 (Revocation of License)
Section 2 Examinations
Article 14 (Appraiser Examinations)
Article 15 (Partial Exemption from Examinations)
Article 16 (Sanctions against Cheaters)
Section 3 Registration
Article 17 (Registration and Renewal of Registration)
Article 18 (Refusal of Registration and Renewal of Registration)
Article 19 (Revocation of Registration)
Article 20 (Foreign Appraisers)
Section 4 Rights and Obligations
Article 21 (Report on Establishment of Offices)
Article 21-2 (Report by Employers)
Article 22 (Names of Offices)
Article 23 (Fees)
Article 24 (Clerical Workers)
Article 25 (Duty of Good Faith)
Article 26 (Confidentiality)
Article 27 (Prohibition on Lending of Names)
Article 28 (Liability for Damages)
Section 5 Appraisal Corporations
Article 29 (Establishment)
Article 30 (Dissolution)
Article 31 (Capital)
Article 32 (Revocation of Authorization)
CHAPTER IV KOREA ASSOCIATION OF PROPERTY APPRAISERS
Article 33 (Objectives and Establishment)
Article 34 (Bylaws)
Article 35 (Obligation to Join Association)
Article 36 (Code of Ethics)
Article 37 (Counsel)
Article 38 (Education and Training of Members)
CHAPTER V DISCIPLINARY ACTIONS
Article 39 (Disciplinary Actions)
Article 40 (Appraisal Management and Disciplinary Committee)
CHAPTER VI PENALTY SURCHARGES
Article 41 (Imposition of Penalty Surcharges)
Article 42 (Raising of Objections)
Article 43 (Extension of Deadline to Pay Penalty Surcharges and Installment Payments)
Article 44 (Collection of Penalty Surcharges and Disposition on Default)
CHAPTER VII SUPPLEMENTARY PROVISIONS
Article 45 (Hearings)
Article 46 (Entrustment of Duties)
Article 47 (Guidance and Supervision)
Article 48 (Legal Fiction as Public Officials in Application of Penalty Provisions)
CHAPTER VIII PENALTY PROVISIONS
Article 49 (Penalty Provisions)
Article 50 (Penalty Provisions)
Article 50-2 (Confiscation or Additional Collection)
Article 51 (Joint Penalty Provisions)
Article 52 (Administrative Fines)
ADDENDA <Act No. 13782, Jan. 19, 2016>
ADDENDA <Act No. 14091, Mar. 22, 2016>
ADDENDA <Act No. 15022, Oct. 31, 2017>
ADDENDUM <Act No. 15111, Nov. 28, 2017>
ADDENDA <Act No. 15514, Mar. 20, 2018>
ADDENDA <Act No. 16481, Aug. 20, 2019>
ADDENDA <Act No. 17219, Apr. 7, 2020>
ADDENDUM <Act No. 17453, Jun. 9, 2020>
ADDENDA <Act No. 17459, Jun. 9, 2020>