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Farmland Readjustment Act

  • PostDate:2011-06-15 00:00
Article7   The metropolitan or the county (city) competent authority should announce the Farmland Readjustment Proposal proved by higher authority at local government organization for thirty days, then implement the proposal.
While more than one half of the landowners who hold more than one half lands in the readjustment area oppose the proposal during the course of the public announcement, the competent authority should mediate the oppositions and revise Farmland Readjustment Proposal. The reauthorization of the arrangements of farmland readjustment should be implemented after public announcement.

Article 31   The superficies, agricultural right or the permanent lease registered before readjustment is deemed as elimination. The superficies, agricultural right or the permanent lease obligee shall claim for equivalent compensation to the landowner.
The claim in the preceding paragraph should be exercised within two months since the readjustment redistribution confirmed.

Article 32   The servitude of real property right still exists on the original land even after readjustment. Unless the purpose has been eliminated for the readjustment, the servitude of real property is deemed as eliminated and the servitude of real property obligee shall apply the equivalent compensation to the landowner.
The servitude of real property obligee whose benefit has been reduced shall keep the servitude of real property right under the benefit ceiling.
The provision in the second paragraph is applied to the proviso in the first paragraph.