Suwon Criminal Attorney | Defending a Client for Violation of the Real Estate Real Name Act and Avoiding a Custodial Sentence

The client who sought the Suwon criminal attorney requested assistance, explaining that he had violated the Real Estate Real Name Act.

The client worked in delivery, and through a friend's introduction, he met a Mr. A who said he ran a construction business.

Mr. A proposed to the client that he would pay 10 million won if the client lent his name.

Short on living expenses, the client agreed and provided his registered seal, a copy of his resident registration, and other documents.

Mr. A also asked him to take out a bank loan, and the client took the documents Mr. A gave him and signed them.

As it turned out, however, Mr. A intended to deceive the bank with a forged contract and defraud it of the loan.

The client explained that he had sought the Suwon criminal attorney because he had been investigated and indicted for violating the Act on the Registration of Real Estate under Actual Titleholder's Name and was now facing trial in this case.

The client explained that he had been placed at risk of a custodial sentence for violating the Act on the Registration of Real Estate under Actual Titleholder's Name.

The Act on the Registration of Real Estate under Actual Titleholder's Name is sometimes abbreviated as the Real Estate Real Name Act.

The Real Estate Real Name Act is a law that requires ownership, real rights, and the like concerning real estate to be registered in the name of the actual rightholder.

It was enacted because failing to register in the name of the actual rightholder creates a high likelihood of speculation, tax evasion, and law-evading conduct.

The Suwon criminal attorney mounted the following defense to avoid a custodial sentence for the client.

After hearing the Suwon criminal attorney, the court issued a judgment of a suspended sentence in the client's case.

The client had been expected to receive a custodial sentence for violating the Real Estate Real Name Act, but because the Suwon criminal attorney actively mounted a defense, it was possible to avoid a custodial sentence.

In this case, the client could have served a prison sentence for a single misjudgment made for the sake of his livelihood.

Violations of the Real Estate Real Name Act can cause significant disruption to the real estate market, so they are punished severely.

If you face the risk of a custodial sentence for violating the Real Estate Real Name Act, please request a consultation by obtaining a 🔗attorney referral right away.