Hong Nam-ki, Deputy Prime Minister of Economy and Minister of Strategy and Finance, recently completed the sale of his own apartment in Uiwang, Gyeonggi-do.
According to a certified copy of the apartment register in Naeson-dong, Uiwang-si by Deputy Prime Minister Hong on the 4th, ownership of the apartment was completed last month.
The trading price was reported as 920 million won.
Deputy Prime Minister Hong, who acquired the Uiwang apartment in 2013, became a multi-homed apartment by receiving the right to sell in Sejong City with a special supply of public officials at the end of 2017.
In response to the surge in real estate prices last year, the government recommended high-ranking multi-household officials to dispose of all houses except for one, and Deputy Prime Minister Hong promoted the sale of Uiwang apartments in order to become one.
This is because Sejong City was designated as an overheated district, and the resale of sales rights was restricted.
Deputy Prime Minister Hong signed a contract for the sale of Uiwang apartments in August last year, but the tenant who was living in the house was in danger of a sale mishap when he announced that he would not leave the house by exercising his right to apply for contract renewal.
The revised Housing Lease Protection Act, which went into effect in July last year, allowed tenants to exercise their right to apply for contract renewal six months before the end of the contract period.
As the tenant decided to continue to reside, the landlord who purchased Hong’s apartment was unable to move in, and was in a situation where he could not receive a loan for the purchase.
This is because the government newly designated Uiwang as a speculative overheating district in last year’s 6/17 real estate countermeasures, purchasing apartments located in the area, and moving into the location within 6 months when receiving a mortgage loan.
Afterwards, the tenant changed positions again to vacate the house, and Deputy Prime Minister Hong was able to sell the Uiwang apartment as scheduled.
Deputy Prime Minister Hong is known to have paid eviction support money to tenants in the name of consolation money in the process.
/yunhap news
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