Standard Operating Procedures for Gift Registration

A. Objectives:

In the case that the owners of land or buildings gives away land or buildings without compensation to any third parties, the third parties agree to accept the gift upon signing written contract and apply for the transfer of rights with the registration competent authority so that the transfer of rights in rem is valid.
 

B. Related Laws and Regulations:

• I. Land Act
• II. Land Tax Act
• III. Estate and Gift Tax Law
• IV. Equalization of Land Rights Act
• V. Apartment Building Regulations
• VI. Agricultural Development Act
• VII. Public Housing Act
• VIII. Deed Tax Act
• IX. Regulations for Land Registration
• X. Supplemental Regulations on Documents for Land Registration Application
   

C. ID, Documents, Tables, and Attachments Needed for Application:

• I. Registration application form
• II. Gift and ownership transfer contract
• III. Ownership certificate
• IV. ID(s) of the applicant(s)
• V. Personal seal certification of the obligator
• VI. Certificate for land value increment tax
• VII. Receipt of deed tax, certificate of tax exemption, or certificate of transfer agreement
• VIII. Certificate of gift tax payment, certificate of tax exemption, certificate of gift amount exclusion, or certificate of transfer agreement
• IX. Other needed documents regulated by the Central Land Administration