Buying & Transaction
Definition
The official property register showing ownership and any mortgages or liens.
The 등기부등본 is the certified extract from the property register. It lists the legal owner, the building/land details, and any encumbrances such as mortgages (근저당) or seizures. Anyone can pull it from the court registry (iros.go.kr).
Checking the 등기부등본 before paying a deposit or buying is essential — it reveals whether the person you are dealing with truly owns the property and how much debt is secured against it.