Abstract

The timing of real estate transaction reporting is a critical factor in enhancing the transparency and stability of transactions. Currently, the reporting period for real estate transactions is kept short, within 30 days from the contract date, with the aim of providing quick information on real estate prices and reducing the distortion of prices. However, this policy has side effects due to false transactions and price issues.
 False transactions refer to trading houses or real estate at prices significantly different from their actual value. False transactions can affect phenomena such as real estate speculation and price agitation, making it difficult to grasp the actual market prices, and allowing some speculators to take unfair advantage of the price confusion caused by false transactions.
 Options for adjusting the timing of real estate transaction reports include reporting based on the final payment date or the registration date. Reporting based on the final payment date can prevent false transactions as it is reported after the transaction is completed, and reporting based on the registration date can prevent false transactions as it is reported after the transaction is legally completed.
 Adjusting the period for reporting real estate transactions is an effective solution to resolve issues of false transactions and pricing problems, and to enhance the stability of real estate transactions. Therefore, the government should actively review and implement adjustments to the reporting period for real estate transactions.

Full Text
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