title: Characteristics of the legal institution of co-ownership in Korea
metadata.name: dc.contributor.author
metadata.value: Myoung, Soonkoo
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2023-02-07T17:08:09Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2023-02-07T17:08:09Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2022-09
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Myoung, Soonkoo. 2022. Characteristics of the legal institution of co-ownership in Korea. Pravovedenie 66 (3): 264–276. https://doi.org/10.21638/spbu25.2022.302 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu25.2022.302
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/39033
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The present article examines the legal institution of co-ownership in the Civil Code of the Republic
  of Korea (hereinafter — CC RK), with the center of focus being on joint and collective
  ownership. Unfortunately the Civil Code was prepared rather hastily in the aftermath of more
  than three decades of colonial rule under the Japanese Empire and the Korean War of 1950–
  1953. As a result the CC RK has no lack of legislative errors and shortcomings. One of the
  more serious of these is the conflict of norms on joint ownership. Similar, if not almost identical,
  provisions on joint ownership exist in Part II (Real Rights) and Part III (Claims) of the CC RK. It is
  necessary to resolve this conflict of norms by repealing the problematic provision, i. e. Article
  704 (Partnership-ownership of Partnership Property), as well as amending provision, i. e. paragraph
  2 Article 271 (Partnership-ownership of Property), so as to have the latter conform better
  to the whole structure of the Civil Code in general. The norms on collective ownership pose no
  less of a problem for the application of the Civil Code. Although the legal concept of collective
  ownership was born and developed in German jurisprudence, the institution never made
  it into the German Civil Code. It was at the opposite side of the globe in Korea that collective ownership was recognized and stipulated in the Civil Code. However such legislation cannot
  be deemed rational. The concept of collective ownership does not reflect the characteristics of
  the Korean society and the various transactions that are conducted therein, and therefore lacks
  practicality and applicability. The sole reason for including norms of collective ownership in the
  first place was to regulate the particular co-ownership form of unregistered incorporations. It
  would have been more desirable to include the relevant provisions not in Part II (Real Rights)
  but Chapter III (Juristic Persons) of Part I (General Provisions), and recognize the grounds for
  the provisions on juristic persons to apply to unregistered incorporations, unless registration is
  deemed essential for the application of such norms. Aside from legislative recommendations
  for addressing the current problems of the Civil Code, the author of the present paper provides
  a critique of the legal thinking and doctrines on various aspects of co-ownership in Korea.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Pravovedenie;Volume 66; Issue 3
metadata.lang: -
metadata.name: dc.subject
metadata.value: co-ownership
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: joint ownership
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: collective ownership
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Civil Code
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Republic of Korea
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: unregistered incorporations
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: juristic person
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Characteristics of the legal institution of co-ownership in Korea
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 03.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/39033/1/03.pdf
resources.format: Adobe PDF
resources.size: 894,13 kB