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Incheon to inspect 90 real estate development firms
AI 3-line summary
- Incheon Metropolitan City is starting an inspection to confirm whether the 90 registered real estate development companies in the area meet registration requirements and compliance obligations.
- The inspection will proceed with document reviews through the end of September, followed by on-site visits for firms that need them, examining capital, executives and specialized personnel.
- If violations are found, administrative penalties such as fines, business suspension or registration cancellation may be imposed.
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Read the full article (machine translation) → Original article (Korean): 인천시, 부동산개발업체 90곳 실태점검…9월 말까지 등록기준 전수 확인
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