The association comprised of the owners of land or buildings adheres to the urban rearrangement project under a set of substantial and procedural administrative regulations. The projects are characterized by having a public interest entailing huge cos...
The association comprised of the owners of land or buildings adheres to the urban rearrangement project under a set of substantial and procedural administrative regulations. The projects are characterized by having a public interest entailing huge costs and difficulties in securing land and potential inhabitants displacement. These projects are regulated by the “Act on the maintenance and improvement of urban areas and dwelling conditions for residents” and can be devided into 6 types of projects: `Housing reconstruction projects`, `Housing redevelopment projects`, `Urban environment rearrangement projects`, `Residential environment management projects`, `Residential environment improvement projects`, `Block-unit housing rearrangement projects`. PROCEDURAL OVERVIEW: The procedure of the urban rearrangement project is composed of 5 steps: (1) `formulation of basic policies and rearrangement plans for urban and residential environment rearrangement`, (2) `Establishment of project implementer`, (3) `formulation and authorization for project implementation`, (4) `formulation and authorization of management and disposal plans` and (5) `construction, work completion and public announcement of transfer. In view of the above-stated regulation, it is evident that urban rearrangement projects for the improvement of urban environments and the elevation in quality of residential life have become mainstream in supplying residences in urban areas. Therefore, legal expert opinions, attention and participation in researching this subject is required.