Tag: Korean Gifts

The Constitutional Court of Korea ruled that a provision in the Korean Civil Code prohibiting the revocation of a gift of property already transferred, even if a child abandons their duty to support their parents, does not violate the Korean Constitution. The Court also ruled that the provision prohibiting the revocation of a gift after it has been executed on the grounds that the contract was not in writing or that the donor’s financial condition has deteriorated is constitutional. The case stems from a constitutional complaint filed

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