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Supreme Court Rejects Ownership Claim for Property in N. Korea Updated: 2011-03-22 00:00:00 KST

The Supreme Court decided Tuesday that South Korean nationals are not eligible to claim ownership of property in North Korea.
A 56-year-old man surnamed Yoo filed a lawsuit, claiming ownership of six lots in the Yeoncheon district of Gyeonggi Province, which is in North Korea, and demanded the court change the land registration back to his name, based on a deed in his ancestor's name from the early 1900s.
Two lower courts had previously acknowledged the deed and ruled partially in favor of the plaintiff.
But the Supreme Court annulled the decision, saying it is impossible to verify the ownership of the land, since the original land registration was destroyed in the Korean War, restored in 1980 and then discarded in 1991 because the land is north of the Demilitarized Zone.
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