Forming a Condominium Building Management Body, Appointing a Manager and Obtaining a Unique Identification Number Certificate

Procedure

1. 1. Confirm the formation of the management body and the duty to appoint a manager

   Once a sectional ownership relationship arises, the management body is established automatically. If there are 10 or more sectional owners, a manager must be appointed. In the early stage of the sale of units, the seller (developer) manages the building. Once 1/2 or more of the prospective buyers have completed registration of transfer, the seller must notify the sectional owners to convene a management body meeting within 3 months. If the sectional owners do not convene it within 3 months, the seller must convene it directly.

2. 2. Notice of convening the management body meeting

   Compile the list of sectional owners based on the property register, and send notice of the meeting date, place and agenda (appointment of the manager, enactment of the management bylaws, etc.) by the statutory deadline before the meeting. If the notice procedure is omitted, there is a risk that the resolution will be void, so keep the dispatch records.

3. 3. Hold the meeting and prepare the minutes

   Resolve the agenda items on the appointment of the manager and the management bylaws while confirming the quorum for resolution. Record the attendance and proxy status and the results of the resolutions accurately in the minutes, and obtain signatures.

4. 4. Apply for the unique identification number certificate

   Prepare the meeting minutes, the management bylaws, the manager appointment documents and the list of members, and apply to the competent tax office for a unique identification number certificate. Processing usually takes 3 to 7 days. After issuance, the management body can open a bank account in its own name and collect management fees.

Required documents

• Notice of convening the management body meeting and dispatch records
• Minutes of the management body meeting (including attendance and proxy status)
• Management bylaws
• Resolution appointing the manager, and the manager's identification card
• List of sectional owners (members)
• Application for a unique identification number (tax office form)

Fees

The fee for drafting formation documents such as the meeting convening notice, minutes and management rules depends on the number of sectional owners and the volume of convening notices; we will advise after reviewing the size of the building in a consultation.

See fees and official charges for this service →

Legal basis and review date

• Act on Ownership and Management of Condominium Buildings, Article 9-3
• Act on Ownership and Management of Condominium Buildings, Article 23
• Act on Ownership and Management of Condominium Buildings, Article 24
• Act on Ownership and Management of Condominium Buildings, Article 34
• Act on Ownership and Management of Condominium Buildings, Article 38
• Income Tax Act, Article 168, paragraph (5)

Checked against the statutes on 2026-09-30

Statutes and public notices change, so each case needs to be checked individually. Statute titles are given in English for reference. The Korean statutes are the authoritative text.

Check these first

• If the convening notice procedure is omitted, the resolution appointing the manager may be void. Be sure to keep the notices and the dispatch records.
• For a building with a large number of exclusive-use sections, also check whether the appointment of the manager must be reported to the competent authority.

Frequently asked questions