Notarization
Notarizing a contract (계약서) gives it stronger legal weight: a notarized agreement is harder to dispute, and certain notarized debt agreements can be enforced without a separate court judgment. Foreign parties and authorities may also require a notarized, apostilled contract. Your chosen agent arranges notarization by a Korean notary public and, for overseas use, the Ministry of Justice apostille.
A notarized contract is harder to dispute and serves as strong proof of its date and terms. For loan or debt agreements, an enforcement clause can let you collect without a separate court judgment.
Usually the parties or their authorized agents appear so the notary can verify identity and signatures. Where a party is abroad, your agent can advise on consular notarization or a power of attorney.
Yes — after notarization, the Ministry of Justice apostilles it for use in Hague Convention countries. Your agent handles the apostille and any certified translation.
It is a notarized debt agreement that allows enforcement (e.g., seizure) without first winning a lawsuit. Let your agent know if your agreement needs it and they will arrange the right form of notarization.
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