①A person who carries out a transaction in connection with the Real Estate Brokerage with a member of a Real Estate Transaction Guarantee Association (including a person who carries out a transaction with a member in connection with the Real Estate Brokerage before that person became a member, and excluding a person who is a Real Estate Broker) possesses the right to receive, on or after the date for the commencement of Repayment Services as designated by the Minister of Land, Infrastructure, Transport and Tourism for said Real Estate Transaction Guarantee Association, repayment of security deposit for Repayment Services as deposited by said Real Estate Transaction Guarantee Association up to an amount that is equivalent to the amount of security deposit for operations as specified by Cabinet Order as provided for in Article 25, paragraph (2), that would be required to be deposited by said member if it were not a member (for said member, if there is an amount that has already been certified pursuant to the provisions of the following paragraph, up to an amount of said net amount; if there is a refund appropriation for which payment has been received pursuant to the provisions of Article 64-10, paragraph (2), up to an amount to which said amount has been added).

②If a person possessing the right as provided for in the preceding paragraph intends to exercise said right, the amount for which repayment can be obtained pursuant to the provisions of the preceding paragraph must be certified by said Real Estate Transaction Guarantee Association.

③If the right as provided for in paragraph (1) is exercised, a Real Estate Transaction Guarantee Association must, within two weeks of the date as specified by an Ordinance of the Ministry of Justice and Ordinance of the Ministry of Land, Infrastructure, Transport and Tourism, deposit security deposit for Repayment Services of an amount equivalent to the amount of the security deposit for Repayment Services refunded through the exercise of said right.

④The provisions of paragraph (3) of the preceding article are to be applied mutatis mutandis to any case in which a deposit is made pursuant to the provisions of the preceding paragraph.

⑤Matters required in connection with the exercise of the right as provided for in paragraph (1) are to be as specified by an Ordinance of the Ministry of Justice and an Ordinance of the Ministry of Land, Infrastructure, Transport and Tourism and matters required in connection with certification as provided for in paragraph (2) are to be as specified by an Ordinance of the Ministry of Land, Infrastructure, Transport and Tourism.

①A person as listed in either of the following items must pay a share of the security deposit for Repayment Services of an amount as specified by Cabinet Order for the principal business office and other business offices on an office-by-office basis in order for it to be allocated to the security deposit for Repayment Services by the corresponding date as listed in said item to said Real Estate Transaction Guarantee Association:

②If a member of a Real Estate Transaction Guarantee Association establishes a new business office after paying a share of the security deposit for Repayment Services under the preceding paragraph (such where, a business office has been expanded in a case falling under any of the items in Article 7, paragraph (1)), said member must pay a share of the security deposit for Repayment Services of an amount as specified by Cabinet Order as provided for in the same paragraph to said Real Estate Transaction Guarantee Association within two weeks of the date thereof.

③A member of a Real Estate Transaction Guarantee Association is to forfeit its status if it fails to pay, by the date as prescribed in paragraph (1), item (ii), or by the end of the period as prescribed in the preceding paragraph, the share of the security deposit for Repayment Services under said provisions.

④If a Cabinet Order is to be enacted, revised, or abolished based on the provisions of paragraph (1), required transitional measures (including measures required for the supervision of transitional measures) concerning the depositing of additional security deposit for Repayment Services and the additional payment of a share of the security deposit for Repayment Services or the recovery of security deposit for Repayment Services and the refunding of a share of the security deposit for Repayment Services may be specified by said Cabinet Order.

①If a refund of security deposit for Repayment Services has been made through the exercise of the right as provided for in Article 64-8, paragraph (1), a Real Estate Transaction Guarantee Association must provide a notification of the fact that a refund appropriation of an amount equivalent to said refund amount should be paid to the Real Estate Transaction Guarantee Association to the member or person constituting a former member pertaining to said refund.

②A member or person constituting a former member to which a notification as provided for in the preceding paragraph has been provided, must pay a refund appropriation of the notified amount to said Real Estate Transaction Guarantee Association within two weeks of the date on which said notification was received.

③If a member of a Real Estate Transaction Guarantee Association fails to pay a refund appropriation as provided for in paragraph (1) by the end of the period as prescribed in the preceding paragraph, said member forfeits its status.

①A Real Estate Transaction Guarantee Association may, if a member loses its status as a member, recover the security deposit for Repayment Services of an amount equivalent to the share of the security deposit for Repayment Services paid pursuant to the provisions of Article 64-9, paragraphs (1) and (2) by said person constituting a former member and, if the amount of the share of the security deposit for Repayment Services for a member paid pursuant to the provisions of paragraphs (1) and (2) of the same article comes to exceed the amount as specified by Cabinet Order as provided for in paragraph (1) of the same article owing to the elimination by said member of some business offices of said member, recover the security deposit for Repayment Services of an amount equivalent to said amount in excess.

②If security deposit for Repayment Services is recovered pursuant to the provisions of the preceding paragraph, a Real Estate Transaction Guarantee Association is to refund a share of the security deposit for Repayment Services of an amount equivalent to said recovered amount to said person formerly constituting a member or member.

③In a case referred to in the preceding paragraph, a share of the security deposit for Repayment Services as provided for in the preceding paragraph is to be refunded, if said member forfeits its status as a member, after the passage of the period prescribed in the following paragraph; if a Real Estate Transaction Guarantee Association holds a claim against said person formerly constituting a member or member, after repayment in connection with said claim is completed; and if certification under Article 64-8, paragraph (2), in connection with said person formerly constituting a member or member is carried out by a Real Estate Transaction Guarantee Association, after repayment in connection with a claim for refund appropriation as provided for in paragraph (1) of the preceding Article pertaining to said certified amount is completed.

④If a member loses status as a member , a Real Estate Transaction Guarantee Association must provide a public notice to a person possessing a right as provided for in Article 64-8, paragraph (1), in connection with a claim arising from a transaction relating to the Real Estate Brokerage pertaining to said person formerly constituting a member of the fact that a request to receive a certification under paragraph (2) of the same article should be made within a fixed period of not less than six months.

⑤A Real Estate Transaction Guarantee Association may not carry out a certification under Article 64-8, paragraph (2), concerning a claim as provided for in the preceding paragraph for which no request is made within a period as prescribed in the same paragraph.

⑥The provisions of Article 30, paragraph (3), apply mutatis mutandis to any case in which a security deposit for Repayment Services is recovered pursuant to the provisions of paragraph (1).

①A Real Estate Transaction Guarantee Association must accumulate a reserve for a security deposit for Repayment Services to be allocated for the depositing of a security deposit for Repayment Services when no payment of a refund appropriation is made where a security deposit for Repayment Services is to be deposited pursuant to the provisions of Article 64-8, paragraph (3).

②A Real Estate Transaction Guarantee Association must transfer interest or dividends arising from a security deposit for Repayment Services (including negotiable securities deposited pursuant to the provisions of Article 25, paragraph (3), as applied mutatis mutandis pursuant to Article 64-7, paragraph (3), and Article 64-8, paragraph (4)) to a reserve for a security deposit for Repayment Services.

③If a Real Estate Transaction Guarantee Association still falls short after allocating a reserve for a security deposit for Repayment Services as provided for in paragraph (1) to the depositing of a security deposit for Repayment Services pursuant to the provisions of Article 64-8, paragraph (3), the Real Estate Transaction Guarantee Association must provide a notification to each member of the fact that a special share of a security deposit for Repayment Services should be paid to the Real Estate Transaction Guarantee Association according to the amount of the share of security deposit for Repayment Services as specified by Cabinet Order as provided for in Article 64-9, paragraph (1), pertaining to said person.

④A member to which a notification as provided for in the preceding paragraph has been provided must pay a special share of the security deposit for Repayment Services of an amount as notified accordingly to said Real Estate Transaction Guarantee Association within one month of the date on which said notification was obtained.

⑤The provisions of Article 64-10, paragraph (3), apply mutatis mutandis to the preceding paragraph.

⑥If a Real Estate Transaction Guarantee Association, after allocating a reserve for security deposit for Repayment Services to the depositing of a security deposit for Repayment Services under Article 64-8, paragraph (3), receives a payment of a refund appropriation pertaining to said depositing of a security deposit for Repayment Services pursuant to the provisions of Article 64-10, paragraph (2), the Real Estate Transaction Guarantee Association must transfer said refund appropriation to the reserve for a security deposit to Repayment Services.

⑦If the amount of reserve of a security deposit for Repayment Services comes to exceed the amount as specified by an Ordinance of the Ministry of Land, Infrastructure, Transport and Tourism, a Real Estate Transaction Guarantee Association may, upon obtaining the approval of the Minister of Land, Infrastructure, Transport and Tourism, reduce the reserve for a security deposit for Repayment Services by said amount in excess for allocation to expenses incurred for operations as prescribed in Article 64-3, paragraphs (1) through (3), or for contribution to undertaking that promote the sound development of the Real Estate Brokerage.

A member of a Real Estate Transaction Guarantee Association, on or after the date for the commencement of Repayment Services as designated by the Minister of Land, Infrastructure, Transport and Tourism pursuant to the provisions of Article 64-8, paragraph (1), is not required to deposit a security deposit for operations to be deposited by a Real Estate Broker.