Tag

#임대차보호법 2 posts

When Your Jeonse Home Goes to Auction: The 55 Million Won Floor

If the home you rent is auctioned off, the first money a tenant receives in Seoul is capped at 55 million won. A single boundary — a deposit of 165 million won — decides an 8 million won swing in what you get back.

Policy & RatesAug 30, 20265 min

Lease Renewal Right: The 5% Cap Calculation and Dispute Points

The 2020 lease renewal right gives tenants one two-year extension and caps rent increases at 5%. Real disputes arise outside the statute — in how the 5% is calculated, what grounds justify refusal, and whether market rents apply to subsequent new contracts.

Policy & RatesJul 19, 20265 min