HUG's jeonse (lump-sum deposit lease) return guarantee sets its limit at 90% of assessed house value. Because that value is taken as 140% of the official published price, deposit plus senior debt cannot exceed 126% of it.
Korea's jeonse deposit return guarantee requires a deposit of 700mn won or less in the capital region, and it fails if prior liens plus the deposit exceed 90% of the home's value. Here is the arithmetic.
Jeonse deposit insurance pays out when a landlord cannot return the deposit — but it does not attach to every jeonse contract automatically. Property type eligibility, premium calculation, and red flags that trigger denial: what to verify before signing.