A housing lease must be reported within 30 days of signing if the deposit exceeds 60 million won or monthly rent exceeds 300,000 won. With the grace period ending 31 May 2025, contracts signed from 1 June carry fines of 20,000 to 300,000 won.
Filing a jeonipsingo (resident registration move-in report) does not protect a tenant that same day — the effect begins at 00:00 the next day. If a mortgage is registered in that gap, the bank ranks first. Includes the arithmetic behind Seoul's 55 million won priority payout.
A lease must be reported within 30 days if the deposit exceeds 60 million won or the monthly rent exceeds 300,000 won. Exactly at the threshold, it does not. Eight borderline cases and the penalty structure.
In a Korean lease, the power to protect your deposit begins at midnight the day after your move-in report. Here is when opposing power, priority, and minimum priority repayment take effect — and how a same-day bank mortgage flips the order.