#Jeonse
Related posts · 6 posts
Only One Renewal in Three Used Korea's Statutory Renewal Right — We Counted 7,719 Filings
The statute cannot tell you how often the right is used. The rental filing data can, because it carries the answer as a field.
Jeonse Loan Rates Differ by 1.99 Points Between Banks — With the Same Guarantee Behind Them
The lowest was 3.79% and the highest 5.78%. On a KRW 100 million loan that is KRW 1.99 million a year.
Jeonse vs Monthly Rent — the Numbers the Law Actually Fixes
The conversion cap is the lower of 10% a year and the base rate plus 2 points. At a 2.75% base rate in August 2026, that is 4.75%.
Korea's Jeonse Contract Checklist — the Order Comes From the Statute
Delivery and resident registration create opposing power; a fixed-date stamp adds priority repayment. And the statute says you cannot be repaid unless you hand the property over.
Tenant Rights in Korea — Opposing Power, Priority Repayment, Renewal
The small-deposit thresholds this article had long left open are now filled from the Decree. In Seoul deposits up to ₩165m qualify and ₩55m comes first — but where several tenants share a building, that sum is divided proportionally.
Rent Turns on 1.2 Billion, Jeonse on 300 Million — Two Different Provisions
For a two-home owner the jeonse threshold is ₩1.2 billion, not ₩300 million. The Act sets only a floor and delegates the figure; the Decree puts it at ₩1.2 billion — a provision inserted only last year.