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In February 2026 the way the rent itself is counted changed - days rented, not months paid.

The statute cannot tell you how often the right is used. The rental filing data can, because it carries the answer as a field.

The rates are ceilings, not list prices. And taking more than the ceiling is not an administrative fine but a criminal offence.

The conversion cap is the lower of 10% a year and the base rate plus 2 points. At a 3.00% base rate in September 2026, that is 5.00%.

We opened the Housing Lease Protection Act: “0:00 the day after” is nowhere in it, and the test is delivery of the house plus resident registration — both.

In Seoul, deposits up to ₩165m get small-deposit priority and ₩55m is repaid ahead of the mortgage — two different numbers. Renewal is due two months before expiry.

The last multiplier in the deemed-rent formula — the term-deposit rate is 31 per 1,000, that is 3.1%. It was spelled out not in the Decree but in Article 23(1) of the Enforcement Rule.