← Life hacks · Korea: housing · Life in Korea · Korean residents · Workers · Fathers · Mothers
Renting a home: protect your deposit
Jeonse and wolse deposits are large – check these first.
- Get the property register (등기부등본) from the Internet Registry Office and check the owner and debts.
- Sign with the registered owner (or a properly authorised agent) and use a licensed real-estate agent.
- After moving in, file your moving-in report and get a fixed date (확정일자) on the contract – this protects your deposit.
- Consider deposit-return guarantee insurance (HUG and others) for jeonse.
- Sources: iros.go.kr, HUG.