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conbon78
Joined: 05 Jun 2008
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Posted: Wed Jul 07, 2010 8:50 pm Post subject: nothing |
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The end
Last edited by conbon78 on Thu Jul 08, 2010 3:14 am; edited 1 time in total |
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balzor

Joined: 14 Feb 2009
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Posted: Wed Jul 07, 2010 8:59 pm Post subject: Re: Landlord NOT returning key money |
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conbon78 wrote: |
So I'm moving out in 1 week. My landlord is saying that he doesn't have to pay the key money back and that I need to wait until someone moves in. I know this is not true. How do I fight it? Has anyone had a similar experience?
Yet another example of Koreans being lying cheats. |
yet another example of foreigners stereotyping an entire society based on the actions of an individual |
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air76
Joined: 13 Nov 2007
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Posted: Wed Jul 07, 2010 9:04 pm Post subject: Re: Landlord NOT returning key money |
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balzor wrote: |
conbon78 wrote: |
So I'm moving out in 1 week. My landlord is saying that he doesn't have to pay the key money back and that I need to wait until someone moves in. I know this is not true. How do I fight it? Has anyone had a similar experience?
Yet another example of Koreans being lying cheats. |
yet another example of foreigners stereotyping an entire society based on the actions of an individual |
Just another example of the Korea Force defending a Korean trying to rip off a foreigner. |
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NYC_Gal

Joined: 08 Dec 2009
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Posted: Wed Jul 07, 2010 9:06 pm Post subject: Re: Landlord NOT returning key money |
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conbon78 wrote: |
So I'm moving out in 1 week. My landlord is saying that he doesn't have to pay the key money back and that I need to wait until someone moves in. I know this is not true. How do I fight it? Has anyone had a similar experience?
Yet another example of Koreans being lying cheats. |
If the price for having a lawyer call is less than your key money, have him make an official call demanding your money.
THIS is why I let my school handle my key money. Sure, I could have rented a larger place on my own, but screw that. It's less to worry about.
I hope you get your cash! |
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schwa
Joined: 18 Jan 2003 Location: Yap
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Posted: Wed Jul 07, 2010 9:27 pm Post subject: |
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Are you completing your lease agreement?
Did you give notice? |
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Ramen
Joined: 15 Apr 2008
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Posted: Wed Jul 07, 2010 9:31 pm Post subject: Re: Landlord NOT returning key money |
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conbon78 wrote: |
So I'm moving out in 1 week. My landlord is saying that he doesn't have to pay the key money back and that I need to wait until someone moves in. I know this is not true. How do I fight it? Has anyone had a similar experience?
Yet another example of Koreans being lying cheats. |
If you've finished your lease contract, you're entitled to full refund of key money. If not, your landlord is entitled to deduct some money from your key money and/or hold it until he or you find another tenant. It all depends on your lease agreement. |
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seoulsucker

Joined: 05 Mar 2006 Location: The Land of the Hesitant Cutoff
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Posted: Wed Jul 07, 2010 9:33 pm Post subject: |
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Every. Single. Time.
It's how this works. Despite being property owners in one of the most expensive cities in the world, no landlord I've ever rented from has been able to produce the 5, 10, or 20 million won deposit on demand.
They just turn over what they get from the new tenant to you directly. However, that guy doesn't get his key money until the guy moving into HIS new place gets it, and so on and so on and so on.
It's culture. Please understand. |
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conbon78
Joined: 05 Jun 2008
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Posted: Wed Jul 07, 2010 9:48 pm Post subject: incompetence |
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seoulsucker wrote: |
Every. Single. Time.
It's how this works. Despite being property owners in one of the most expensive cities in the world, no landlord I've ever rented from has been able to produce the 5, 10, or 20 million won deposit on demand.
They just turn over what they get from the new tenant to you directly. However, that guy doesn't get his key money until the guy moving into HIS new place gets it, and so on and so on and so on.
It's culture. Please understand. |
The only thing that I understand is their inability to manage money. With that said, I gave them 2 months notice that I was moving out and I did complete my contract with them. That type of incompetence is ridiculous. |
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Horangi Munshin

Joined: 06 Apr 2003 Location: Busan
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Posted: Wed Jul 07, 2010 9:52 pm Post subject: |
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Yet it still exists  |
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uklathemock
Joined: 26 Dec 2009
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Posted: Wed Jul 07, 2010 10:01 pm Post subject: |
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seoulsucker wrote: |
Every. Single. Time.
It's how this works. Despite being property owners in one of the most expensive cities in the world, no landlord I've ever rented from has been able to produce the 5, 10, or 20 million won deposit on demand.
They just turn over what they get from the new tenant to you directly. However, that guy doesn't get his key money until the guy moving into HIS new place gets it, and so on and so on and so on.
It's culture. Please understand. |
Yup. I've had the same experience. He'll return the money when he finds a new tenant. It's a common practice here. |
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balzor

Joined: 14 Feb 2009
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Posted: Wed Jul 07, 2010 10:02 pm Post subject: Re: Landlord NOT returning key money |
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air76 wrote: |
balzor wrote: |
conbon78 wrote: |
So I'm moving out in 1 week. My landlord is saying that he doesn't have to pay the key money back and that I need to wait until someone moves in. I know this is not true. How do I fight it? Has anyone had a similar experience?
Yet another example of Koreans being lying cheats. |
yet another example of foreigners stereotyping an entire society based on the actions of an individual |
Just another example of the Korea Force defending a Korean trying to rip off a foreigner. |
not at all, I know that some hagwon bosses are cheating bastards. I worked for one last year. Just the generalization that Every Korean is a cheat and a liar is false. |
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sulperman
Joined: 14 Oct 2008
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Posted: Wed Jul 07, 2010 11:06 pm Post subject: |
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I always assumed that the getting the money from the next tenant was the way that it was meant to be done, as I have never heard of it happening any other way.
Got a good place? Throw a bunch of ads on the internet, try to help them out. Maybe you'll get lucky. |
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NYC_Gal

Joined: 08 Dec 2009
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Posted: Wed Jul 07, 2010 11:12 pm Post subject: |
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If the OP gave adequate notice, the money should have been ready. I suppose this is the way things are done here, but it doesn't make it a good business practice. Seriously, the landlord doesn't have the 5 million (give or take) to repay? |
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conbon78
Joined: 05 Jun 2008
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Posted: Wed Jul 07, 2010 11:19 pm Post subject: key money |
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In a perfect world, when someone wants to move out, another will want to move in. Clearly that does not happen every time! And the first person who ever rented from the guy gave the key money to him. Therefore, he should have it on reserves in case someone else moves out before the new tenant moves in.
This isn't rocket science. I would have a HUGE lawsuit brought against me if my renters just moved out of my house in Chicago.
Again...what a bunch of morons. |
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Young FRANKenstein

Joined: 02 Oct 2006 Location: Castle Frankenstein (that's FRONKensteen)
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Posted: Wed Jul 07, 2010 11:24 pm Post subject: Re: Landlord NOT returning key money |
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air76 wrote: |
balzor wrote: |
conbon78 wrote: |
So I'm moving out in 1 week. My landlord is saying that he doesn't have to pay the key money back and that I need to wait until someone moves in. I know this is not true. How do I fight it? Has anyone had a similar experience?
Yet another example of Koreans being lying cheats. |
yet another example of foreigners stereotyping an entire society based on the actions of an individual |
Just another example of the Korea Force defending a Korean trying to rip off a foreigner. |
Reading comprehension is not your strong suit.
He was NOT "defending a Korean trying to rip off a foreigner". He was defending Korea as a society from a false generalization in spite of the lying and cheating actions of ONE individual Korean. |
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