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taobenli
Joined: 26 Apr 2004
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Posted: Wed Nov 30, 2011 9:00 pm Post subject: for those have rented your own apartments |
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A question for those who have rented your own apartments (rather than living in school-provided housing):
We've been living in our place for almost two years- our lease ends in February. We went through a real estate agent and only met the landlady when signing the lease- since then we've only had phone contact with her when the boiler broke, and she paid to replace it. I got a call for her recently saying someone wants to move in right when we move out- so that should make it easier to get our deposit (10 million won) back faster.
I heard from a Korea friend that one should take the lease to the local government office (jumin center) and get a stamp, which makes it more likely to get your deposit money back and get it back quickly. She said you can do this anytime before your lease is up. Obviously I need to do it soon since I haven't done it yet. What is this called in Korean? |
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pkang0202

Joined: 09 Mar 2007
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Posted: Wed Nov 30, 2011 9:59 pm Post subject: |
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I've moved 3 times in Korea, and I've never had to do that.
You move out in the morning, new person moves in in the afternoon. Same day. The new tenant gives the landlord their deposit, and the landlord just turns around and gives it to you.
That's the usual method.
If I were you, I'd stick around the apartment when the new people are moving in and ask for your deposit. Its unlikely the landlord will NOT give you your deposit back, while the people who just paid their deposit is standing right there within earshot. |
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highstreet
Joined: 13 Nov 2010
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Posted: Wed Nov 30, 2011 10:43 pm Post subject: |
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Why don't you ask the Korean friend who told you... |
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blackinque
Joined: 07 Apr 2010
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Posted: Wed Nov 30, 2011 11:20 pm Post subject: Re: for those have rented your own apartments |
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taobenli wrote: |
which makes it more likely to get your deposit money back |
Really now, how unlikely are you to get your deposit money back? Your landlord might take a small portion of the money from your deposit to pay for any damages done to the apartment, as well as the cleaning, and that will be that.
I've never had to go to the jumin center. Since there were no disputes between the landlord and me, we just met up on D day, he gave me the money and I was off. |
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Yaya

Joined: 25 Feb 2003 Location: Seoul
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Posted: Wed Nov 30, 2011 11:29 pm Post subject: Re: for those have rented your own apartments |
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taobenli wrote: |
A question for those who have rented your own apartments (rather than living in school-provided housing):
We've been living in our place for almost two years- our lease ends in February. We went through a real estate agent and only met the landlady when signing the lease- since then we've only had phone contact with her when the boiler broke, and she paid to replace it. I got a call for her recently saying someone wants to move in right when we move out- so that should make it easier to get our deposit (10 million won) back faster.
I heard from a Korea friend that one should take the lease to the local government office (jumin center) and get a stamp, which makes it more likely to get your deposit money back and get it back quickly. She said you can do this anytime before your lease is up. Obviously I need to do it soon since I haven't done it yet. What is this called in Korean? |
It's actually the law that you must register the lease contract with a registration or court, and yes, it does help if you have trouble getting your key money back. |
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chrisblank
Joined: 14 Aug 2009 Location: Incheon
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Posted: Thu Dec 01, 2011 6:08 pm Post subject: |
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I've always registered my lease with the gu office. The second place i ever lived in it saved me as the apartment owner went bankrupt and disappeared. I then was able to live in the place for free until it sold and I got my key money back. That stamp from the gu office ensures that as tenant you get paid first before other creditors. |
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