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Tyshine
Joined: 04 Apr 2011
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 Posted: Sat Apr 28, 2012 11:34 pm Post subject: My girlfriend's school (EPIK) wants a 600$ deposit? |
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| Is this at all normal. I thought her school was supposed to provide the key money. They are telling her they are going to auto-deduct it from her first two paychecks, and will give it back at the end if everything is in order. Her apartment sucks btw, no hot water from 10 AM to 10 PM. She would live with me, but we are over an hour by public transport and the buses stop running to my place and the subway stops running to her place at some point early in the night. |
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ontheway
Joined: 24 Aug 2005
Location: Somewhere under the rainbow...
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| Posted: Sat Apr 28, 2012 11:41 pm Post subject: Re: My girlfriend's school (EPIK) wants a 600$ deposit? |
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| Tyshine wrote: |
| Is this at all normal. I thought her school was supposed to provide the key money. They are telling her they are going to auto-deduct it from her first two paychecks, and will give it back at the end if everything is in order. Her apartment sucks btw, no hot water from 10 AM to 10 PM. She would live with me, but we are over an hour by public transport and the buses stop running to my place and the subway stops running to her place at some point early in the night. |
This deposit is not "key money." Key money would usually be from 3 million to 10 million won.
The deposit is to cover unpaid utilities and damage to the apartment in case the teacher leaves without paying. It is standard for public school contracts and many hogwans. |
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Julius
Joined: 27 Jul 2006
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| Posted: Sat Apr 28, 2012 11:56 pm Post subject: |
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| You're lucky. The standard rate used to be 900. |
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Tyshine
Joined: 04 Apr 2011
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| Posted: Sun Apr 29, 2012 12:41 am Post subject: |
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| Well its good to know. I didn't have to do put any money down for my apartment (which is pretty nice) so I thought something was up. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Sun Apr 29, 2012 12:50 am Post subject: |
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| Tyshine wrote: |
| Well its good to know. I didn't have to do put any money down for my apartment (which is pretty nice) so I thought something was up. |
Deposits (600-900k won) have been a standard part of PS contracts for the last 10 years or so.
If you haven't been asked (or told/reminded) yet be thankful. It should actually be in your contract if you signed a standard PS contract.
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Ave, L�cifer
Joined: 22 Feb 2010
Location: Busan
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| Posted: Sun Apr 29, 2012 6:04 am Post subject: |
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| in busan this has been implemented since this semester only |
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warmachinenkorea
Joined: 12 Oct 2008
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| Posted: Sun Apr 29, 2012 3:51 pm Post subject: |
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We, nor any PS teacher we know, has had this in their contract.
I thin kit depends on the area you work. |
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allan of asia
Joined: 17 Mar 2009
Location: Here, there, everywhere
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| Posted: Sun Apr 29, 2012 4:58 pm Post subject: |
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500 is standard in Seoul for PS.
However, the hot water thing for her is not cool. Some buildings are older officetels and they have centrally controlled hot water and /or air con but she should be harassing people to get that fixed... |
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tideout
Joined: 12 Dec 2010
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| Posted: Mon Apr 30, 2012 12:43 am Post subject: |
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Yeah, this varies.
My 1st public school - $50 deposit in case I lost the key.
My 2nd public school - $500 deposit. |
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isitts
Joined: 25 Dec 2008
Location: Korea
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| Posted: Mon Apr 30, 2012 12:53 am Post subject: |
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| warmachinenkorea wrote: |
We, nor any PS teacher we know, has had this in their contract.
I thin kit depends on the area you work. |
Who's "we", Kimosabe?  |
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warmachinenkorea
Joined: 12 Oct 2008
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| Posted: Tue May 01, 2012 4:04 pm Post subject: |
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| isitts wrote: |
| warmachinenkorea wrote: |
We, nor any PS teacher we know, has had this in their contract.
I thin kit depends on the area you work. |
Who's "we", Kimosabe? |
My wife and I. Did this confuse you? |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Tue May 01, 2012 4:13 pm Post subject: |
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| I got my own place with my own deposit money so they can all p!$$ o ff. |
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tausha12
Joined: 12 Jan 2012
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| Posted: Tue May 01, 2012 6:39 pm Post subject: |
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| mine is asking 900,000 |
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isitts
Joined: 25 Dec 2008
Location: Korea
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| Posted: Tue May 01, 2012 7:57 pm Post subject: |
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| warmachinenkorea wrote: |
| isitts wrote: |
| warmachinenkorea wrote: |
We, nor any PS teacher we know, has had this in their contract.
I thin kit depends on the area you work. |
Who's "we", Kimosabe? |
My wife and I. Did this confuse you? |
Didn't see where you mention that in your quote or elsewhere on this thread. Anyway, I was just wondering how many people is "we". Or where "we" are.
The Lone Ranger joke was insinuating that there are those of us that do pay deposits on our apartments. |
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warmachinenkorea
Joined: 12 Oct 2008
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| Posted: Wed May 02, 2012 4:19 pm Post subject: |
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| isitts wrote: |
| warmachinenkorea wrote: |
| isitts wrote: |
| warmachinenkorea wrote: |
We, nor any PS teacher we know, has had this in their contract.
I thin kit depends on the area you work. |
Who's "we", Kimosabe? |
My wife and I. Did this confuse you? |
Didn't see where you mention that in your quote or elsewhere on this thread. Anyway, I was just wondering how many people is "we". Or where "we" are.
The Lone Ranger joke was insinuating that there are those of us that do pay deposits on our apartments. |
So it confused you? A simple "Yes" would have done the trick. |
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