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| How much did you pay for your security deposit? |
| nothing!!! |
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81% |
[ 18 ] |
| 199 999 won or less |
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0% |
[ 0 ] |
| 200 000 to 399 999 |
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9% |
[ 2 ] |
| 400 000 to 599 999 |
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4% |
[ 1 ] |
| 600 000 to 799 999 |
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0% |
[ 0 ] |
| 800 000 to 999 999 |
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4% |
[ 1 ] |
| 1,000,000 to 1,199,999 |
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0% |
[ 0 ] |
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| Total Votes : 22 |
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Meggiebea
Joined: 20 Oct 2006
Location: Uijeongbu, South Korea
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 Posted: Tue Nov 14, 2006 9:26 pm Post subject: How much did you pay for your security deposit? |
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| My school is asking 900 000 won security deposit. This seems overly extreme to me. They say they will refund it to me 2 months after completion of the contract. Is this extreme? Is 2 months later the norm? |
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wowser
Joined: 14 Apr 2004
Location: Kyonggi do
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| Posted: Tue Nov 14, 2006 10:21 pm Post subject: me too... |
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| I had a 900,000 won deposit. They said they will reimburse me a month after my contract. |
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ajgeddes
Joined: 28 Apr 2004
Location: Yongsan
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| Posted: Tue Nov 14, 2006 10:37 pm Post subject: |
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First time - 600,000
Second time - 900,000
This time - 0 (and best apartment yet) |
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spliff
Joined: 19 Jan 2004
Location: Khon Kaen, Thailand
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| Posted: Tue Nov 14, 2006 10:43 pm Post subject: |
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Zero...penalty clauses are illegal...  |
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ajgeddes
Joined: 28 Apr 2004
Location: Yongsan
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| Posted: Tue Nov 14, 2006 10:46 pm Post subject: |
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| Housing deposits are not illegal. |
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spliff
Joined: 19 Jan 2004
Location: Khon Kaen, Thailand
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| Posted: Tue Nov 14, 2006 10:58 pm Post subject: |
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| Wrong, as usual...unless you're talking about folk w/ housing allowances who have to secure their own housing, or if you agree to one in your contract (but I don't know why anyone would agree to one). |
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laogaiguk
Joined: 06 Dec 2005
Location: somewhere in Korea
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| Posted: Tue Nov 14, 2006 11:10 pm Post subject: |
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| The last time this came up, the consensus was any money involuntarily taken out of your paycheck for a deposit was illegal. |
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alffy
Joined: 25 Apr 2006
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| Posted: Tue Nov 14, 2006 11:19 pm Post subject: |
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| laogaiguk wrote: |
| The last time this came up, the consensus was any money involuntarily taken out of your paycheck for a deposit was illegal. |
Yes, but then I believe the counter-argument was something like, "but if you agree to it in your contract it becomes a legal deduction."
Then the counter-counter-argument went something like, "well, you sir, are an idiot!"
Which was then eloquently parried by, "F$#@ you, A$$@&*%!"
Etc, etc, ad nauseum.... |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Wed Nov 15, 2006 12:31 am Post subject: Re: How much did you pay for your security deposit? |
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| Meggiebea wrote: |
| My school is asking 900 000 won security deposit. This seems overly extreme to me. They say they will refund it to me 2 months after completion of the contract. Is this extreme? Is 2 months later the norm? |
IF you allow them to take a deposit, it SHOULD be returned at your DEPARTURE and NOT 2 months later.
They can confirm and pay out your bills on the last day of your stay.
They can check your apartment to verify that there is NO damage.
I have NEVER had a problem squaring away my bills with any previous employer on the 2nd to last day of employment. A simple call to the utility company takes care of it all.
There is NO reason for them to hold it for 2 months after your departure unless they have NO plan to return it at all.
If you agree to that kind of clause you can fully expect them to steal it from you (find all kinds of excuses to NOT return it) and you will be 10,000 km away and unable to do anything about it.
DO NOT AGREE TO THOSE TERMS. |
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Meggiebea
Joined: 20 Oct 2006
Location: Uijeongbu, South Korea
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| Posted: Wed Nov 15, 2006 1:23 am Post subject: |
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| thanx guys. I suggested an inspection of the apartment when I leave and proof/receipts to show that all bills have been paid. Hopefully this works out. |
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ajgeddes
Joined: 28 Apr 2004
Location: Yongsan
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| Posted: Wed Nov 15, 2006 5:55 am Post subject: |
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| spliff wrote: |
| Wrong, as usual...unless you're talking about folk w/ housing allowances who have to secure their own housing, or if you agree to one in your contract (but I don't know why anyone would agree to one). |
Which makes it not illegal, thank you for supporting my argument. |
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Homer
Guest
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| Posted: Wed Nov 15, 2006 7:25 am Post subject: |
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Spliff....deposits are not illegal unless they take it from your pay without a contractual agreement......
I agree with Tom..they should give you back the deposit on your final payday. |
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braunshade
Joined: 19 Apr 2006
Location: Somewhere better!
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| Posted: Wed Nov 15, 2006 7:47 am Post subject: |
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Only a sucker would accept a position where they make you pay a deposit!
SUCKERS! |
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Homer
Guest
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| Posted: Wed Nov 15, 2006 9:28 am Post subject: |
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Yes of course...  |
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