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Tag:deposit protection
Real Estate
How to Avoid a Jeonse Scam (전세사기) in Seoul: A Foreigner's Deposit Protection Checklist
Jeonse fraud (전세사기) made national headlines in Korea for a reason — a landlord who can't or won't return a nine-figure deposit is a real risk, and foreign renters are targeted because they're less likely to check the registry. Here's the checklist to run before you sign.
Sep 3, 20268 min read
Real Estate
What Is Jeonse? The Complete Guide to Korea's Deposit-Only Lease System
Jeonse has no equivalent anywhere else in the world. Here's exactly how it works, how your deposit is legally protected, what went wrong in Korea's 2022–2024 jeonse fraud crisis, and how to sign a jeonse contract safely as a foreigner.
Jul 25, 20269 min read