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Eradicating “rental fraud” … Measures announced to reduce injury

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You will not be in a position to offer your residence or consider out a mortgage instantly soon after signing a global contract.

The landlord ought to also be transparent with the tenant if the landlord is in default.

Reporter Shin-Young Hong gives steps to avert problems to the rental fraud introduced by the federal government.

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Victims of the jeonse rip-off experienced to undergo without figuring out the landlord’s tax arrears and no matter if or not they had a mortgage.

Even the listing of “poor entrepreneurs” who very own hundreds of houses and routinely take deposits has never ever been designed general public.

In this regard, the govt has announced measures to prevent problems to charter fraud.

[원희룡/국토교통부 장관]
“The current policy experienced some constraints. First, there was much too tiny info for tenants to prevent the pitfalls themselves.”

Very first, we have made the decision to disclose the landlord’s facts transparently to the tenant.

You will locate out if there are any exceptional taxes or financial loans that are paid out ahead of submitting.

In buy to prevent the abuse of the tenant’s resistance displaying up the day following the transfer, we have made a decision to modify the jeonse agreement by inserting a exclusive clause that stops the operator from providing the dwelling or obtaining a financial loan quickly afterwards. the signing of the contract.

In addition, it said it will offer unexpected emergency financial loans at a reduced desire price of up to 160 million won to victims of the Jeonse fraud and provide temporary housing exactly where they can dwell at 30% of the marketplace selling price for up to 6 months.

The record of poor landlords is disclosed by means of amendments to the legislation and the Housing and Urban Warranty Corporation HUG operates a “1-end charter fraud assistance centre” and an business dedicated to the intense collection of negative landlords’ money owed.

I am Shin-Young Hong of MBC News.

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