[Title Page] 1
Contents 2
1. Finding a place to live 4
Step 1. Confirm the price of a suitable house 4
Step 2. Choose a real estate agent 5
Smart ways own a house Issues to be checked 6
2. Buying a house 8
Step 1. Issues to be confirmed before a contract 8
Step 2. Documents to be prepared 9
[1] If a contract is signed by actual contracting parties? 9
[2] If a contract is signed by a legal representative? 9
[3] If a legal representative is a spouse? 9
[4] If an owner is a minor (under 20 years old)? 9
Step 3. Draft a contract 11
[1] All information of the property of purchase and sale must be written correctly 11
[2] Sale price (in numbers and in Korean), dates of... 11
[3] A date of delegation of the property and that of transfer of ownership must be specified 11
[4] In case of a breach of contract, secure as many means as possible to counteract 11
[5] The date of a contract and personal information of... 11
[6] Examine special options closely 11
Step 4. Pay the remaining balance and the agent fee 12
[1] You need to get a new copy of a certified register before making a payment for a remaining balance 12
[2] After paying for the remaining balance, you should pay the agent fee. 12
Step 5. Registration of ownership transfer(소유권이전등기), etc. 13
[1] Documents to be obtained from a seller for the registration of ownership transfer 13
[2] Report changes of address of your resident registration... 13
[3] You must report & pay and pay the acquisitoion tax within 60 days from the day you acquired the real estate(due date for payment) to either a City hall or a Gu-office and make a payment 13
Essential procedures for safe acquisition of Jeonse/Monthly rent 14
3. Signing a contract for Jeonse(전세)/Monthly rent(월세) 16
Step 1. Weigh up the rights 16
[1] Verify related documents 16
[2] Visiting the house 16
[3] Assess the possibility of retrieving the deposit 17
Step 2. Draft a contract for Jeonse/Monthly rent 18
[1] It is safe to use a Standard Lease Contract Form(주택임대차표준계약서) 18
[2] It is safe to 18
[3] Documents needed for the contract 18
Step 3. Pay the deposit/remaining balance and the agent fee 19
[1] You need to get a new copy of a certified copy of the register before making a payment for a remaining balance 19
[2] Pay the agent for the brokerage fees 19
Step 4. Secure opposing power(대항력) and items to be verified 20
[1] Receive a housing lease contract and brokerage object guide confirmation 20
[2] Secure opposing power(대항력) and preferential payment right(우선변제권) 20
Step 5. When the term of the contract is over 22
[1] When you are moving to a new house ⇨ revoke the contract 22
[2] If you wish to extend the contract ⇨ renew the contract(contract extension) 22
Are you concerned about the cost of leasing a house? 23
Seoul Jeonse/Monthly Rent Deposit Service Center 24
판권기 26
[뒷표지] 26