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| 1. |
Consult
a
real
estate
agency
registered
by
the
government.
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| 2. |
A
real
estate
agent
provides
additional
services
like
registration
and
a
written
contract
in
English.
|
| 3. |
You
should
pay
10
percent
of
the
deposit
or
one
month's
rent
(contract
money)
to
the
owner
when
you
sign
the
contract.
The
rest
should
be
paid
when
you
move
in.
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| 4. |
You
should
show
your
alien
registration
certificate
at
the
relevant
district
office.
|
| 5. |
You
should
report
any
alteration
of
address
to
the
relevant
district
office
with
your
alien
registration
certificate
and
passport.
It
is
recommended
to
acquire
the
registration
date
certificate
for
guarantee
of
the
legal
validity
of
the
realty
contract
at
the
time
of
reporting.
|
| 6. |
Each
contract
party
(a
possible
tenant
and
the
owner)
pays
a
commission
fee
to
the
real
estate
agent.
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| Commission
Fee
|
| ($1=1,300won
as
of
May
2002) |
| |
~
50
mil |
50
mil
~
200
mil |
200
mil
~
600
mil |
| Purchasing |
0.6% |
0.5% |
0.4% |
| Rent |
0.5% |
0.4% |
0.3% |
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Directions:
| 1. |
Providing
against
fraud
or
mistreatment,
consult
with
authorized
real
estate
agencies.
|
| 2. |
When
you
strike
a
contract,
write
in
English.
Any
documents
written
by
foreigners
in
English
have
legal
force
under
the
Housing
Rental
Protection
Act
by
the
Korean
government.
|
| 3. |
Before
making
a
contract,
please
secure
that
appropriate
house
has
no
other
financial
or
legal
problems
by
checking
registration
documents
in
relevant
administrative
offices.
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