Suwon City Strengthens Promotion of Housing Lease Reporting

Suwon City is strengthening the promotion of mandatory housing lease reporting by utilizing the bus arrival information service system at bus stops.

The city of Suwon in Gyeonggi Province is strengthening publicity regarding the notification of reporting targets and reporting methods as the guidance period for reporting housing lease contracts ends on the 31st of next month.

The housing lease reporting system requires that lease contracts for residential buildings with a deposit exceeding 60 million KRW or a monthly rent exceeding 300,000 KRW, concluded after June 1, 2021, must be reported within 30 days from the contract date.

From June 1 of this year, when the penalty guidance period ends, a fine of up to 1 million KRW will be imposed for non-reporting (delayed) or false reporting.

Suwon City is conducting online publicity through its website, search engines, and social media.

Additionally, the city is promoting the housing lease reporting system through the Bus Information System (BIS), bulletin boards at apartment management offices, and civil service offices in each district and neighborhood.

A city official stated, "Since fines will be imposed after the guidance period ends, residents should report promptly," and added, "We will continue to promote the system to protect the rights of citizens to the best of our ability."

This content was produced with the assistance of AI translation services.