Gyeonggi-do's Proposal to Expand Support for Jeonse Fraud Victims Reflected in National Assembly Special Act

Gyeonggi Province Governor Kim Dong-yeon (second from the right) is taking a commemorative photo with members of the National Assembly after holding a policy meeting on support for jeonse damage and improvement of prevention systems at the National Assembly on the 15th.

Gyeonggi Province's proposal to expand the scope of support for victims of Jeonse fraud has been reflected in the National Assembly's special law.

On the 25th, Gyeonggi Province announced that its proposal to expand the scope of support for victims was incorporated into the "Special Act on Support for Jeonse Fraud Victims and Housing Stability," which passed the plenary session of the National Assembly.

Gyeonggi Province previously pointed out that the government's original support measures for Jeonse fraud victims limited the criteria for victims to cases such as "initiation of auction or public sale" and "investigation of the lessor," which was problematic. Therefore, they prepared a proposal to include victims of zero-capital gap speculation leading to "empty Jeonse" victims, victims of double contracts, trust fraud victims, and victims of illegal conversion of commercial facilities into residential Jeonse in neighborhood living facilities as victims.

Governor Kim Dong-yeon of Gyeonggi Province made proposals to expand the scope of support for victims in the special law through a press conference on the 11th and a visit to the National Assembly on the 15th. This was based on the judgment that the current government support measures have strict criteria for recognizing Jeonse fraud victims, which could result in tenants not being recognized as victims, suffering losses of deposit money and disqualification as non-homeowners.

Gyeonggi Province also plans to continuously consult with the National Assembly and the Ministry of Land, Infrastructure and Transport to reflect the remaining proposals for support and fundamental prevention of Jeonse fraud, such as mandatory subscription to Jeonse deposit return guarantee insurance, improvement to allow immediate occurrence of priority repayment rights upon tenant move-in and fixed-date registration, mandatory registration of multi-home landlords as housing rental business operators, and establishment of grounds for confiscation and recovery of criminal proceeds from licensed real estate agents, into individual laws such as the Housing Lease Protection Act and the Special Act on Private Rental Housing.

Jung Jong-guk, Director of the Housing Policy Division of the province, emphasized, "Many people are suffering from the Jeonse fraud problem, and as such damages may further expand depending on the real estate market in the future, we will do our best to protect residents' property rights and ensure housing stability."

Meanwhile, Gyeonggi Province operates the "Jeonse Fraud Support Center" within the Gyeonggi Province Housing Welfare Center to provide comprehensive counseling including legal, financial, and housing support for Jeonse fraud victim tenants in the province. For inquiries related to Jeonse fraud, contact the Jeonse Fraud Support Center at 070-7720-4871~2.

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