Korean Association of Certified Judicial Scriveners "Welcomes the Passage of the Special Act on Jeonse Fraud in the National Assembly"

Exterior view of the Legal Affairs Society Building.
[Photo by Korea Legal Affairs Association]

The Korea Association of Certified Judicial Scriveners (President Lee Nam-chul) has welcomed the passage of a special law in the National Assembly plenary session aimed at supporting victims of jeonse fraud.

On the 26th, the association issued a statement titled "Welcoming the Enactment of the Special Act on Support for Jeonse Fraud Victims and Housing Stability," expressing its approval of the provisions on special procedures for light auctions and tax collection, and its expectation for the active activities of the Jeonse Fraud Victim Support Committee.

The association stated, "On the 25th, the Special Act on Support for Jeonse Fraud Victims and Housing Stability was passed in the National Assembly plenary session and is about to be implemented. This law aims to ensure housing stability by establishing special provisions for light auction procedures and tax collection for victims of jeonse fraud, and defines support measures for those who meet certain criteria as victims of jeonse fraud."

Regarding the special provisions on light auction procedures and tax collection included in the special law, the association welcomed the fact that "jeonse fraud victims can apply for deferment or suspension of the relevant auction or public sale procedures, allowing victims to respond to the light auction process with more flexibility."

It added, "Furthermore, jeonse fraud victims can now apply for priority purchase at the highest bid price, enabling them to participate in bidding from a stable position when attempting to acquire the relevant housing. This is a reasonable provision considering the desperate situation of victims seeking to secure housing stability by acquiring the property."

The association also welcomed the provision allowing the apportionment of national or local taxes according to the price ratio of the housing when the landlord owns two or more houses upon the victim's application. "Previously, if the statutory due date for national or local taxes preceded the tenant's lease deposit, tax claims on other houses were prioritized, putting the tenant at a disadvantage as a subordinate creditor. If national or local taxes are apportioned according to the price ratio of the houses, it will help secure the tenant's rights," it anticipated.

Additionally, the association welcomed other provisions such as loans for housing stability funds and the application of emergency welfare support for jeonse fraud victims, stating these will be helpful to the victims.

Meanwhile, the association also expressed expectations for the active activities of the Jeonse Fraud Victim Support Committee.

The association said, "The Jeonse Fraud Victim Support Committee will play an important role in deciding on jeonse fraud victims, requesting cooperation regarding deferment or suspension of auction and seizure sales, and deliberating and resolving policies related to support for jeonse fraud victims. For the committee to be active, it must have expertise in auction, public sale procedures, and tax collection, and find support measures that can provide practical help to victims," urging.

The association added, "As judicial scriveners are experts in civil execution procedures such as auctions, and since 220 public interest judicial scriveners have been active since last September in support of jeonse fraud victims, judicial scriveners are included as members of the Jeonse Fraud Victim Support Committee. We will strive to assist victims through the committee's activities."

Finally, the association emphasized, "This law was urgently enacted considering the desperate circumstances of jeonse fraud victims, so during the implementation process, additional points that need to be supplemented should be reflected to continuously find practical measures that can help the victims."

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