Deposit Non-Return 'Imdaesaebija' List Published Online

Legislative Notice on the Amendment of Subordinate Legislation under the Special Act on Private Rental Housing

From now on, information on registered rental business operators whose registration has been canceled due to failure to return rental deposits will be accessible. Additionally, shared housing (rental dormitories) will be eligible for registration as rental housing.

The Ministry of Land, Infrastructure and Transport announced on the 12th that it will publicly notify the draft amendments to the enforcement decree and enforcement rules, which stipulate delegated matters under the "Special Act on Private Rental Housing" effective September 29, starting from the 13th.

First, the requirements and procedures for registration and management of rental business operators will be specified in detail. It sets forth details such as the disclosure of the list of rental business operators whose registration has been canceled due to failure to return rental deposits and the formation of the Rental Provider Information Disclosure Deliberation Committee. Furthermore, if a rental business operator has overdue national taxes of 200 million KRW or more, or local taxes of 10 million KRW or more, the city, county, or district may refuse registration or cancel the registration.

The residency qualifications for foreigners eligible to register as rental business operators have also been specified. To prevent cases where foreigners register as rental business operators without proper residency status, the eligible residency qualifications (visas) for rental business registration are explicitly stated as Residence (F2), Overseas Korean (F4), Permanent Resident (F5), and Marriage Immigrant (F6) according to the Immigration Control Act.

Rental-type dormitories have been added to the scope of quasi-housing eligible for registration as rental housing.

In response to the increasing demand for shared housing, rental-type dormitories, recently introduced through amendments to the Enforcement Decree of the Building Act, can now be registered as rental housing.

Lee Sang-joo, Director of Housing Welfare Policy at the Ministry of Land, Infrastructure and Transport, stated that through this amendment to subordinate legislation, "management of registered rental business operators who may cause harm to tenants will be strengthened, and it is expected to respond to the increasing demand for shared housing in urban areas."

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