Gwanak-gu, Special Inspection of Real Estate Agencies to Prevent Jeonse Fraud
Illegal Activities of Real Estate Agents Related to Jeonse Fraud and Rapid Increase in Jeonse Fraud Victims
Preventing Jeonse Fraud Damage in Advance through Intensive Crackdown by Inspecting Real Estate Agents
"Since the jeonse fraud incidents, public distrust toward licensed real estate agents has significantly increased." "I need to find a jeonse rental, but I'm afraid to visit real estate offices."
Gwanak-gu (District Mayor Park Junhee) will conduct a special inspection of licensed real estate agents suspected of jeonse fraud until March 22 next year to prevent illegal activities by real estate agents and to stop further jeonse fraud damages, which have been occurring repeatedly recently.
The district conducted inspections of real estate brokerage offices in two phases from February to July.
In this special inspection, the district will target 56 real estate brokerage offices, including those with multiple jeonse fraud cases and those found to have committed illegal acts in the previous inspections. The inspection will cover ▲whether there are mass contracts with specific individuals ▲rental of real estate agent licenses ▲failure to report affiliated agents and assistants ▲compliance with the obligation to explain the brokerage object ▲violations of the Licensed Real Estate Agents Act.
Depending on the inspection results, illegal acts such as failure to fulfill the obligation to explain the brokerage object and failure to report brokerage assistants will be subject to administrative sanctions. Serious violations such as license rental, unqualified or unregistered illegal activities, brokerage during suspension periods, and receiving excessive brokerage fees will be referred to investigative agencies and prosecuted, applying a zero-tolerance policy.
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District Mayor Park Junhee stated, "We will take a strong stance against brokerage offices found to be involved in illegal activities to prevent further damages caused by jeonse fraud." He added, "We plan to continue selecting and inspecting licensed real estate agents involved in jeonse fraud cases for guidance and monitoring."
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