"Don't Fall Victim to Jeonse Fraud" ... Changwon Special City Takes Active Steps for Prevention
"Jeonse Home Rental Checklist"
Distributed and Posted on City Website
Available for All Citizens to Use
Changwon Special City in South Gyeongsang Province is distributing a "Jeonse Home Rental Checklist" and posting it on the city website to help prevent the recent rise in jeonse fraud cases, making it accessible for all citizens to use.
This measure is part of the Ministry of Land, Infrastructure and Transport’s support plan for victims of jeonse fraud, and provides a clear summary of the key items that tenants must check during the jeonse contract process. By doing so, the city expects that citizens will be able to thoroughly inspect these items before signing a contract, thereby preventing damage in advance.
In particular, the checklist is expected to provide practical assistance to young people, newlyweds, and other first-time renters who often lack information and experience during the jeonse contract process.
The checklist includes detailed, step-by-step instructions on how to research jeonse market prices and verify property rights, check eligibility for jeonse guarantee insurance, confirm the qualifications of certified real estate agents and important points when drafting contracts, and essential items to inspect when paying the balance and moving in. It can be downloaded from the city website (Comprehensive Civil Service > Real Estate Civil Service > Jeonse Fraud Prevention Consultation menu).
In addition, the city will make the checklist available at the civil service offices of each district office and administrative welfare center so that citizens dealing with jeonse contracts can use it directly, and will display posters in these offices to further promote awareness among citizens.
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Lee Jaekwang, Director of Urban Policy, stated, "As the scope of the recently revised 'Special Act on Support for Victims of Jeonse Fraud and Housing Stability' is limited, thorough prevention before signing a contract is more important than ever," adding, "We hope that citizens will use this checklist to sign jeonse contracts with peace of mind."
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