Gyeonggi Province Distributes "Jeonse Fraud Prevention Educational Video" to 529 High Schools

The Gyeonggi Provincial Government has produced and distributed an educational video on "Preventing Jeonse Fraud" for high school seniors who have completed the College Scholastic Ability Test.

This educational video was created as part of the pilot project for the "Jeonse Fraud Prevention Academy" currently being promoted by the Gyeonggi Provincial Government.

The initiative aims to help young people, who often lack experience with real estate contracts, overcome housing insecurity as they take their first steps into society and to protect their valuable jeonse deposits.

The video, titled "First Independence, Gyeonggi Will Help! A Comprehensive Guide to Safe Jeonse Contracts for Young People," consists of eight lessons totaling approximately 22 minutes. A practicing licensed real estate agent and expert in jeonse fraud prevention appears in the video, providing easy-to-understand and engaging explanations tailored to young viewers.

Gyeonggi Provincial Government

The main topics include: ▲ the meaning of finding a home and the importance of seed money ▲ basic real estate terms (deposit, jeonse/monthly rent) and how to read a certified copy of the real estate register ▲ essential on-site inspection checklists (water pressure, noise, mold, etc.) ▲ how to identify "empty jeonse" properties and legal safeguards (residency registration, fixed date) ▲ prevention methods for the latest types of jeonse fraud (trust fraud, double contracts) ▲ and how to apply for youth-specific loans and guarantee insurance.

The Gyeonggi Provincial Government plans to distribute the video to 529 high schools across the province in cooperation with the Gyeonggi Provincial Office of Education, so it can be actively used in financial and economic education as well as creative experiential learning programs.

Son Imseong, Director of Urban Housing at the Gyeonggi Provincial Government, said, "Many young people with little social experience feel overwhelmed by real estate contracts or suffer losses due to misinformation. We hope this educational video will serve as a reliable guide to help young people achieve safe and independent housing."

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