The Ministry of Land, Infrastructure and Transport to Disclose List of Malicious Landlords
The Ministry of Land, Infrastructure and Transport building in Sejong City. (Photo: Shina Ilbo DB)
The Ministry of Land, Infrastructure and Transport will enforce the ‘Revised Private Rental Housing Special Act and the Housing and Urban Fund Act’ starting from the 29th of this month. As part of these new regulations, a list of malicious landlords who frequently fail to return tenants’ deposits will be revealed within the year.
Tenants will have the opportunity to check and filter the list of malicious landlords when signing a lease contract through a secure lease application (app).
On the 28th, the Ministry of Land, Infrastructure and Transport announced that the amended Special Act on Private Rented Houses and the Housing and Urban Fund Act, which includes the legal basis for disclosing the list of malicious landlords, will come into force from the 29th. This is an important step towards protecting the rights of tenants.
The list of disclosures will include landlords who have been involved in two or more cases of indemnity debts claimed by the Housing and Urban Guarantee Corporation (HUG) within the last three years. The amount claimed must be more than 200 million won. Additionally, landlords with more than 100 million won in unreturned deposits, even after their rental business registration has been cancelled due to failure to return the deposit on time, will also be published.
However, the list of malicious landlords will not be published immediately after the enforcement of the law. The Ministry of Land, Infrastructure and Transport explained that this is to allow landlords who were unable to return deposits due to economic difficulties, rather than intentional wrongdoing, to explain their circumstances and avoid unnecessary losses. The Landlord Information Disclosure Discussion Committee will take approximately two to three months to make a final decision on whether the information should be disclosed.
If the Information Disclosure Committee decides to make the list public based on the landlords’ explanations, the names will be published on the Ministry of Land, Infrastructure and Transport and HUG websites, as well as the Safe app Charter.
It is expected that the list will be made available as early as this year.
In addition to the disclosure of the list of malicious landlords, the revised Special Act on Private Rental Housing also includes provisions to crack down on tax evasion by rental business operators. Rental business operators who violate national taxes exceeding 200 million won and local taxes exceeding 10 million won may be refused or have their registration cancelled by the city, county or area authorities.
Furthermore, a tax payment certificate has been added to the required documents when applying for rental business registration. This allows applicants to check whether they have any outstanding tax arrears before registration.
To prevent foreigners from misusing their residence status to register as rental business operators, the revised act specifies that only individuals with immigration, Korean foreigner, permanent residence, and marriage immigration visas are eligible for registration.
Email: him565@shinailbo.co.kr
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Copyright © Shina Ilbo. Unauthorized reproduction and redistribution prohibited.
The Ministry of Land, Infrastructure and Transport enforces the ‘Revised Private Rental Housing Special Act and the Housing and Urban Fund Act’ from the 29th.
The Ministry of Land, Infrastructure and Transport building in Sejong City. (Photo = Shina Ilbo DB)
Within this year, a list of malicious landlords who routinely take tenants’ deposits will be revealed. Accordingly, tenants can check and filter the list of malicious landlords through the secure lease application (app) when signing a lease contract.
The Ministry of Land, Infrastructure and Transport announced on the 28th that the amended Special Act on Private Rented Houses and the Housing and Urban Fund Act, which includes the legal basis for disclosing the list of malicious landlords, will come to force from the 29th.
Those subject to the list of disclosures are landlords who have had two or more cases of indemnity debts claimed by the Housing and Urban Guarantee Corporation (HUG) after returning the deposit to the tenant within the last three years ( including one case after law enforcement) and the amount is more than 200 million won.
In addition, the list of landlords with more than 100 million unreturned deposit will remain even after more than six months have passed since their rental business registration was canceled due to failure to return the deposit on time is also published.
However, the list of malicious landlords is not published immediately after law enforcement.
The Ministry of Land, Infrastructure and Transport explained that this is because landlords who were unable to return deposits due to economic difficulties, not on purpose, have an opportunity to explain so that they do not suffer any losses, and that approximately two are needed. to three months for the Landlord Information Disclosure Discussion Committee to make a final decision as to whether the information should be disclosed.
He also added that if the Information Disclosure Committee decides whether to make the list public based on the explanation, the names will be made public on the Ministry of Land, Infrastructure and Transport and HUG websites and the Safe app Charter.
If it falls under a reason for exemption from disclosure (eg the death of a lessee), it is exempt from disclosure. In addition, if an exception occurs after the list is published, the public information will be deleted.
It seems that it will be possible to reveal this list as early as this year.
In addition, according to the enforcement of the revised Special Act on Private Rental Housing, if a rental business operator that violates more than 200 million in national taxes and 10 million in local taxes, the city, county or the area to refuse or cancel registration.
A tax payment certificate has been added to the documents required to be submitted when applying for registration so that applicants for rental business registration can check whether they have arrears and the amount of arrears.
In order to prevent foreigners from deviating from their residence status and registering as a rental business operator, the visas that can be registered as a rental business are specified as immigration, Korean foreigner, permanent residence, and marriage immigration.
to him565@shinailbo.co.kr
Copyright © Shina Ilbo Unauthorized reproduction and redistribution prohibited
Related articles
‘785 real estate agents’ suspected of being involved in lease fraud have been found
A special campaign across the Government on welfare fraud extended until the end of the year
List of rental business operators with non-returned rental deposits published online
[하반기 경제정책] Real estate tax burden ↓… Maintain 60% of fair value comprehensive real estate tax
[하반기 경제정책] The requirements for a ‘deposit return loan’ will be eased from the end of this month
Information disclosed to landlords who subscribe to the HUG guarantee in case of repeated non-return of deposit
Special government-wide crackdown on welfare fraud: ‘486 licensed estate agents’ arrested in 10 months
Crimes of real estate agents poured like monsoon rain … Industry: “Because of the government”
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