@article{ART003183938},
author={Cho Jae Jin and Kwon, Kee Wook},
title={A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -},
journal={Legal Theory & Practice Review},
issn={2288-1840},
year={2025},
volume={13},
number={1},
pages={271-296}
TY - JOUR
AU - Cho Jae Jin
AU - Kwon, Kee Wook
TI - A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -
JO - Legal Theory & Practice Review
PY - 2025
VL - 13
IS - 1
PB - The Korea Society for Legal Theory and Practice Inc.
SP - 271
EP - 296
SN - 2288-1840
AB - Amid ongoing uncertainty regarding the normal return of deposits in lease agreements, there is a growing call for special laws, amendments to the Housing Lease Protection Act, and mandatory registration of lease rights to mitigate risks. Studies on "jeonse phobia" indicate that completely eliminating risks associated with jeonse is not feasible, as these risks are seen as a natural consequence of changes in the housing market. Housing leasing is crucial for the stability of citizens' housing, particularly for low-income individuals who often allocate a significant portion of their income to improve their housing situation through monthly rent or jeonse. Even those who can afford to buy homes may choose leasing based on personal preferences.
The primary risk in jeonse contracts, which are vital for housing stability, is the non-return of the jeonse deposit, causing ongoing anxiety among tenants. To address this, it is essential to thoroughly assess the landlord's financial situation, rental history, personal debts, litigation records, tax status, and relationships with real estate agents. These factors should be verified before signing a contract to ensure some level of safety regarding deposit returns. In case of disputes over deposit non-return, tenants must possess the legal and practical knowledge to respond effectively. This study aims to identify safe contracts that ensure deposit return obligations and to enhance legal preparedness through case law analysis. Additionally, it advocates for increased real estate education in high school and university curricula to minimize risks for tenants and promote a sound leasing market.
KW - Return of Jeonse Deposit;Real estate auction;Deposit claim;Tenant;Real estate education.
DO -
UR -
ER -
Cho Jae Jin and Kwon, Kee Wook. (2025). A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -. Legal Theory & Practice Review, 13(1), 271-296.
Cho Jae Jin and Kwon, Kee Wook. 2025, "A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -", Legal Theory & Practice Review, vol.13, no.1 pp.271-296.
Cho Jae Jin, Kwon, Kee Wook "A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -" Legal Theory & Practice Review 13.1 pp.271-296 (2025) : 271.
Cho Jae Jin, Kwon, Kee Wook. A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -. 2025; 13(1), 271-296.
Cho Jae Jin and Kwon, Kee Wook. "A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -" Legal Theory & Practice Review 13, no.1 (2025) : 271-296.
Cho Jae Jin; Kwon, Kee Wook. A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -. Legal Theory & Practice Review, 13(1), 271-296.
Cho Jae Jin; Kwon, Kee Wook. A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -. Legal Theory & Practice Review. 2025; 13(1) 271-296.
Cho Jae Jin, Kwon, Kee Wook. A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -. 2025; 13(1), 271-296.
Cho Jae Jin and Kwon, Kee Wook. "A Study on the Unstable Factors of Return of Deposit in Lease (Jeonse) Contract and the Need for Real Estate Education - Focusing on Cases and Precedents -" Legal Theory & Practice Review 13, no.1 (2025) : 271-296.
