@article{ART003314946},
author={Cho Jae Jin and Kwon, Kee Wook},
title={Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -},
journal={Legal Theory & Practice Review},
issn={2288-1840},
year={2026},
volume={14},
number={1},
pages={377-414}
TY - JOUR
AU - Cho Jae Jin
AU - Kwon, Kee Wook
TI - Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -
JO - Legal Theory & Practice Review
PY - 2026
VL - 14
IS - 1
PB - The Korea Society for Legal Theory and Practice Inc.
SP - 377
EP - 414
SN - 2288-1840
AB - This study asks whether HUG’s risk-based operation of the Jeonse Deposit Return Guarantee—premium differentiation and underwriting denials/restrictions—functions as a quasi-regulatory mechanism once linked to jeonse loans and effectively shaping market access and transaction terms. Using mainly normative legal analysis, it examines the fit with legality and rights-protection principles (legal reservation, clarity, proportionality, due process), the disposition-like nature of adverse underwriting decisions, and possible routes/standards of judicial review, while typologizing key market problems (access gaps, cost pass-through, protection gaps for vulnerable tenants).
It then proposes a ‘partial public-law institutionalization’ model: legally ground and procedurally control core elements (key premium variables and grounds/procedures for denials/restrictions) while leaving detailed scoring models to professional autonomy. Finally, it combines this with gap-cushioning measures—public reinsurance/funds, targeted subsidies, and risk-reducing alternatives such as escrow and partial guarantees—to balance tenant protection, market stability, and sustainability.
KW - Jeonse Deposit Return Guarantee;risk-based guarantee premium;underwriting;quasi-regulatory character;partial public-law institutionalization;due process;protection gap for vulnerable groups
DO -
UR -
ER -
Cho Jae Jin and Kwon, Kee Wook. (2026). Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -. Legal Theory & Practice Review, 14(1), 377-414.
Cho Jae Jin and Kwon, Kee Wook. 2026, "Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -", Legal Theory & Practice Review, vol.14, no.1 pp.377-414.
Cho Jae Jin, Kwon, Kee Wook "Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -" Legal Theory & Practice Review 14.1 pp.377-414 (2026) : 377.
Cho Jae Jin, Kwon, Kee Wook. Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -. 2026; 14(1), 377-414.
Cho Jae Jin and Kwon, Kee Wook. "Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -" Legal Theory & Practice Review 14, no.1 (2026) : 377-414.
Cho Jae Jin; Kwon, Kee Wook. Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -. Legal Theory & Practice Review, 14(1), 377-414.
Cho Jae Jin; Kwon, Kee Wook. Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -. Legal Theory & Practice Review. 2026; 14(1) 377-414.
Cho Jae Jin, Kwon, Kee Wook. Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -. 2026; 14(1), 377-414.
Cho Jae Jin and Kwon, Kee Wook. "Assessing the Feasibility of Public-Lawization of Risk-Based Jeonse Deposit Return Guarantees — Focusing on Regulatory Characterization and a Partial Public-Law Framework -" Legal Theory & Practice Review 14, no.1 (2026) : 377-414.
