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A Study on the Compensation and Relocation Measures of Shop Tenants by Business Period: Focused on the Questionnaire Survey for the Shop Tenants

  • Korea Real Estate Review
  • 2011, 21(1), pp.131-154
  • Publisher : korea real estate research institute
  • Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate

정주희 1 Kim, Hocheol 1

1단국대학교

Accredited

ABSTRACT

The purpose of this study is to provide policy suggestions and improvements for shop tenants by examining their features depending on business period and their opinions on the compensation and relocation measures. For an empirical analysis, shop tenants were divided into three groups according to their business period. Then a frequency analysis and a crosstab analysis were conducted among the groups. The policy suggestions of this study are as follows. First, the research results revealed that mid- and long-term shop tenants are highly likely to have negative perception about pursuing urban renewal project than the short-term counterparts from the aspects of capital expenditure and economic difficulty respectively. Therefore, when there are no compensations corresponding to their potential loss, it may bring difficulties in propelling the urban renewal project. Second, as it takes a long time to build customer loyalty and to develop a shopping district, it can be considered the way to differentiate the standard of operation loss compensation. Third, relocation measures should be taken compulsorily for shop tenants, it is required to set forth penalty provisions to regulate the developer who did not implement it. Fourth, a measure should be taken exclusively for shop tenants who are expected to lose both their dwelling and working place. Fifth, shop tenants should be provided with more opportunities to express their opinions. Also, it needs a contemplation to disclose mandatorily the detailed statement of estimating operation loss compensation.

Citation status

* References for papers published after 2023 are currently being built.