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About 9,300 Households Face 'Long-Term Jeonse Expiry' Over the Next 5 Years — Highlights
Done 1/1 · 9:16 · 2026-10-13 16:00
Long-Term Jeonse Expiry Checklist — Do You Have to Move Out After 20 Years?
The first expirations of Seoul's long-term jeonse leases begin in 2027. Rent at 80% or less of market price with up to 20 years of residency, about 9,300 households expiring over 5 years, residents' demands for extensions and sale conversion, and the city's move-out principle — four points, laid out with scenes from the original in a 30-second checklist.