The starting point of the problem: Should electricity be provided even if rent isn't paid? When a commercial lease dispute arises, both landlords and tenants can easily become emotional. Especially when a tenant is long overdue for rent or avoids contact, the landlord feels compelled to at least cut off the electricity...

Continue ReadingReal Estate Law: Can Tenants Who Are Late on Rent Be Disconnected?

2025.10 Comprehensive Housing Price Index [Sales] The national housing sales price index in October 2025 rose 0.291 TP3T from the previous month, continuing its upward trend for the seventh consecutive month. Seoul, in particular, rose 1.191 TP3T, significantly exceeding the national average, and key areas with excellent residential conditions, education, and transportation infrastructure…

Continue ReadingReal Estate Market Report

Reviving Aging Accommodations: A New Combination of Real Estate and Hospitality. Global real estate franchise REMAX Korea has partnered with hotel management specialist AZMT to launch a new project aimed at revitalizing the value of vacant properties. The two companies signed a strategic memorandum of understanding (MOU) on November 7th…

Continue ReadingRemax X AZMT… A New Combination of Real Estate and Hospitality

November, Accelerating Global Network Expansion...The Trends of Change Driven by Remax Korea. During November, Remax Korea made significant progress in several areas, including strengthening global network cooperation, announcing agent and franchisee performance, and hosting franchisee show property events.

Continue ReadingNow at Remax

With the announcement of the results of the 36th Certified Real Estate Agent Examination in 2025, the real estate brokerage industry has already entered a fierce hiring competition. Real estate offices across the country are posting job openings with various conditions to secure new agents, and social media and job search platforms are flooded with advertisements like "yield..."

Continue ReadingReal estate agent recruitment season begins… Here's what you need to know about choosing a good brokerage.

The Act on the Ownership and Management of Multi-unit Buildings (hereinafter referred to as the "Multi-unit Building Act") raises significant questions regarding which parts of a building are exclusive and which are common. The "exclusive portion" refers to the portion of a building that is the subject of sectional ownership (Article 2, Paragraph 3 of the Multi-unit Building Act). Article 1 of the Multi-unit Building Act…

Continue ReadingReal Estate Law: Exclusive and Shared Portions

When Korean nationals, foreign nationals, or overseas Koreans residing abroad engage in domestic real estate transactions and contracts, and are unable to visit the transaction site in person, they are required to delegate legal authority to a trusted agent. This document must be completed…

Continue ReadingReal Estate Knowledge: A Practical Guide to Powers of Attorney, Notarization, and Apostilles for Overseas Residents