The Commercial Building Lease Protection Act (hereinafter referred to as “this Act”) contains various provisions to protect commercial building tenants. However, if a lease agreement is concluded by a socially and economically powerful landlord who ignores the provisions of this Act, and if its validity is recognized, this Act…

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Remax Korea × Korea Cyber University: Collaboration Links Education and the Real Estate Industry, Expanding Real Estate Agent Growth. Remax Korea has signed a Memorandum of Understanding (MOU) with Korea Cyber University to foster real estate professionals. This agreement connects the practical skills required in the real estate brokerage industry with systematic higher education, fostering the growth of both current and prospective real estate agents.

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Remax Korea CEO Shin Hee-sung wins Korea University Economics AwardRemax Korea CEO Shin Hee-sung won Korea University Economics Award. This award is not just about honoring individual achievements, but also recognizing the trust and innovation that Remax Korea has built in the real estate industry…

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Spark Plus, under the slogan of ‘Beyond Space, Convenience’, creates office spaces where customers can focus on their work and adds IT technology to create the optimal work environment. Starting with the Yeoksam branch in 2016, Spark Plus has succeeded in localizing shared offices and has a customer recommendation index…

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When it comes to tonkatsu, it is a popular item loved as a national meal and snack. The brand to be introduced in this issue is a premium Japanese handmade tonkatsu specialty restaurant representing Busan that started in Busan Oncheonjang among tonkatsu franchise brands and has been loved by customers nationwide for 25 years…

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2024.11 Comprehensive Housing Price Index Note The Comprehensive Housing Sales Price Index rose in the metropolitan area and Seoul, and ended with a decline in the five metropolitan cities and local areas. The number of rising areas (101 → 83) decreased significantly compared to the previous month, the number of flat areas (3 → 3) remained unchanged, and the number of falling areas (74 → 88) increased significantly, ending with a nationwide halt in the rise and a flat finish.…

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Let's assume the following case. That is, Mr. A quit his job and decided to use his retirement money to take over and run a famous bakery located in a good commercial area. Rather than taking the risk of opening a new store, he took over a famous store with a secured customer base…

Continue ReadingReal Estate Law: Protection Measures in Cases Where a Store is Taken Over and the Transferor Operates a Store in the Same Industry