Since its founding in 2010, Real IV, a company specializing in rights search and title insurance for real estate, has been providing efficient and stable rights search work for non-life insurance companies such as Hana Insurance and DB Insurance to date, starting with a rights search business agreement with The-K Non-life Insurance. It has been carried out. Here, rights investigation refers to rights violations, such as a copy of the register, etc.

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Although small business owners are having difficulties, I would like to introduce you to the competitiveness of Bulmakgyeolsam, a cost-effective franchise brand that is growing. Why do people say that starting a restaurant is difficult? First, starting a restaurant generally costs 100 to 200 million won to start a restaurant. But it’s too expensive…

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We are RE/MAX! 2024 Agent Networking Day AND, Remax's annual event representing the Remax Korea Convention held last February, is scheduled to be held on Wednesday, June 19, 2024. AND is an abbreviation for Agent Networking Day, and the entire Remax Korea…

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2024.04 Comprehensive Housing Price Index 2024.04 Monthly Sales Price Index Note Compared to the previous month, the comprehensive housing sales price index decreased in the country, metropolitan area, and local regions, and in Seoul, it turned from flat to upward. Compared to last month, the rising areas (44 → 66) increased, the flat areas (4 → 4) remained, and the falling areas (130 → 108) decreased, resulting in a decline...

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In order to obtain preferential repayment rights for the rental deposit under the Commercial Building Lease Protection Act (hereinafter simply referred to as “this Act”), in addition to obtaining the counter requirements, a confirmed date must be met on the lease agreement. If only the counter requirements are obtained, a defense of simultaneous performance against the purchaser's transfer request may be made until the deposit is returned...

Continue ReadingReal estate law: Confirmed date in the lease agreement

Since the end of last year, I have been carrying out real estate consulting work on rental properties. The client company plans to relocate part of the facility currently in use to another building. The building in use is an apartment building with multiple tenants, and each lease contract period is…

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Mugyo-dong and Dadong are areas that can be said to be the origins of ‘food alleys’ in Korea. This commercial district, which has been around for a long time and is not occupied by franchises or a mixture of them in every major commercial district, but by long-established stores armed with their own expertise, is included in the Michelin list every year...

Continue ReadingReal Estate Knowledge: Redevelopment and Wind of Change in Seoul’s Downtown Area