Korea's No. 1 fitness brand Spoany provides differentiated Any 4 services, meaning that it is a sports center that anyone can use conveniently and without burden, anytime, anywhere, and has 21 years of business experience (as of January 2024), 100 stores. Directly managed store operation (as of January 2024),…

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KoDATA (Korea Rating Data), a technology/credit big data platform for leaders in the era of big data, was established in 2005 as a specialized corporate credit rating agency with investment from policy financial institutions and commercial banks as part of strengthening the competitiveness of small and medium-sized businesses. By accumulating over 12 million corporate databases (DB), the largest in the country...

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Reunite, Refresh, Reward, Recommit!2024 RE/MAX R4 ConventionThe world's largest real estate exhibition, Remax R4 Convention, was held at the Mandalay Bay Resort in Las Vegas, USA from Monday, March 25th to Thursday, March 28th. R4 Convention is held every year from February to March…

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2024.03 Comprehensive Housing Price Index 2024.03 Monthly Sales Price Index Note The comprehensive housing sales price index maintained a downward trend in all regions except Seoul. However, the decline narrowed across the country (-0.14% → -0.12%), the metropolitan area (-0.15% → -0.11%), the five major metropolitan cities (-0.23% → -0.22%), and local areas (-0.14% → -0.13%). It was done…

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Recently, I was asked to consider signing a contract for real estate and belatedly purchasing it as a corporation. In the end, the timing of the balance payment was so tight that acquisition as a corporation itself was not easy and did not proceed, but we considered acquisition as a corporation even before the purchase...

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The Commercial Building Lease Protection Act does not apply to all leases, and in principle applies to cases where the converted deposit is less than the standard amount. However, in certain cases, it is applied even when the converted deposit is more than the standard amount. Examples include the right to contest and renew. silver…

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Real estate title insurance, which was first introduced in 2001, is mainly used as a financial risk management tool, including guaranteeing the loan principal in the event of a loss due to a defect in the title of real estate during the mortgage loan process and being used as an investor protection device following real estate securitization...

Continue ReadingReal estate common sense: Prepare for the risk of real estate transaction accidents with a copy of the register without public trust and title insurance

A sublease agreement refers to a lease agreement in which all or part of a commercial building is entered into by a lessor (building owner) and the current lessee, and then the current lessee re-leases it to a third party within the scope of the lease. In this case, the current lessee is the lessor. To (building owner)…

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The war in Europe and the Middle East, which began before the economy, which had been depressed due to the coronavirus, could recover, also had an impact on the domestic economy. Among them, commercial real estate, which is greatly influenced by the general economy, is not doing well except for some central commercial districts such as Myeong-dong...

Continue ReadingReal estate knowledge: Change of use of a building is done with an administrator specializing in real estate licensing.