Knowledge Industry Center, which was called Apartment-type Factory until 2009, changed its name to Knowledge Industry Center due to the revision of the law. It refers to a building-type factory located in an urban area, new city, or factory area. Knowledge Industry Center is a building where manufacturing facilities, knowledge industry, information and communication industry facilities, and support facilities are combined in one building…

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The Commercial Building Lease Protection Act (hereinafter simply referred to as “this Act”) applies to “commercial buildings.” This law applies to leases of commercial “buildings.” Therefore, even if it is a lease of a place used for business, if the object of the lease is not recognized as a building...

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The Commercial Lease Protection Act stipulates provisions to protect tenants of commercial buildings. However, the Commercial Lease Protection Act does not apply to all leases, but only applies to cases where the converted deposit is less than the standard amount. Then, the contents of the converted deposit, which is a requirement for application of the Commercial Lease Protection Act...

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As partial revisions to the Licensed Real Estate Act go into effect on October 19, 2023, real estate agents in private practice must explain the following when brokering a lease. 1) Information provision can be requested from the agency granting the fixed date 2) National taxes not paid by the lessor…

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2023.12 Comprehensive Housing Price Index Note The comprehensive housing sales price index shifted from rising to falling in all regions. The upward trend has continued since last July, but the upward trend slowed down after 6 months, and all of Seoul, the metropolitan area, the five major metropolitan cities, and the provinces turned downward. Concerns about a slowdown in the real estate economy...

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Korea Real Estate Service Development Association, KRESDA Introducing the first company to sign an agreement with Remax. KRESDA disseminates educational programs from developed countries domestically to provide systematic research and education on the real estate brokerage and service industries.

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Real estate experts from all over the country come together at the 2024 Remax Korea Convention The Remax Korea Convention is an event held every February, with the goal of networking, sharing knowledge and know-how among Remax members across the country, and helping each other develop further…

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In general, when the stock price of a listed stock falls, there is a strategy that large conglomerates most often use. This is a stock transfer for the purpose of succession. In normal times, a lot of taxes are incurred for stock gifts for owner management succession, so the economy…

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