February 2026 marked a time for Remax Korea to establish its brand direction while simultaneously demonstrating network cohesion and execution capabilities. Despite the typical wait-and-see atmosphere of the beginning of the year, franchisees and agents nationwide achieved results on the ground and actively engaged with the market through exchanges and collaborations. Centered around the Korea Convention…

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Unlike the residential market, the commercial real estate (office, retail) leasing market has its own unique terminology and practices. In particular, the terms "fit-out" and "rent-free" frequently appear during rent negotiations, and the method of calculating costs by integrating them...

Continue ReadingReal Estate Common Sense: A Practical Guide to Understanding Commercial Real Estate Lease Terms

Today, we'll explore the newly revised tax laws for 2026, specifically those related to housing. First, we'll expand the "Special Provisions for Housing Acquisition in Areas with Declining Populations." This special provision applies to single-homeowners who acquire a home in a declining population area, regardless of their existing ownership…

Continue ReadingReal Estate Taxes: Housing Tax Revisions for 2026

The Act on the Ownership and Management of Apartment Complexes (hereinafter referred to as the "Apartment Complex Act") defines a "partial common area" as a portion of a common area that is clearly provided for the exclusive use of a portion of the unit owners. Such a part of the common area belongs to the common ownership of the unit owners who share it (Article 10, Paragraph 1 of the Apartment Complex Act). A part of the common area…

Continue ReadingReal Estate Law: Distinction Between Full and Partial Common Areas

The real estate market is always quiet at the beginning of the year, but the clock is already ticking on policy and regulation. Declining occupancy rates, supply measures, regulatory extensions, capital movements, and even local elections. This year, the real estate market is at a point where it's crucial to prioritize variables over prices. Occupancy rates…

Continue ReadingKey Variables That Will Shape the Real Estate Market in 2026

Busan Real Estate Market Outlook for 2026: A Look at It On the Ground While local real estate markets outside the Seoul metropolitan area are undergoing a prolonged period of adjustment, a different signal is already emerging in the Busan real estate market. The term "transaction cliff" is becoming less relevant on the ground…

Continue ReadingBusan is back on the rise. There's no indiscriminate growth... It's an era of selective attention to scarcity and profitability.

 Remax Korea kicked off 2026 with a field-focused program. Remax Korea kicked off 2026 with a variety of programs focusing on education, recruitment, and field engagement. Despite the changing market environment, we are committed to supporting franchisees' brokerage sales...

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Introduction: The landlord in front of me is not the owner on the register! I was introduced to a rented apartment for less than market value, with a clean building and no mortgage (registered). Wanting to sign a lease right away, I obtained the real estate registration certificate, only to see a smiling face in front of me in the owner column...

Continue ReadingReal Estate Common Sense: Trust Property: What's the Key to a Safe(?) Lease Agreement?