Your store has a lot of regular customers, so sales are quite high, and you recently spent a lot of money renovating the interior. However, as the expiration date of the lease period approaches, the building owner says he has no intention of renewing the lease and asks me to vacate the building…

Continue ReadingReal estate law: Termination of lease period and recovery of investment money

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…

Continue ReadingReal estate law: When the converted deposit exceeds the standard amount 3

The Commercial Building Lease Protection Act does not apply to all leases, but only applies to cases where the converted deposit is less than the standard amount. However, in some cases of the Commercial Building Lease Protection Act, it is applied even if the converted deposit is more than the standard amount (Article 2, Paragraph 3 of the Commercial Building Lease Protection Act).

Continue ReadingReal estate law: When the converted deposit exceeds the standard amount 2

The Commercial Building Lease Protection Act does not apply to all leases, but only applies to cases where the converted deposit is less than the standard amount. However, in some cases of the Commercial Building Lease Protection Act, it is applied even if the converted deposit is more than the standard amount (Article 2, Paragraph 3 of the Commercial Building Lease Protection Act).

Continue ReadingReal estate law: When the converted deposit exceeds the standard amount

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...

Continue ReadingReal estate law: concept and scope of converted deposit