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What does it mean to rent a house in Korea?

Full rent is between buying a house and renting a house. Generally, it is necessary to give the landlord about one-third of the house price as a deposit at one time, sign a two-year contract, and have no monthly rent for two years. After the expiration of two years, the landlord will refund your deposit in full.

Extended information ① Rental refers to the behavior of one or more tenants to rent a single room or a whole set of rooms in order to meet the desire of residence, business use or commercial and residential use.

There are two kinds of rental houses in Korea, full tax houses and monthly tax houses. All-tax house is what you call all-rent house, which means giving the landlord a sum of money (not a small fee) to live in this house, and the landlord can use your money to do business or something. You can live any time. When you move out, the landlord will refund all the money you rented at that time. A house with monthly tax is just like renting a house at ordinary times, and the money is paid once a month.