Topics: tenant

Renting in Spain: Tenant or Landlord - Who Pays for Repairs?

Discover the legal responsibilities for repairs in rental properties in Spain. Find out if it's the tenant or landlord who foots the bill.

Discover the legal responsibilities for repairs in rental properties in Spain. Find out if it\'s the tenant or landlord who foots the bill.

Korean Youth Grapple with Emotional Consequences as Jeonse Housing Market Bubble Bursts

South Korea's real estate market boasts a distinctive rental system known as Jeonse, which sets it apart from other countries. Jeonse is a favored form of rental amongst Korean tenants, as it eliminates the need for monthly rent payments and obligations towards property ownership. Instead, lessees pay a one-time deposit, which can reach up to 70% of the property's value. In return, tenants enjoy a rent-free period lasting two years, after which the landlord returns the entire deposit.

South Korea\'s real estate market boasts a distinctive rental system known as Jeonse, which sets it apart from other countries. Jeonse is a favored form of rental amongst Korean tenants, as it eliminates the need for monthly rent payments and obligations towards property ownership. Instead, lessees pay a one-time deposit, which can reach up to 70% of the property\'s value. In return, tenants enjoy a rent-free period lasting two years, after which the landlord returns the entire deposit.