Gewerberaummietschutz in Südkorea: 10-Jahres-Verlängerung und Mietpreisbegrenzung

Das koreanische Gesetz garantiert Gewerbemietern ein 10-jähriges Verlängerungsrecht und eine Mietpreisobergrenze von 5%.

Key Protections

10-Year Lease Renewal Right

Tenants can demand renewal for up to 10 years from the original lease date. Landlords can only refuse in limited cases: 3+ rent defaults, unauthorized subletting, building destruction, genuine personal use need, or material breach.

Renewal requests must be made 6 months to 1 month before lease expiry.

Key Money (권리금) Protection

Key money compensates for business value — equipment, customer base, location premium.

Landlords cannot obstruct recovery by refusing successor contracts without cause, imposing unreasonable conditions, or contracting with third parties while ignoring the tenant's successor. Violations result in liability for the full key money amount.

Rent Cap: Maximum 5% Per Year

Common Disputes

Sharing Lease Terms Securely

Commercial lease negotiations involve sensitive numbers — rent, key money, special conditions. Sending these via WhatsApp group chat risks exposure.

Use LOCK.PUB to create a password-protected memo with key contract terms. Set an expiration time and share the link. Send the password separately via phone call.

• Only authorized parties can view
• Auto-deletes after expiration
• Minimizes leak risk

Summary

Korea's Commercial Lease Protection Act provides strong tenant safeguards:

1. 10-year renewal right for business continuity
2. Key money protection for fair compensation
3. 5% rent cap for predictable costs
4. Secure document management — use LOCK.PUB for sensitive lease terms