Wet bescherming commerciële huur in Korea: 10-jarig verlengingsrecht en huurplafond
De Koreaanse wet garandeert commerciële huurders een verlengingsrecht van 10 jaar en een huurplafond van 5%.
Wet bescherming commerciële huur in Korea: 10-jarig verlengingsrecht en huurplafond
De Koreaanse wet garandeert commerciële huurders een verlengingsrecht van 10 jaar en een huurplafond van 5%.
Key Protections
| Protection | Details |
|---|---|
| Lease renewal right | Up to 10 years total from original lease |
| Key money protection | Landlord liable if blocking tenant's key money recovery |
| Rent increase cap | Maximum 5% per year |
| Fixed date certification | Priority repayment from tax office |
| Opposing power | Business registration + possession survives ownership changes |
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.
| Type | Covers |
|---|---|
| Facility key money | Interior, equipment, fixtures |
| Business key money | Customer base, revenue, goodwill |
| Location key money | Foot traffic, area 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
| Situation | Cap Applies? |
|---|---|
| Lease renewal | Yes — 5% cap |
| Initial contract | No — free negotiation |
| After 10 years | No — free negotiation |
| Tacit renewal | Yes — existing terms maintained |
Common Disputes
| Dispute | Response |
|---|---|
| Renewal refusal | Demand proof of genuine personal use intent |
| Key money obstruction | Sue for damages equal to key money |
| Excessive rent increase | File for mediation |
| Deposit non-return | Lease registration order + lawsuit |
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:
- 10-year renewal right for business continuity
- Key money protection for fair compensation
- 5% rent cap for predictable costs
- Secure document management — use LOCK.PUB for sensitive lease terms
Trefwoorden
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Maak nu je met wachtwoord beveiligde link
Maak gratis met een wachtwoord beveiligde links, geheime memo’s en versleutelde chats.
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