hug 전세보증보험 가입방법It is an exciting economy that delivers only the information necessary for daily life. It is said that a lot of lease fraud has been occurring recently. We are going to look into rental deposit insurance that can prevent this.
I sincerely hope that those who are looking into global contracts should check them out and protect their precious assets.
HUG lease guarantee insurance
HUG lease guarantee insurance
Jeonse is a system in which a lessor rents out a house for a certain period of time through a two-party contract with the lessee. At this time, the tenant pays a deposit, called jeonse, to the landlord. When the charter period expires, this deposit is returned and the contract is terminated.
But what should you do if a situation arises where you cannot get your deposit back from the landlord? What if the landlord’s house is put up for auction and the dividend is not received, or only a portion of it is received? Just imagining it would create a situation that would be so heartbreaking.
In this case, what you need is ‘rental guarantee insurance’. When the above situation occurs, HUG (Housing and Urban Development) can prevent damage to the tenant by returning the deposit on behalf of the landlord.
※ caution
1. Starting in 2018, tenants can apply alone without the consent of the lessor (landlord).
2. Starting from 2021, registration is mandatory for real estate rental business operators (violation is subject to imprisonment of up to 2 years or a fine of up to 20 million won).
3. You must apply before 1/2 of the lease contract period has elapsed.
HUG lease guarantee insurance
Tenants who have signed a contract for multi-family, single-family, multi-unit, townhouse, multi-generational housing, elderly welfare, residential officetel, apartment, etc.
※ caution
1. Officetels must indicate “residential use” in the main use section of the contract.
2. Public residences, family daycare centers, local Hadong centers, neighborhood living facilities, and group homes are excluded from membership.
3. In the case of a corporation, subscription is possible under the condition of transferring the leasehold right to HUG (Housing and Urban Corporation).
HUG lease guarantee insurance
1. It must be a house where the tenant actually resides.
2. You must receive a move-in report and confirmation date.
3. The sum of the deposit and senior debt (existing debt) must not exceed the price of the house, and the senior debt must not exceed 60% of the house price.
4. There must be no infringement on ownership of the house (seizure, forced auction, etc.).
5. Must not be subject to HUG (Housing and Urban Development) ban.
6. The contract must be made through a licensed real estate agent.
7. The rental deposit must be 700 million won or less in the metropolitan area and 500 million won or less in other areas.
8. As of the date of application, there must be no history of moving into another household on the moving-in household alarm statement (except for single-family, multi-family, and multi-family homes).
If you would like to know how to issue a moving-in household inspection statement, you can do so by accessing the link below.
2023.05.22 – [Exciting Life Economy Story] – How to issue a moving-in household registration certificate (Ft. Is it possible to issue it online?)
How to issue a moving-in household registration certificate (Ft. Is it possible to issue it online?)
It is an exciting economy that delivers information necessary for everyday life. Today, I am going to post about the “Movement House Information Center,” which you must check to reduce the damage from lease fraud, which has recently become a problem.
nice-economy.tistory.com
The concept you must be aware of here is the concept of ‘senior bonds’. To put it simply, it is how much debt the homeowner has using the house as collateral. Let me explain it easily with an example.
Homeowner A borrowed 500 million won from a bank while purchasing a house worth 1 billion won. At this time, the senior bond is 500 million won, and the ratio of the house price to the senior bond is 50%.
HUG lease guarantee insurance
To sign up, you can apply by visiting the trust bank or visiting a National Housing and Urban Corporation branch.
Check required documents and submission documents for guarantee fee discount
※ Consignment bank
Shinhan, Kookmin, Woori, Enterprise, KEB Hana, Nonghyup, Busan, Gyeongnam, Gwangju, Suhyup, Daegu Bank
Check the dedicated call center for the Corporation’s branches and consignment banks
Mobile applications can also be made through Naver Real Estate, Kakao Pay, or Kookmin Card APP.
1. The insurance amount, which could be up to 100% of the sale price, has been lowered to 90% of the sale price from May 1, 2023.
2. The method of calculating the housing price has also been changed from the appraised value to within 126% of the actual transaction price and the publicly announced land price.
Please note that the subscription amount and conditions for subscription are becoming more and more stringent.
This concludes my post about HUG rental guarantee insurance. If you found it helpful, please subscribe.
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