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Laws › Act on Report on Real Estate Transactions › CHAPTER II-2 REPORTING ON HOUSING LEASE CONTRACTS

Act on Report on Real Estate Transactions — Article 6-3 (Report on Change and Cancellation of Housing Lease Contracts)

부동산 거래신고 등에 관한 법률 제6조의3

(1) When the value of a lease, such as the deposit or rent of the relevant housing lease contract, is changed or such lease contract is canceled after a report is filed pursuant to Article 6-2, the parties to the lease contract shall jointly file a report thereon with the relevant report-receiving authority within 30 days from the date the change or cancellation becomes final and conclusive; provided, where one of the parties to the lease contract is the State, etc., the State, etc. shall file a report.

(2) Notwithstanding paragraph (1), where one of parties to a lease contract refuses to file a report, the other party may file a report solely, as prescribed by Ministerial Decree of the Land, Infrastructure and Transport.

(3) A report-receiving authority in receipt of a report under paragraph (1) shall verify the details of such report and issue a certificate of completion of report to the reporter without delay.

(4) A report-receiving authority may delegate part of its authority over the affairs prescribed in paragraphs (1) through (3) to the head of an Eup/Myeon/Dong or the head of a branch office, as prescribed by ordinance of the relevant local government.

(5) Procedures for filing a report and issuing a certificate of completion of report under paragraphs (1) through (3) and other necessary matters shall be prescribed by Presidential Decree.[This Article Added on Aug. 18, 2020]

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