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Commercial Building Lease Protection Act — Article 10-3 (Definitions of premiums)

상가건물 임대차보호법 제10조의3

(1) The term of "premium" means a price, such as money, paid to a lessor or a lessee, other than deposits and rents, as a price for transfer or use of tangible or intangible property value, including business facilities, equipment, customers, credit, business know-how and business benefits generated from the location of a commercial building, which is paid by a person who conducts or who intends to conduct a business in a commercial building, the subject-matter of the lease.

(2) The term of "premium contract" means a contract which requests any person who intends to be a new lessee to pay premiums to a lessee.[This Article Added on May 13, 2015]

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