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AsiaToday reporter Hong Sun-miThe ruling and main opposition parties agreed Wednesday to revise a special bill mandating a new investigation into the.. ....
The main opposition said Friday it was looking to railroad more contentious bills before the new parliament members are sworn in, a day after it passed an amended version of the revision to the Grain Management Act that was vetoed by President Yoon Suk Yeol last year. Democratic Party of Korea leader Lee Jae-myung emphasized the urgency of passing key bills, including an amendment to the law that strengthens protecti. ....
In real estate transactions, where expenses can range from several million to hundreds of millions of won, there is an inherent anxiety involved. The growing incidence of rental fraud exacerbates the fears of those new to the real estate world. This is a market characterized by heightened information asymmetry, a defining trait of the real estate industry. ....
Jeonse refers to a system unique to Korea in which a lessee gives a lessor a large refundable deposit instead of paying monthly rent. Under a typical two-year jeonse contract, a lessor would return the deposit upon expiration of the contract. If the expected interest on the deposit is less than the monthly rent, as is often the case, a jeonse contract can be financially advantageous to the lessee. However, there are . ....