Summary of "전세 3+3+3 계약갱신청구권, 문제는 그게 아니다"

Summary of Finance-Specific Content from Video “전세 3+3+3 계약갱신청구권, 문제는 그게 아니다”

Amendments to the Housing Lease Protection Act (Article 33) affecting real estate leasing and ownership transactions in South Korea.
Changes to lease renewal rights (3+3+3 contract system), tenant protections, and landlord obligations.
Introduction of a tenant permission system for property transfers.
Regulation of jeonse (long-term lease deposit) limits relative to property price.
Impact on real estate transactions, fraud prevention, and tenant rights.

Real estate properties subject to jeonse (long-term lease deposit) contracts.
No specific tickers or financial instruments like stocks, ETFs, or bonds mentioned.
Reference to bank loans secured by mortgages on leased properties.
Mention of housing lease registration and leasehold rights as legal instruments.

Lease renewal claim right extends from the current 2 years to a total of 9 years under a 3+3+3 contract system (three consecutive 3-year terms).

Landlords must notify tenants in writing about any transfer of the leased property to a new owner.
Tenants have the right to block the succession if they object.
The new landlord’s obligation to return the deposit depends on tenant notification; otherwise, the original landlord remains liable.
This effectively creates a tenant permit system for property sales, potentially restricting buyers without tenant approval.

Landlords must cooperate to register the house lease immediately after the tenant pays the full deposit.
Failure to register allows the tenant to terminate the contract.
Registration will require additional documentation such as health insurance premium certificates alongside tax payment certificates.

The total amount of the jeonse deposit plus first priority security interest and national/local tax arrears cannot exceed 70% of the property price.
Example: For a house priced at 1 billion KRW, the maximum allowable deposit is 700 million KRW.
This aims to curb unsecured gap speculation and rental fraud.
Properties priced between 100 million to 300 million KRW may face challenges due to these limits, potentially requiring more upfront cash from buyers.

The effective date for tenant rights activation is moved to midnight on the day of tenant possession and resident registration, instead of the next day, to prevent fraud exploiting time gaps.

Must disclose financial ability (e.g., bank account balances) to tenants to gain permission for purchase.
Risk of purchase delays or inability to buy if tenants withhold consent.
Potential difficulty in reselling or buying properties with existing tenants due to the tenant permit system.

Increased administrative burden to register leases and notify tenants of transfers.
Possible restrictions on selling properties if tenants do not cooperate.

Tenant pays full deposit and moves in; landlord must register the lease immediately.
Landlord notifies tenant of any property transfer; tenant consents or objects.
Tenant exercises right to block transfer if objection is valid.
Deposit limits enforced relative to property price (max 70%).
Lease renewal rights extended, allowing tenants to stay up to 9 years.
Buyers must demonstrate financial capability to tenants to proceed with purchase.

Lease renewal claim period: Up to 9 years total (3+3+3 years).
Deposit limit: Max 70% of property price (e.g., 700 million KRW on 1 billion KRW house).
Lease rights activation: From midnight on tenant move-in day.
Typical jeonse rate: 50-60% for houses priced 1 billion to 1.5 billion KRW.

Buyers and sellers should prepare for increased tenant involvement in transactions.
Tenants should be aware of their expanded rights, including blocking transfers and requiring lease registration.
Market participants should anticipate potential transaction delays and increased documentation requirements.
The law aims to reduce fraud but may introduce complexity and liquidity issues.
The presenter encourages joining a VIP real estate group for further discussion and expert advice.

No explicit financial advice given; content is educational and for awareness.
The presenter notes the controversial nature of the law and ongoing public opposition.

The video is presented by a real estate professional with over 10 years of industry experience.
Reference to Representative Han Chang-min and a group of 10 lawmakers proposing the amendment.
The presenter invites viewers to join a VIP group chat and offline seminars for deeper insights.

End of Summary