What are the main rental types in Korea?

According to the Korean government's legal guide on residential leases (easylaw.go.kr), there are generally four ways to use someone else's home. The main difference is how you pay: a large deposit with no monthly rent, a deposit plus monthly rent, or all rent paid upfront.

| Type | How it works | |---|---| | Jeonse (registered) | A large deposit (jeonse deposit) is paid, and no monthly rent is charged. The jeonse right is registered. | | Unregistered jeonse | A jeonse deposit is paid with no monthly rent, but the right is not registered. | | Banjeonse or wolse | A deposit is paid along with monthly rent. | | Sagseulse | All rent for the lease period is paid in advance. |

What is the difference between a jeonse right and a lease?

The guide explains that a jeonse right is a real right, and a lease is a contractual right. Under the Civil Act, a jeonse right requires registration, while a lease registration is optional. A jeonse right can be transferred or sublet without the landlord's consent, but a lease needs the landlord's permission.

Which law protects tenants?

Residential leases are governed first by the Housing Lease Protection Act. Contract terms that violate this Act and disadvantage the tenant have no legal effect. Where the Act is silent, the Civil Act's lease rules apply.

For international fans

If you are considering renting in Korea, understanding the difference between jeonse and wolse will help you compare deposits and monthly costs. The official guide notes that its content is not a binding legal opinion. For specific questions, contact the relevant agency or submit a query through the national petition site. The guide was current as of September 30, 2026.