Jeonse deposit guarantee insurance (전세보증금 반환보증) is South Korea’s statutory shield against landlord insolvency. If your landlord fails to return your deposit upon lease expiration, public institutions like HUG or HF repay the full amount directly to you.
💡 3-Minute BriefCore Guidelines
- 126% Rule: Your jeonse deposit plus senior liens must not exceed 126% of the officially published housing price (공시가격).
- No Landlord Consent: Tenants can unilaterally enroll via mobile apps (Naver Pay, Toss, KakaoPay).
- ₩300,000 Fee Refund: Young adults (under 39) with annual income below ₩50M receive up to ₩300k cash reimbursement from local governments.