<Anchor>

Friendly economy, reporter Kwon Ae-ri is also here today (20th). Reporter Kwon, the government yesterday decided to lower the rent to cheonsei ratio. What does this mean?

<Reporter>

Yes, this plan, announced by the government yesterday, is a complementary measure to reduce the burden of paying monthly rent for tenants under the current situation, and to prevent landlords from becoming an attractive substitute for jeonse.

The rent to cheonsei ratio is the ratio of ‘how much is right to receive per month?’ when converting cheonsei into monthly rent. There is a statutory rate. Now it's 4%.

Adding 3.5% to the base rate is 4% because it is the current statutory rate, and the government will reduce the addition rate to 2% in the future. Then it will be 2.5% at the current base rate.

For example, from a jeonse of 600 million won to a so-called'reverse jeonse', only 300 million won is left as a deposit, and 300 million won is returned as monthly rent.

Then, based on the legal rent to cheonsei ratio, you can now receive 1 million won per month. However, if the new legal conversion rate is applied, tenants only need to pay 625,000 won per month.

Changing the statutory rent to cheonsei ratio in this way requires only changing the enforcement decree under the law, so there is no need to go through the votes of lawmakers after being reviewed by the National Assembly.

If the government changes it, it can be changed immediately, so the plan is to be implemented in this manner starting in October.

<anchor>

However, isn't this the rent to cheonsei ratio a compulsory standard?

<Reporter> In

fact, so far, the standard character that both landlords and tenants refer to along with the market price has been strong. In the first place, there was no limit on the rent that could be raised every two years.

In the case that the rent is changed to monthly rent or reverse tax, the landlord's point of view is "There may be people who will live this much at the price of our neighborhood," and the tenant "I gave this amount to live in this house." It was like a reference standard.

However, the legal rent to cheonsei ratio is now much more important than ever since the four-year lease is guaranteed, and the upper limit on rent that can be raised after two years, which is the middle point, has been forcibly set.

If the landlord asks for a new tenant after four years from now, in fact, the new tenant will receive either a jeonse or a monthly rent depending on the market price. So, this revision doesn't mean much at that time.

When the tenant who lived renews to live for two more years, the issue is when the landlord says, "Then, let's go to the monthly rent or reverse tax."

That's the reason for the tenant to say, "Then you can only raise your charter rent up to 5%. If you want to convert that into monthly rent, so far you could claim up to 4% in court, but now only 2.5%."

The reason why the government decided to add only 2% of the rent to cheonsei ratio to the base rate is that it will bring the rent to cheonsei closer to commercial bank interest.

Currently, the rate of transfer from households in the market is around 2% from the standard rate of 0.5%. Is to go closer here. However, there are several burdens on the landlord that the bank does not have to bear.

For example, not only the ownership tax, but any defects in the house have to be fixed. Considering that, it will not be possible to say'do the same as the interest rate from all households', but it is a new enforcement decree that allows only up to a level of 2% added to the base rate.

<Anchor>

I think there are many cases like this, but on the contrary, what if the rent is changed to a jeonse?

<Reporter> This

is a very rare case now, but in the opposite case, the Ministry of Land, Infrastructure and Transport says that you should refer to the market price two years ago, not the current time of lease renewal.

The rent to cheonsei ratio applies only when the cheonsei is converted to monthly rent or reverse tax. There are no clear legal standards when converting monthly rent to cheonsei.

Therefore, it became obligatory for the landlord to see this new enforcement decree and renew it once more to the tenant now, but as we increase the monthly rent, if all the things that were received less are converted to jeonse, then it can be received according to the market price around our house these days. You might think there is.

However, even in this case, the interpretation of the Ministry of Land, Infrastructure and Transport is that the landlord and the tenant should negotiate a new jeonse price based on a maximum of 5% from the jeonse price two years ago, not the current price.

If the tenant and the landlord and the landlord and the landlord and the landlord and the landlord and the landlord and the landlord agreed to convert the rent to the current market price charter under mutual agreement, if the tenant later filed a lawsuit for returning unfair gains, saying, "It is a bit unfair to think about," "The landlord is disadvantageous. The Ministry of Land, Infrastructure and Transport interprets that unless it has changed from the market price plus 5% to the charter.