A rental house

           11^th Sept 2017 

                            Written by Kim,Chang Jim CTA

                          Translated by EunKyung, Park

1. What is a private rental apartment ?

  Private rentalapartment is the registered house according to the special law on privaterental house for rental business operator. (Special law on private rental house2-1).

2. Types of rental business

 · Enterprise lease businessoperator : having or expecting to have rental house more than 8 years.

• Common lease business operator: having or expecting to have more than one rental house.

   

3. Types of private rental house.

 · Enterprise rental house :A house possessed by enterprise lease operator more than 8 years for lease.

• Quasi public rental house: Ahouse possessed by common lease operator more than 8 years for lease.

• Short period rental house : ahouse possessed by common lease operator more than 4 years for lease.