Two months ahead of the implementation of the rent to cheonsei system… Trembling homeowners

The government decided to carry out a trial operation from April, with two months ahead of the ‘Jeon rent report system,’ which the government decided to implement from June. All the contents of the rent to cheonsei contract are reported to the local government, so the level of the rent to cheonsei becomes clear.

In the market, it is analyzed that the new lease law (the right to apply for renewal of contracts and the monthly tax limit system), which took effect at the end of July last year, will be implemented in earnest after the rent to cheonsei report system, which will bring a major change to the rental market. However, there is also a prospect that the rental market will fluctuate as some landlords whose rental income is evenly revealed will raise the rent for cheonsei.

The Ministry of Land, Infrastructure and Transport said in the presidential business report held on video at the government’s Sejong Government Complex on the 16th, “In accordance with the implementation of the lease reporting system in June, we will prepare related matters such as moving-in notification for the convenience of the reporter, linking the confirmation date, and online reporting.” “The rental lease reporting system will be piloted in advance in April for some regions and will also be promoted to disclose information on actual rental transactions in November.”

When the lease reporting system is introduced, the lessor must report the rent, down payment, rental period, and intermediate payment within 30 days. When rental conditions such as monthly rent or down payment change, a report is also required to the local government.

The government expects that when the lease reporting system is implemented, all the contents of the rent to cheonsei contract will be reported to the local government, and it will be revealed clearly what the rent price is in which neighborhood.

An official from the Ministry of Land, Transport and Maritime Affairs said, “The outline operation plan of the rental lease reporting system will be included in the amendment to the Enforcement Decree of the Real Estate Transaction Reporting Act, which will be announced in March,” and said, “The scope and region of the demonstration target has not been determined. I’m going to reveal it more,” he explained.

It is now possible to accurately grasp the jeonse rental transaction, which has been close to the dark. According to government statistics, out of the total rental housing (about 6.73 million households), only 22.8% (about 1.35 million households) of the housing that can identify the rental status was found.

If the rent to cheonsei system is in effect, the landlord will not be able to call a price that differs significantly compared to similar properties in the same complex or nearby, thereby reducing the damages of tenants signing contracts at unreasonable prices. It seems that it will be possible to prevent tax evasion, such as expedient gift or inheritance, using cheonsei as a way to obtain expensive jeonse to children.

However, in the case of landlords whose rental income is fully exposed, the tax burden will inevitably increase. This is why there is concern about the move to pass on the increased tax burden to tenants. Also, in the same complex, problems such as the difference in the jeonse price of hundreds of millions of won depending on the number of dong lakes may arise.

The rent to cheonsei system is a system that supports the rent to cheonsei system and the right to apply for contract renewal based on accurate statistics, and was introduced with the aim of promoting tenants’ housing stability. However, there is a prospect that the rental market will fluctuate just as the price of the house fluctuates as the number of tenants who cannot find a house due to jeonse and return to purchase since August of last year when the new lease law went into effect and turned into trading demand.

An industry expert said, “With the increase in public prices and various tax increases, the burden of ownership tax increases, and if rental income tax is imposed, the tax burden of landlords will rapidly increase in a short period of time.” I will.”