App Service to Provide 'Jeonse Fraud Risk' Information to Launch in September

Starting this September, a new service will be launched allowing users to check critical information related to Jeonse fraud risks—such as senior deposits, the status of collateral security rights, and the landlord's tax arrears—all in one place before signing a lease contract.
The Ministry of Land, Infrastructure and Transport announced today (June 18) that it held a joint meeting with relevant ministries, including the Ministry of Justice, the Ministry of the Interior and Safety, the Financial Services Commission, and the National Tax Service, to review the implementation status and future plans for the Jeonse fraud prevention measures announced by the government last March.
Until now, prospective tenants had to obtain the landlord's consent and visit multiple government offices to secure information on senior rights regarding a rental property. Even after obtaining the information, many struggled to analyze the complex legal relationships involved.
In response, the government announced a plan in March last year to build an integrated information system that links various data managed by different ministries—such as property registration, fixed-date stamps, and resident registration—to analyze and provide information on senior rights.
Relevant agencies have finalized 57 types of data to be linked, including real estate registries (National Court Administration), fixed-date stamp records (Ministry of Land, Infrastructure and Transport/National Court Administration), resident registration information (Ministry of the Interior and Safety), building ledgers (Ministry of Land, Infrastructure and Transport), lease transaction data (Ministry of Land, Infrastructure and Transport), national and local tax arrears (National Tax Service/Ministry of the Interior and Safety), and credit information (Korea Credit Information Services). Work on connecting these networks is now underway.
The service will be provided through the 'Ansim Jeonse' (Safe Jeonse) application operated by the Korea Housing & Urban Guarantee Corporation (HUG) starting this September.
The app will provide 'Housing Risk' diagnostic information, which helps determine if a property is risky by comparing its market value with senior deposits, and 'Landlord Risk' diagnostic information, such as the landlord's eligibility for Jeonse guarantee insurance, the number of active guarantees, tax arrears, and loan delinquency status. These will be displayed in categories of 'Safe,' 'Caution,' and 'Risk.'
The government also plans to promote the availability of this service on popular private real estate platforms.
The Ministry of Land, Infrastructure and Transport reported that it is accelerating measures to adjust the timing of when a tenant's 'right of opposition' (daehangryeok) takes effect, aiming to prevent landlords from exploiting the time gap between a tenant's move-in and the legal effectiveness of their rights to secure bank loans.
Currently, if a landlord takes out a mortgage loan immediately after signing a lease but before the tenant's right of opposition takes effect, that loan becomes a senior claim. If the building is later put up for auction, the tenant's deposit is pushed to a lower priority for repayment.
To prevent such harm to tenants, the government has included a plan in its Jeonse fraud prevention measures to change the effective time of the right of opposition from the current '0:00 AM on the day after resident registration' to 'immediately upon registration,' and is currently pushing for relevant legal amendments.
Once the timing for the right of opposition is adjusted, a system will also be established to accurately verify the priority between collateral security rights and the right of opposition by comparing them down to the hour, minute, and second.
Kim Yi-tak, First Vice Minister of Land, Infrastructure and Transport, stated, "Jeonse fraud can be significantly reduced if senior rights are properly verified and risks are avoided." He added, "The government will ensure that information scattered across administrative networks is connected and transformed into practical data that citizens can use during the actual contract process, and we will stay committed to ensuring tenants can sign contracts with peace of mind."
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.