The Business Building Lease Protection Act was enforced on November 1, 2002. In Korea the homeless have to lease others`house for their steady housing life. But Business Building Lease Protection Act shall apply in the case that a main part of a lease...
The Business Building Lease Protection Act was enforced on November 1, 2002. In Korea the homeless have to lease others`house for their steady housing life. But Business Building Lease Protection Act shall apply in the case that a main part of a leased building is used for a purpose of business. The Business Building Lease Protection Act limits the sphere of application the amount of the deposit money. For example, in Nam Won city the limit is 140,000,000 won and Seoul city the limit is 240,000,000 won. The Business Building Lease Protection Act has problems to be adjustment. This study takes aim at investigating the changes and background of the Business Building Lease Protection Act. I hope that this study will be resolve the dispute between the contracting parties. This study may be significant in protecting their rights of business building lease.