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If you are actually trying to rent out an apartment or condo in Jeonse, Korea, you will definitely require to spend a jeonse prior to you can relocate.
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In the South Korean real property market, the jeonse, also called Chonsei or even Key Money Deposit, is actually a lease.
Lessees make lump-sum down payments on rental area equal to 50% to 80% of the marketplace worth.