Living in Korea: Key Terms
계약 기간 2년
gyeyak gigan inyeon · Two-year lease
What it is
Residential leases are protected for two years by law, and tenants can usually ask to renew once.
Where newcomers get stuck
Leaving early usually means finding the next tenant or negotiating with the landlord.
What you need
Know your end date and give notice before it.
Useful sentence
계약 갱신하고 싶어요.gyeyak gaengsinhago sipeoyo.I'd like to renew the lease.
Rules and costs change and vary by district and building — no prices here. Check with your agent, building office or the official sites before you decide.