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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.

Try yours