What is Korea's rental transaction reporting system?

It's a mandatory system requiring landlords and tenants to report jeonse (lump-sum deposit) and wolse (monthly rent) contracts to local government within 30 days. It applies to contracts with deposits over 60 million KRW or monthly rent over 300,000 KRW.

What happens if I don't report my rental contract?

You may face a fine of up to 1 million KRW for non-reporting or false reporting. Both landlords and tenants can be penalized. The grace period has ended, and fines are now actively enforced.

How do I report a rental contract in Korea?

You can report online through the Real Estate Transaction Management System (rtms.molit.go.kr) or Government 24 (gov.kr). Offline reporting is available at your local community center (주민센터). Either the landlord or tenant can file independently.

Do I get a fixed date (확정일자) automatically when I report?

Yes, reporting your rental contract automatically grants you a fixed date stamp, which is essential for protecting your deposit legally. You no longer need to visit a community center separately for this.

Korea Rental Transaction Reporting 2026: Tenants & Landlords

Korea’s rental transaction reporting (jeonwolse singoje) is mandatory for contracts with deposits over 60 million KRW or monthly rent over 300,000 KRW, and must be filed within 30 days. Fines for non-compliance are up to 1 million KRW for both tenants and landlords. The easiest reporting methods are the government’s online portal (rtms.molit.go.kr) or visiting your local community center (jumin center). The key benefit of reporting is automatic confirmed date (hwakjeongil) for deposit protection, eliminating the need for a separate trip to get it stamped.

What Is the Rental Transaction Reporting System?

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The system requires all qualifying jeonse (전세, lump-sum deposit) and wolse (월세, monthly rent) contracts to be reported to local government authorities.

The goals are straightforward:

Increase transparency in the rental market
Build official data on rental prices and trends
Prevent rental fraud (전세 사기)
Automatically grant fixed-date stamps for tenant protection

Who Needs to Report?

Contracts That Must Be Reported

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Deposit (보증금) exceeding 60 million KRW
Monthly rent (월세) exceeding 300,000 KRW
If either condition is met, reporting is mandatory
Applies to new contracts, renewed contracts (with changed terms), and terminations

Exempt Contracts

Deposit of 60 million KRW or less and monthly rent of 300,000 KRW or less
Special housing like school dormitories or company housing

Deadline

Within 30 days of signing the contract
Late reporting may result in fines

What Are the Penalties?

Non-reporting: Fine of up to 1 million KRW
False reporting: Fine of up to 1 million KRW
Fines vary based on delay duration and contract amount
Both landlord and tenant may be fined separately

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How to Report

Online (Recommended)

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Visit the Real Estate Transaction Management System (rtms.molit.go.kr)
Log in with your Korean ID verification
Select the rental contract reporting menu
Enter contract details (address, deposit, rent, contract period)
Attach a copy of the lease agreement
Submit — fixed date stamp is automatically granted

You can also report through Government 24 (gov.kr).

Offline

Visit your local community center (주민센터/행정복지센터)
Submit a reporting form with a copy of your lease
Either landlord or tenant can report independently

Through a Real Estate Agent

If you used a licensed agent, they can file the report on your behalf
Ask your agent at the time of contract signing

Automatic Fixed Date Stamp

One major benefit of reporting is the automatic fixed date stamp (확정일자).

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This is a critical legal protection for tenants that establishes your priority right to recover your deposit. Previously, you had to visit a community center and pay a fee separately. Now it’s free and automatic with your rental report.

Given the ongoing concerns about jeonse fraud in Korea, this alone makes reporting worthwhile.

Do I Need to Report Contract Renewals?

Renewals with changed amounts: Yes, must be reported
Same-term automatic renewals: No reporting needed
Tacit renewals (묵시적 갱신): No reporting needed if amounts unchanged
Contract termination: Must be reported

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What Are the Key Takeaways?

The rental reporting system adds a small administrative step, but the benefits — especially the automatic fixed date stamp — make it well worth the effort. With penalties now being enforced, don’t risk a fine.

Report within 30 days of signing. It takes about 10 minutes online.