UN Realty Service ::: realtyservice.co.kr

Eighty percent of international residents in Seoul live in U.N. Village, Itaewon, Hannam-dong, Dongbingo-
dong, Bangbae-dong, Songbuk-dong and Kangnam areas. We specialize in these areas for international
clients. If you want to find location of the above areas, please go to Menu of the webpage and click " Map ". To meet the needs of the growing international, there are many western style residences. New housing
units have a western style floor plan instead of a typical Korean layout.

	Individual House single family houses are usually quite large and have a small to mid-sized garden. Houses vary in size from 50 to 100 pyung living space, and from 100 to 250 pyung for the whole land area. They have 2-5 bedrooms and 2-3 baths. Most new houses have city gas floor heating.
	Villa Villas are similar to western style condominiums usually less than 5 stories high with under 10 units per building. Sizes of villas range from 40 to as large as 100 pyung with 2-5 bedrroms and 2-3 baths.Most villas are furnished with basic appliances such as gas oven, refrigerator, dish washer, washing machine and air conditioning.
	Apartment Apartments are largely in western style, high rise building complexes. They are usually smaller than houses and villas, but an apartment complex often includes a supermarket, bakery, laundry room and other facilities.
	Studio This is a kind of one-room flat with less than 5 stories and a parking lot. College vicinities such as Shinchon and Shillim-dong are the areas where you will find this type of apartment.
	Officetel(Office + Hotel) ?Designed for a residence-cum-office, these are concentrated mainly in the Gangnam area.

ADVANCE PAYMENT (RENT)
This is most common method in foreign communities in Seoul. It requires advance payment of the total monthly rental for the entire lease terms. The contract is usually signed for 2 to 3 years. No money is returned at expiration of the lease. But pre-paidrental is refundable prorata for the unexpired term of lease, if the lease is terminated prior to expiry date. One of the merits of this method is that the landlord is responsible for maintenance during the lease period. Rent does not include utility costs such as electricity, water, gas and heating.

Monthly Payment ( Wolsei )
This is a deposit plus monthly payment system. The deposit amount is about 10 to 20 times the monthly
payment. Usually 10% of the total amount is paid upfront when signing the contract and the remainder plus one month's rental is paid at the time of actual move. The amount deposited is returned to the tenant
upon expiration of the lease. The tenant is responsible for maintenance.

KEY MONEY DEPOSIT ( Chonsei )
About one-half to two-thirds of the value of the house is deposited with the owner for the lease period. The whole portion is returned upon expiration of the lease. As with Chonsei, 10% of the total amount of rental is paid when the contract is signed, and the rest is paid when the lessee moves into the house. Common practice is that the landlord is not responsible for maintenance. Accordingly, the tenant is responsible for all maintenance issues by himself unless otherwise provided in the pertinent lease contract. For example, replacement of curtains or re-papering of rooms will be on the tenant's own expense.