In this post, we will look at the qualifications for permanent rental apartments and how to apply. We also compared the pros and cons of different types of rental apartments.
Permanent rental apartment? (permanent rental housing)
It is a social welfare type of rental housing that was attempted for the first time in Korea in 1989 to stabilize housing for the low-income class. With financial assistance from the government, 190,000 units (approx. It refers to housing provided at low rent to low-income groups such as national merit and single-parent families.
▼ The obligatory rental period is 50 years, and the rent is 30% of the market rate. 영구임대아파트 신청
Qualifications for Permanent Rental Apartment 좋은뉴스
In order to purchase a permanent rental apartment, you must meet the following conditions as a member of a non-homeowner household.
Of course, it is possible to apply only if you do not own a house regardless of your income.
1) Basic livelihood recipients
2) Men of national merit and their survivors, 5.18 Democratic meritorious persons or their survivors
3) Victims of comfort women for the Japanese military
4) Single-parent families subject to protection
5) North Korean defectors
6) A person who has been issued a disability registration certificate, including the head of household who is the spouse of a person with intellectual disability or a lover of a person with a grade 3 or higher brain lesion
7) A person who supports a lineal ascendant aged 65 or older and whose income is less than the recognized income of the recipient selection standard (limited to the head of household)
8) Those who are discharged from child welfare facilities
9) A person whose average monthly income of the household is less than 50% of the average monthly income per household of urban workers in the previous year
10) Subscription savings subscribers
※. As above, those who meet the conditions for moving into a permanent rental apartment can apply, and the most important thing here is number 10. Even if you meet the conditions 1 to 9, you cannot apply if you are not subscribed to subscription savings.
Tenant Selection Rank
There are numbers 1 to 10 in the permanent rental housing conditions above. Priority is given to those who fall under number 1 in the order in which tenants are selected.
For example, in the case of supplying permanent rental apartments in Namyangju, Gyeonggi-do, priority is given to recipients who fall under number 1, and then to persons of merit and their survivors who fall under number 2.
In addition, there is a priority supply target and supply quantity. Among the beneficiaries, newlyweds or prospective newlyweds, who have been married for less than 7 years and have children after giving birth, 10% of the supply of permanent rental apartments is preferentially provided.
This means that newlyweds with children will be a top priority.
Application method and rental procedure
1. Application for move-in
– If you are eligible for occupancy, apply for occupancy to the local government (dong office or gu office) in the area where the permanent rental complex belongs (designate the area you wish to move in at the time of application)
– Consultation with public officials in charge of society at the district office of residence
2. Preparation of list of prospective tenants
– Local self-governing bodies prepare a list of prospective tenants and notify LH
3. Contract information
– In case of eviction among residents of permanent rental housing, the management office notifies contract information in the order of preliminary move-in
4. Signing a lease agreement
– Income and asset data of the applicant (including all members of the household) are based on the results of the social security information system.
5. Move-in
– Payment of move-in balance and management fee deposit
– Move-in and transfer of resident registration
Rental apartment type
public rental apartment
First of all, it is a public rental apartment.
The lease term is 5 or 10 years. Public leasing differs from national leasing in that it is possible to convert to sale.
It is the most preferred type of public rental apartment because it can aim for market profit if it is converted into sales.
You must be a homeless household, and your total assets must be less than KRW 215.5 million. The car must also be less than 27.64 million won.
The income standard must be 100 or less and 120% or less, respectively, of the average monthly income per household of urban workers in the previous year.
Permanent rental apartment
Permanent rental apartments are primarily supplied to the socially vulnerable, such as livelihood and medical benefits recipients, with a total lease period of 50 years.
Persons of national merit, returned POWs, and recipients, newlyweds, can be supported with special supplies, and there are no restrictions on asset and income standards.
Conditions for moving into permanent apartments Mainly supplied by the national, local governments, LH, and local public corporations, the lease contract is made by paying a deposit and rent (monthly rent). I see.
National Rental Apartment
National rental apartments are houses that can be rented for a total of 30 years. They are set at around 60-80% of the market price by paying a deposit and monthly rent. .
Unlike permanent lease, national lease requires the occupancy condition of being a member of a household without a home, as well as the criteria for total assets and the amount of assets in a car, as well as the income requirement of less than the average income of urban workers in the previous year.
In addition, supply is divided into general and special supply, and tenants are selected through additional points and housing subscription bankbooks, and special supply is supplied centering on the designated target.
Private rental apartment
Private rental apartments include short-term general, long-term general, and public support.
Eligibility is characterized by the fact that anyone over the age of 19 can apply. That means there are no special qualifications.
And, after a minimum lease of 8 years, conversion to sale is possible. There is a benefit of sales conversion, so you can prepare your own home by converting to sales after living in a rental.
The rent level is set at a level similar to the surrounding market price, and the advantage is that it is easy to move in because there are no special conditions.