How Korean Renters Can Get Back Apartment Repair Reserve Fees [Life]

Hello, this is CACAO1st, here to give you a taste of something sweet and bittersweet. Many people who move out of apartments or officetels after living there on a lease unknowingly leave money behind. One of the most commonly overlooked items is the “Long-Term Repair Reserve Fund.” In many cases, tenants pay these fees every month without realizing it, and then move out without claiming them back. Today, we’ll explain what the long-term repair reserve fund is, why tenants may be entitled to a refund, and what documents you need to request from the management office before moving out... Read more