For land containing a residence, commission is limited to the residence.
Commission rate by principle is calculated by multiplying the transaction amount and the commission rate. However, the
commission cannot exceed the statutory limit, in case of residences.
In case of Wolse, the transaction amount is calculated by the following formula :
Deposit + (one month rent x 100)
If the resulting amount is less than 50 million won, then
Deposit + (one month rent x70) will be the transaction amount.
Commission is collected from both parties (landlord and tenant).
#211, Itaewon-ro, Yongsan-gu, Seoul, Korea
Tel. +82.2.793.8878 /
web@seoulapartment.net
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