Lease Report Penalty Calculator

Lease Report Penalty Calculator helps estimate Korea-related property dispute, penalty, fraud, recovery, or contract-risk exposure in English.

Lease report penalty calculator

Uses the Korean lease-report penalty model for target region, deposit and rent threshold, 30-day deadline, late-report penalty matrix, false-report fixed penalty, voluntary reduction, and automatic fixed-date note.

Korean source inputs

Report required

Yes

Target region, threshold, and renewal exemption check.

Penalty applied

₩30,000

After optional 50 percent reduction.

Raw penalty

₩30,000

Penalty matrix or false-report fixed amount.

Delay days

15 days

Deadline 2026-07-01.

Converted amount

₩200,000,000

Deposit plus monthly rent times 200.

Auto fixed date

Yes

Lease report can grant fixed-date effect.

This English calculator calls the same pure real-estate calculation function used by the Korean page. Inputs and labels are translated; the formula is not replaced by a generic stub.

Related calculators

Lease report penalty calculator

This English page follows the Korean lease-report penalty model after the guidance period ended, including target area, amount threshold, 30-day deadline, late penalty, false report, and fixed-date effect.

Report target

The report target is a housing lease in the capital area, metropolitan city, or city area, excluding gun county areas in this source model. A renewal without any amount change is treated as exempt.

The amount threshold is deposit over KRW 60 million or monthly rent over KRW 300,000. The converted contract amount is deposit plus monthly rent times 200, expressed in KRW 10,000 units inside the Korean function.

Penalty after June 1, 2025

The guidance period ran from June 1, 2021 through May 31, 2025. From June 1, 2025, the calculator applies the revised late-report penalty matrix, with the selected reduction option applying a 50 percent voluntary-report reduction.

The false report penalty remains KRW 1,000,000 regardless of delay period or amount bracket. Late-report penalties are calculated from delay days and converted contract amount, with the modeled maximum now KRW 300,000.

Fixed-date effect

A proper lease report can grant fixed-date effect automatically. Use the estimate with the contract date, actual report date, report receipt, renewal terms, and local reporting office or online filing record.