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548 more victims of jeonse fraud approved in June; advance payment of auction surplus to victims with joint collateral begins

AI 3-line summary
  1. The Ministry of Land, Infrastructure and Transport held three plenary meetings of the Jeonse Fraud Victims Support Committee in June, reviewing 1,409 cases and deciding that 548 were jeonse fraud victims and related cases.
  2. Of the 548 approved cases, 505 were new or resubmitted applications and 43 were objections, bringing the total number of victims decided by the committee to 39,669.
  3. In July, the ministry and the Korea Land and Housing Corporation (LH) will launch a system to pay part of the auction surplus in advance once the public or private sale of jointly collateralized damaged homes is completed.

Summary written by AI from the original article · 88 languages

548 more victims of jeonse fraud approved in June; advance payment of auction surplus to victims with joint collateral begins

Read the full article (machine translation) → Original article (Korean): 6월 전세사기피해자 548건 추가 결정…공동담보 피해자 ‘경매차익 선지급’ 시행

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