HUG deposit return guarantee: maximum deposit covered
A policy figure rather than a statutory one, which is exactly why it needs a timeline. It has been adjusted in response to the jeonse fraud cycle and it decides, before anything else about the property, whether the guarantee is available at all. A tenant negotiating a deposit just above the line is negotiating themselves out of the protection.
- Applies to
- Tenants applying for the Korea Housing and Urban Guarantee Corporation deposit return guarantee
- Review cadence
- Checked quarterly
What we have recorded
- 2026-10-08₩700M capital region · ₩500M elsewhere
The cap is on the deposit, and it is only the entry condition. Underwriting still looks at the property's value against the deposit plus prior-ranking claims, and at the landlord. HUG, the Korea Housing Finance Corporation and SGI Seoul Guarantee run separate products with separate conditions — being refused by one does not settle the other two.
Korea Housing and Urban Guarantee Corporation — deposit return guarantee eligibility
One reading so far. This becomes a history the first time the figure moves while we are watching — which is the part that cannot be reconstructed later.