Rental Housing Market Development and Regulation Act Article 34

Rental housing service businesses shall, within 30 days from the date of contracting, provide the competent authorities in municipalities and counties (cities) with information regarding commission, lease, and sublease.For subleasing rental housing of RHSB cases, the RHSB shall declare the current transaction information to the competent authorities in municipalities or counties (cities)after signing the rental contract within 30 days. (hereinafter referred to as the declared transaction information).The Government may utilize the declared transaction information of the preceding paragraph, and provide publicly for inquiry, without revealing personal data.Rules of the categories and contents of the declared transaction information of Paragraph 2, and the provision of information contents, methods, fees and other matters to follow in the preceding paragraph, shall apply mutatis mutandis to the provisions of the regulations stipulated pursuant to Paragraph 5 of Article 24-1 of the Real Estate Broking Management Act.The competent authorities in municipalities or counties (cities) may request the RHSB or sub-lessee to access, obtain relevant documents, or provide explanations, to confirm the declared transaction information. The inspected person shall not evade, hinder, or refuse the inspection.The inspection in the preceding paragraph shall not exceed the necessary scope for the purpose of ensuring the correctness of the declared transaction information.The competent authority in the central government should prescribe regulations regarding the information categories, contents, provision methods, and other matters to be complied with in the first paragraph.