Regulations for Leasing of National Non-public Use Real Estate Article 13-1

For non-public use land and constructional improvements leased together by tender pursuant to Paragraph 1 or 2, Article 9, where the lessee intends to renew the lease, the lessee shall submit a written application for contract exchange six months before the expiration of the lease term. Upon approval by the leasing authority, the lease may be renewed, up to three times.The commencement date of the renewed lease under the preceding paragraph shall be the day following the expiration of the original lease term. Upon expiration of the original lease term, the provisions of Article 14 requiring the return of the leased property and cessation of its use shall not apply.The conditions for the leasing authority’s approval of a lease renewal under Paragraph 1, the standards for calculating and collecting the annual rent for the renewed lease, and other related matters shall be prescribed by the Ministry of Finance.Where non-public use land and constructional improvements had been leased together by tender pursuant to Paragraph 1 of Article 9, and the tender award had been completed before the amendment to this Article took effect on June 1, 2026, and where, after the amendment took effect but before the expiration of the lease term, a new tender for leasing is conducted and the tender award is completed, the provisions in force before the amendment took effect shall apply. The lessee may lease the real estate on a priority basis at the annual rent determined by the tender award and shall enter into a new lease agreement in accordance with the provisions in force after the amendment took effect.Where non-public use land and constructional improvements had been leased together by tender pursuant to Paragraph 2 of Article 9, and the tender award had been completed before the amendment to this Article took effect on June 1, 2026, and where the lease term expires after the amendment took effect, the provisions in force before the amendment took effect shall apply to the contract exchange for renewal of lease, provided that such renewal shall be limited to one time.