A Study on the Improvement of the Guarantee Insurance System for the Return Deposit

Abstract

If a home tenant does not receive a deposit back after the contract is terminated, a lease deposit return guarantee system is in effect to protect it, but there are still many aspects to be improved. In this study, we would like to present the direction of improvement of the lease deposit return guarantee system as follows. First, when a tenant applies for guarantee insurance, there is still a lot of time delay. In the future, if the tenant applies for a lease registration order, and if the tenant applies for guarantee insurance, the guarantee agency must check only the necessary matters such as the house's brightness and payment in advance. Second, in signing up for guarantee insurance, the limitation of the deposit should be deleted so that all tenants can use this system if necessary. Third, if there is a change in the size and target of application to improve the system, it should be applied only to new leases, and the previous matters should be applied to renewed leases. This is because if it is also applied to renewed leases, there may be many cases in which guarantee insurance cannot be subscribed while being renewed.