Gyeonggi Conducts Inspections of 527 Real Estate Agencies, Finds 69 Violations at 67 Offices

The Gyeonggi Provincial Government conducted joint inspections of 527 licensed real estate agencies in the province in order to prevent jeonse fraud and foster a safe real estate brokerage environment. As a result, the authorities uncovered 69 violations at 67 agencies. Among these, 49 cases were subject to administrative actions, and 9 cases were referred for investigation.

From April 27 to June 19, 2026, the Gyeonggi Provincial Government carried out these joint inspections together with city and county authorities and the Safe Jeonse Management Task Force. The agencies inspected were selected through operating councils organized by city and county governments and the task force.

Of the 69 violations found, Gyeonggi Provincial Government imposed administrative actions in 49 cases, including two registration cancellations, one license suspension, 18 suspensions of business, and 28 administrative fines. Additionally, 9 cases were referred for investigation, while the remaining 11 cases resulted in warnings or corrective measures.

The main violations included failure to complete, deliver, and retain the real estate disclosure and explanation documentation, omission of required signatures and seals, failure to report hiring or dismissal of employees, and violations related to advertising and postings. Other serious offenses identified included lending of registration certificates, unregistered brokerage activities, and collecting brokerage fees in excess of legal limits.

In particular, there were cases where agents failed to adequately explain to tenants whether landlords of trust-registered properties had the authority to lease or had established collateral or other priority rights. There were also instances where changes in property rights before final payment were not verified, resulting in losses of security deposits for tenants.

Gyeonggi Provincial Government

In addition to cracking down on illegal activities, Gyeonggi Provincial Government also reviewed whether 1,057 real estate agencies participating in the 'Gyeonggi Safe Jeonse Project' were fulfilling their action items. As a result, 770 agencies were rated as 'outstanding' and 163 as 'average,' indicating that 933 agencies (88.3%) had met the relevant requirements. Of the rest, 101 were rated as 'insufficient,' 9 as 'non-participating,' and 14 were closed, suspended, or otherwise excluded.

The 'Gyeonggi Safe Jeonse Project' is a public-private cooperative initiative where licensed brokers provide tenants with pre-contract checklists and monitor for potential jeonse fraud risks during the contract process.

The Gyeonggi Provincial Government offered practical guidance to agencies with insufficient implementation or non-participation, such as providing tenant checklists, explaining mandatory contract clauses, and re-verifying property rights after contract signing. The authorities also plan to conduct follow-up inspections to confirm improvements at these agencies. Furthermore, cases of repeated violations will be reflected in broker training and self-inspection materials. In the second half of the year, the government will place particular emphasis on verifying property rights and other matters directly linked to tenant damage.

Meanwhile, Gyeonggi Provincial Government and Yongin City jointly inspected the area designated for semiconductor cluster development in Yongin—an area of concern for potential real estate speculation—during May and June 2026. As a result, three cases were referred for investigation, including two suspected of unregistered brokerage activities and one of suspected double registration. Additionally, four cases involving closed agencies failing to remove signage or to display guarantee certificates were subject to on-site correction or administrative guidance.

Son Imsung, Director General of Urban and Housing Affairs at Gyeonggi Provincial Government, stated, "We will continue to monitor compliance with the Safe Jeonse Project to ensure it is firmly established on the ground, and we will respond strictly to violations in the brokerage process. We are committed to fostering a transparent and secure real estate brokerage environment where residents can conduct transactions with confidence."

This content was produced with the assistance of AI translation services.