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S. Korea to ban evictions of small commercial tenants for six months Updated: 2020-09-24 14:56:48 KST

South Korean lawmakers have passed a bill to reduce the burden of rent on small business owners hit by the pandemic.
For six months once it takes effect, the revision to the Commercial Building Lease Protection Act will protect tenants from being evicted for if they fall behind on rent.
Usually, a tenant can be evicted if they fail to pay for three months.
The bill will take effect once it's passed by the Cabinet.
The revision also says that tenants will be able to request rent discounts from their landlords if they've taken a financial hit from the pandemic.
However, it won't be mandatory for landlords to accept those requests.
KOGL : Korea Open Government License
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