Minimum lease term (2 years)
Korean: 임대차기간
A Korean home lease with no term, or a term under 2 years, is treated as a 2-year lease.
A lease with no fixed term or a term under 2 years is treated as 2 years. The tenant, however, may choose to rely on the shorter term (Housing Lease Protection Act, Art. 4(1)).
After the term ends, the lease is treated as continuing until the tenant gets the deposit back (Art. 4(2)).
Legal basis
Explanations follow the current Korean statutes on the National Law Information Center (law.go.kr). Laws change, so check the original text before relying on it. This is general information, not legal advice. All terms