SEOUL METROPOLITAN GOVERNMENT ORDINANCE ON RESIDENTIAL BROKERAGE COMMISSION, ETC.
Article 1 (Purpose)
The purpose of this Ordinance is to provide for matters delegated pursuant to the Act on Business Affairs of Licensed Real Estate Agents Act and matters necessary for the enforcement thereof. <Amended by Ordinance No. 5858, Apr. 14, 2015>
Article 2 (Brokerage Compensation)
(1) The limits on compensation for brokerage of the sale, lease, etc. of residential buildings (hereinafter referred to as "brokerage compensation") under Article 32 (4) of the Licensed Real Estate Agents Act (hereinafter referred to as the "Act") shall be as set out in attached Table 1. <Amended by Ordinance No. 5858, Apr. 14, 2015>
Article 3 (Actual Expenses)
(1) As regards actual expenses incurred in verifying rights to, and interests in, subject matter of brokerage and actual expenses incurred in guaranteeing the performance of return of the deposit and other payments, the limits on such actual expenses under Article 32 (4) of the Act shall be as set out in attached Table 2, respectively. <Amended by Ordinance No. 5858, Apr. 14, 2015; Ordinance No. 6386, Jan. 5, 2017>
- Table 1 (Limits on Brokerage Compensation (Pursuant to Article 2 (1))) - Table 2 (Limits of Actual Expenses (Pursuant to Article 3 (1))) |