In this regard, the Ministry of Land, Infrastructure and Transport said the revision of the Urban and Residential Environment Improvement Act to introduce a "reconstruction fast track" passed the National Assembly plenary session.
Now, if you want to rebuild an apartment, you have to get a grade D or lower in the safety diagnosis, but the revised law allows you to proceed with the process of "establishing a maintenance plan and designating a maintenance area → establishing a reconstruction promotion committee → authorizing the establishment of a union" even without passing the safety diagnosis.
In addition, the reconstruction promotion committee can be established after the designation of the maintenance area, but it will be possible before the designation in the future.
In addition, reconstruction diagnosis can be promoted if the residents want it without an on-site investigation by local governments and integrated with the connected complex to conduct reconstruction diagnosis.
In the process of reconstruction and redevelopment, resident consent necessary for the establishment of the promotion committee and association can be obtained electronically as well as in writing.
The National Assembly also passed an amendment to the Special Act on Private Rental Housing, which revives short-term registered rentals but sets a mandatory rental period of six years.
Non-apartments such as villas and officetels are subject to short-term rentals for six years, and the government plans to apply a special case of one household and one house when tax is imposed if a single homeowner purchases a small non-apartment and registers it as a short-term rental for six years.
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