Homes

Is there a security deposit?

Updated

No. HomesInKorea does not take a security deposit. Instead of a deposit, you prepay each 30-day period: your first payment covers the first 30 days of rent and maintenance, a one-time cleaning fee, and the service fee.

What protects the host instead of a deposit:

  • If you move out early, 30 days of rent from your move-out date is kept as a cancellation charge (see "What happens if I leave early?").
  • Damage or unpaid bills found after you move out can be charged to your registered card after you are notified of the amount (see "I received an extra charge after moving out").

Keep in mind:

  • Some hosts may privately ask for a deposit. HomesInKorea does not require it and does not handle it. Any payment outside the platform is at your own risk — see "Is it cheaper to deal with the host directly?".

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