Dwell Dongdaemun,
首尔

Q1: What payments are required when applying?

• You pay a 1-week deposit to secure the room (credited toward first rent).

• You must also pay a bond equal to 4 weeks’ rent within 1 week of the deposit.

• The bond is held as security and registered with the relevant authorities.

• It is refundable at the end of the tenancy if there are no outstanding fees or damages.

• For short stays, no bond is required, but damages are charged separately.
  
  

Q2: What is the rent schedule?

• Rent is paid in advance.

• Payment dates are set in the contract.
  
  

Q3: What are the rent payment options?

• Full payment option: Pay all rent upfront; may include a rebate for certain contract lengths (subject to availability).

• Instalment option: Pay rent in scheduled instalments as per the contract.
  
  

Q4: When is rent paid?

• First payment is due on check-in.

• Then payments occur every 4 weeks (28 days).

• Payments follow the contract schedule.

The above payment policy is a synopsis of the property’s payment policy. There could be a few changes incorporated from time to time. Hence, we recommend you review the full Accommodation Contract for a comprehensive understanding of their payment policies. 

1- What if I cancel before the tenancy starts?

• 14+ days: Deposit lost, bond refunded

• 13 days or less: Deposit lost + $250 fee + rent until replacement found + bond adjusted

2- Do I need to find a replacement tenant?
 Yes. You must find one, and you still pay rent until they take over.

3- What rules apply to replacement tenants?
Must be approved, a student, and not already a tenant. Agreement only starts when they pay and sign.

4- Can extra charges be deducted?
Yes, cleaning, admin, advertising, and rent loss can be taken from deposit or bond.

5- What if I cancel after moving in?
You must give notice, pay $250 fee, keep paying rent until replacement is found, and bond may be used for costs.

6- What if I cancel due to visa rejection?

• Early + fast notice → full refund

• Late → partial refund

• After start → no refund + rent charged until replacement

• Unknown status → deposit used for rent, contract may end
  
  

7- What if a replacement tenant cancels?
 You must find another replacement. You remain liable for rent and fees until they do.

8- Can the provider cancel my booking?
Yes, if rules are broken, info is false, or application is incomplete. They may keep payments if legally allowed.

The above cancellation policy is a synopsis of the property’s cancellation policy. There could be a few changes incorporated from time to time. Hence, we recommend you review the full Accommodation Contract for a comprehensive understanding of their cancellation policies.