JeonSafe - Landlords

Cash flow: No missed payments due to tenant job loss or other issues, guaranteed on-time cashflow every month.
Access to more tenants: For rent-seeking landlords the addition of JeonSafe contracts will give them more options and allow them to market to Jeonse seeking tenants.
Background Checks: Landlords with a high debt to income ratio or a large outstanding debt on multiple properties will no longer be rejected in the background check step of the process Price decline insulation.
Price Decline Insulation: Even if real estate prices fall persistently, there will be no mortgage crisis caused by 역전세 (‘tin can’ Jeonse) for landlords that are underwater with a tin can mortgage meaning the bank and the tenant can’t recoup their money even if the property is sold because the value has decreased.
No Bankruptcy: Even if all of the properties in their portfolio decrease by 60% they won’t have a liquidity crisis or go bankrupt.
No Repossession: There is no need for insurance to be purchased by either party, and the property won’t need to be repossessed and sold at auction by a bank.