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Privacy Policy

We hereby declares that we shall comply with laws concerning the protection of personal information and hereby sets out below, based on the stipulations of the Act on the Protection of Personal Information, its basic policy for the handling and protection of personal information.

1.Purpose of the use of personal information

We shall use personal information within the scope of the purpose of use. In cases where we use personal information beyond the purpose of use stipulated below, we shall inform clients to that effect in advance and confirm clients’intention.

 1. We shall use property information in order to investigate deal counterparties.
 2. We shall use property information for advertising by internet and leaflets, etc.
 3. If needed, we shall register property information on the property search system operated by the designated real estate information network (REINS) in order to investigate deal counterparties. After the concluding of contracts, we shall provide the designated real estate information network (that is designated by the Ministry of Land, Infrastructure, Transport and Tourism in accordance with on the Real Estate Business Law) with the information on successful deals (such as general information on the property concerned, the date of contract and the price. The names of contract parties are not included). The designated real estate information network uses property information and information on successful deals for the jobs stipulated in the Real Estate Business Law, such as the provision of such information, by electronic data or as printed materials, to real estate business entities that are participating in the designated real estate information network and to public institutions.
 4. We shall use personal information for the purpose of investigating the counterparties of sale and purchase contracts or lease contracts, for concluding the contracts of sale and purchase, lease, mediation or administration and for providing services pursuant to the contract concluded.
 5. In association with real estate deals with which we are involved, we shall retain personal information on applicants, lessees of leasehold properties, personal information on applicants, purchasers of property for sale and purchase, personal information that is stated in application forms or contracts received from the owners or rights-holders of property in connection with the entrustment of mediation or administration and other personal information duly obtained.
 6. We shall use personal information for the purpose of the implementation of contracts concluded with clients, the administration of contracts in cases of leasing deals and the administration of contracts after the conclusion thereof or the provision of after-sales service in cases of sale and purchase deals.
 7.Out of clients’ personal information, we shall use addresses, names, phone numbers and mailing addresses for the purpose of delivering direct mail by which we introduce services provided by us for other properties as well as information on products and services provided by affiliated companies that is deemed to be useful to clients. We shall stop such use upon the request of clients.
 8.In cases where administrative work is involved, we shall use personal information for the purpose of the carrying out of work pursuant to property administration service outsourcing contracts that are concluded by the condo association board of the condominium in question.
 9.In relation to the jobs described in  to  above, we shall use personal information for the purpose of introducing we and affiliated companies that is deemed useful for clients, the delivery of products, the implementation of after sales service and notifications regarding maintenance services that are part of administration.
 10.We keep personal information in the form of books and materials as designated by the Article 49 of the Real Estate Business Law.
 11.We shall use personal information for price assessments concerning the sale, purchase or lease of real estate. If needed, we shall provide information on successful deals that was used for price assessments to clients in mediation as “grounds for opinion” as stipulated in Clause 2, Article 34-2 of the Real Estate Business Law.
 12.We provide personal information to third parties as stipulated in 2 below.

2.Provision of personal information to third parties

For the purpose of the implementation of contracts concluded between We and clients, the administration of contracts in the case of leasing deals and the administration of contracts after the conclusion thereof as well as the provision of after-sales service in cases of sale and purchase deals, We provides, if needed and depending on the work, third parties as stipulated in 1 to 11 below with name, address, phone number, date of birth, information on property concerned and information on successful deals by means of documentation, mail, telephone, internet, E-mail and other advertising media.

 1.Counterparties or potential counterparties to contracts related to the matters entrusted by clients.
 2.Other real estate business entities.
 3.Internet advertising and other advertising entities, including their associations.
 4.Designated real estate information network (in cases where exclusive right to sell listing contracts or exclusive listing contracts are concluded, We is obliged by the Real Estate Business Law to register on the designated real estate information network and inform it of information on successful deals).
 5.Judicial scriveners for registration and registered land and building investigators.
 6.Financial institutions which extend loans.
 7.Property administration service entities in cases where the administration of the property concerned is necessary.
 8.In cases where the administration by us is required, we stipulated in the statement of material matters of the property administration service outsourcing contract to which we outsources administrative jobs, a bank for the debit of administrative maintenance fees and the members of the condo association board.
 9.Credit information institutions with regard to credit checks on lease applicants (where necessary).
 10.Rent collectors utilized in the event that lessees are in arrears.

3.Entrustment of personal information processing to outside contractors

In cases where we outsources the processing of personal information to outside contractors in whole or in part, we shall conclude the necessary contracts and conduct proper management and supervision.

4.Measures for the protection of personal information

1.We shall conduct employee education on the protection of personal information periodically and shall strictly administer clients’ personal information.
2.We implements necessary security control measures to protect our database.

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