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  JEONSE RISK Risks of Signing a Jeonse Contract Relying Only on Priority Repayment Rights Introduction Many tenants believe that priority repayment rights alone are sufficient protection when signing a jeonse contract. However, relying solely on this legal right can expose tenants to serious financial risks. This article explains why priority repayment rights are limited and what dangers tenants should clearly understand in advance. Table of Contents What Priority Repayment Rights Actually Protect Situations Where Priority Repayment Fails Realistic Risks Tenants Often Overlook Comparison With Deposit Return Guarantees Safer Contract Strategies for Tenants 1. What Priority Repayment Rights Actually Protect Priority repayment rights allow tenants to claim repayment before general creditors when a property is auctioned. This right applies only if legal requirements—such as resident registration and a fixed date—are fully satisfied. 2. Situations Where Priority Repaym...