Do you know About the GURANTOR??

A guarantor is a person who is financially stable and ensures the property owner that in case the tenant cannot pay for the rent, the guarantor will be responsible for the rent. The guarantor has nearly the same responsibility as the tenants, therefore it is advisable that you choose a relative. In general, the guarantor has to be those residing in Japan.

Many foreigners find it difficult to find their guarantor. There are conditions for the guarantor which may be the cause of the problem. In general, the guarantor must be financially stable and has a Japanese citizenship.

If you cannot find a guarantor, there is a guaranty company which serves as a guarantor. The number of guaranty companies are increasing today in Japan. The regulations varies according to the companies. For instance the types of the guaranty companies are those that obligates to set a guarantor, emergency contact, or those without the obligation of having a guarantor or any emergency contact. Furthermore, credit card account may be used as a guarantee.

by the way, if you use the Gurantor company then you have to pass from the Gurantor company,(searching who you are, where do you works,getting enough salary to paying rent,etc,) before renting apartment or house.after you pass that so then you can move forward to rent apartment’s paper works.

The following are the cases of the fee for guaranty companies.

1. Companies which obligates to set a guarantor: 50%-100% of the one month rent, common service charge, administrative fee, and car parking fee is paid when signing the contract. This is only paid once.
2. Companies which obligates to set an emergency contact:  100% of the one month rent, common service charge, administrative fee, and car parking fee is paid when signing the contract. This is only paid once. Furthermore, charge you to pay JPY 10,000 per year from the second year.

These two cases in above are common. Please keep in mind that it varies accordingly. It is advisable to contact each company for the specifics.

Anyway,,,,it is tough to rent apartment in Japan,,,

when I was in oversea, there is no such things, I could rent apartment

really easy,,,but not in Japan..

so please understand Japanese renting Systems^^

but I will do my best for you to finding apartments~~

thank you!

Japan realestate!

We joined the Japan Real estate for Foreigners!
there is more our properties, please check this out!
thank you.

KC TOKYO JAPAN REAL ESTATE

What is Lease agreement

Understanding Your Lease Agreement

For most expatriate-grade properties the lease agreement will be drafted in Japanese and English, with the Japanese version controlling. You should familiarize yourself with the following lease terms:

 Rent　（賃料　Chin-ryo）

Paid monthly in advance to the owner. A late fee may be exacted if rent is overdue.
Payment of first and next month’s rent is generally required upon initation of the lease.

 Deposit　（敷金 Shiki-kin）

All properties in Japan require a deposit. The size of the deposit may vary from two-months rent to four to six months for expatriate grade properties. The deposit is “technically” refundable. In most cases, a portion of the deposit is deducted to pay for restoration of the property when the tenant leaves. Restoration costs can be greatly miminized by careful maintenance of the property.

 Key Money （礼金 Rei-kin）

Sometimes called “thank you” money. A sum generally equivalent to two-month’s rent and paid to the owner at the initation of the lease. It is not refundable.

 Agent Fee / Commission （仲介料 Cyukai-ryo,仲介手数料）

Industry standard provides for one-month’s rent to be paid to the real estate agent as commission.

 Maintenance Fee　（管理費Kanri-hi, Manegement fee）

A monthly fee for general building maintenance and, possibly to defer the cost of an on-site building manager.

 Renewal fee （更新料 Koshin-ryo）

Money to be paid to the owner when you would renew the lease contract on expiration of the lease term of usually two years. The amount is in most cases equivalent to one month’s rent.