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| ■Purchasing Property through Real Estate Agent in Japan |
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| License |
There is only Broker License(Tackuchitatemono Torihiki Shuninsha), but
not agent license in Japan. |
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| Purchasing Property |
Foreigner can purchase and register property in Japan. |
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| Contract |
Sales Contract (Baibai Keiyakusho) and Disclosure Statement (Juyojikou
Setsumeisho) would be signed by the Seller(s) and the Buyer(s). |
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| Deposit and Payments |
Usually, 10% to 20% of sales price would deposited on conclusion od sales
agreement. |
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| Register Property |
Land & building are to be registered at the Regional Legal Affairs Bureau.
Normaly, a judicial scrivener (Shihoushoshi) would conveyance for the buyer.
It can be aranged through Real Estate Agent. |
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| Tases |
There are Registration and License Tax, Immovable Property Acquisition
Tax, and Fixed Accets Tax. |
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| Brokerage Fee |
3%+60,000 of sales price by law. |
| ■Renting an apartment in Japan |
| Shikikin |
Refundable Deposit made to the landlaw. |
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| Reikin |
Key Money, Not refundable. |
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| Chukai Tesuryo |
Brokerage Fee. Equivalent to one month rental fee, consumption tax applicable. |
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| Hoshonin |
Guarantor. Reasonable Local resident would be requested as a guarantor
on contract.
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| Hoshonin System |
A system for the tenant without reasonable guarantor. Charge of 50% to
100% equivalent to rental fee applicable. |
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| Tenant Insurance |
Tenant may requested to buy a Tenant Insurance which covers possible troubles
within the room. |
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