Tokyo Real Estate News & Information
Tokyo's Property Market & Useful Tips for Property Owners
Stay informed on Tokyo land prices, redevelopment projects, taxes on Japanese real estate, real estate terms, and more. We provide useful news and information especially for foreigners (non-residents) interested in buying, selling, and owning properties in Tokyo.
Lease Guarantor Companies in Japan
When renting apartments in Japan, it is common for lease agreements to mandate the involvement of a guarantor company. Many such agreements necessitate the provision of either a joint guarantor or a guarantor company at the time of contract conclusion. A joint guarantor or a guarantor company has t…
Read moreRent Arrears and Eviction Process in Japan
When a tenant in your rental property is behind on rent payments, it is important to note that Japanese law does not permit immediate eviction requests or changing of door locks and keys by the landlord. To address potential issues related to rent arrears, it is essential to understand the appropri…
Read moreEnglish-speaking Architecture Firms / Architects in Japan
We have many requests from foreign customers who want to buy lands and build houses on them, rebuild old houses, renovate preowned condominiums in Japan. We find, however, that many foreigners are worried about communication in Japanese and are not able to convey the desired image and design well. …
Read moreRegistration will be mandatory when inheriting real estate in Japan!
From 1 April 2024, application for inheritance registration will be mandated, and penalties will be imposed for failure to do so. This act will apply to all persons who inherit real estate in Japan, including Japanese nationals and foreigners residing outside of Japan. In the past, many people did…
Read moreWhat is Group Credit Life Insurance (Danshin)? - Insurance attached to a Housing Loan
When taking out a housing loan, you are required to join “Group credit life insurance” as one of the conditions of the loan. Group credit life insurance is a life insurance policy specifically for housing loans that reduces the loan debt to zero in the event that a housing loan borrower dies or bec…
Read moreAgent commission for real estate transactions in Japan
In Japan, agent commissions are often paid in real property transactions, but many people may wonder why should they be paid? So, we will explain here what the agent commissions are and how the amounts are determined, etc., for the case of buying, selling, and leasing. What is an agent commission?…
Read moreJoint mortgages for married couples
In Japan, the number of households with dual-income couples is increasing, and more and more housing loans are being taken out by married couples. Rather than applying by one spouse alone, combining the income of both spouses can increase the borrowing amount, and depending on how the loan is struc…
Read moreRenting a Pet-friendly apartment in Japan
It is common practice that residential properties in Japan have very strict rules regarding the ownership of pets. These rules are decided and enforced by the building owner and or management. If you would like to have a pet in a rental property or already have a pet that you would like to live wit…
Read moreWhat is Japan Earthquake Insurance for Earthquake Preparedness? – About its Necessity and Basic System
Japan is an earthquake-prone country, and there is a history of discussions and studies over a long period of time before the earthquake insurance system was introduced. In the wake of the 1964 Niigata Earthquake, the government and property & casualty insurance companies researched and drafted…
Read moreWhat is Act on Rental Housing Management Business (Act on Optimization of Rental Housing Management Business)?
Act on Rental Housing Management Business (Act on Optimization of Rental Housing Management Business, etc.) came into effect on June 15, 2021. With the enforcement of this act to optimize the management of rental housing, the former registration system required by the Ministry of Land, Infrastructu…
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