Glossary - Japanese Rental Housing -New!!
Word Description Lease Agreement The document which is written the agreement covenants in between the Lessor (lender) and the Lessee (borrower) regarding to the rental properties. Written the details of the subject property and conditions in clearly, and clarify the lease term (lease period), the process for cancellation, and the prohibited matters. In Japan, three types of lease agreements based on various laws are commonly used for rental housing contracts; ・Fixed-term Residential Lease Agreement, ・Ordinary Residential Lease Agreement (usually renewable), ・Temporary-use Residential Lease agreement Contract The action to start the lease agreement and make the terms effective.as of sign on the lease agreement, and the settlement of the […]
How to Read Japanese Floor Plans?New!!
In Japan, traditionally, there is a unique way to provide a real estate property information. This explanation provides a comprehensive overview of Japanese floor plan terminology, tailored to help foreign users understand property listings with clarity and confidence. 1. Layout (Floor Plan) In Japan, housing layouts (Floor Plans) are described using a combination of numbers and letters, such as "1R," "1K," "2DK," or "3LDK." Here's how to interpret them: 1) Numbers The number represents the count of bedrooms or multipurpose rooms, excluding the kitchen, dining, and living areas. For example, "2" means there are two bedrooms in addition to shared spaces. 2) Letters R : Room 洋室 – Usually "R" […]