Property Management Hints and Tips from Japan
Delivering Japanese Real Estate Information and More!
投稿日：
Here is our pick up properties for sale! In this issue, we focus on newly built properties. Many of them still do not have pictures since they are still under construction. They are all equipped with popular features and most of them have security locks installed to ensure safety.
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執筆者：Magarita
関連記事
Types of Fees Involved in Selling a Property in Japan
Many investors purchased properties in Japan with the anticipation of an optimistic growth in the real estate market driven by 2020 Olympics in Tokyo. With a few months left to 2020 Olympics, investors are curious about the value of their properties. Today, I am going to introduce the expenses that comes along with property selling in Japan. Brokerage Fee This is a fee paid to the broker who conducts the selling process on behalf of the owner. The maximum amount is stated by the real estate brokerage act. For transactions over 4,000,000JPY, the fee is as below. Final sale price …
Is a Written Contract Necessary?
In a lease contract, both parties agree on the written terms and conditions and both pledges to follow these written rules. However, is a ”written contract” indeed necessary? A lease contract is effective upon mutual consent even without any written instrument Property management company A is about to sign a sublease contract on a parking lot of 10 spaces with one of their customers. It turns out that the landlord only holds the written agreement of 9 of the spaces. One of the parking spaces was passed to the landlord with an oral contract. This is referred to consensual agreement. …
2020’s Major Events and Real Estate Trend – Civil Law Amendment, digital innovation, etc…
Japan has entered a new era – Reiwa. Below are some of the major events that happened in the real estate industry. Civil Law Amendment in Real Estate The civil law amendment in April this year is getting the spot light in the real estate industry. One of of the major changes that will take place is the regulation regarding lease guarantor. ・An upper guarantee amount must be set for a personal lease guarantor ・In case the lessee or guarantor passed away during the lease period, the principal amount will stop during the time of death. …the …
COVID-19 in Real Estate Industry
The COVID-19 pandemic is becoming more severe in many parts of the world. Hope everyone is staying safe. Art Avenue is taking necessary measures to prevent further spreading of the virus. Under such situation, we have received voices of concern from our valued customers and business partners regarding the operation of our company and real estate industry. Impact on the Real Estate Industry As reported on news, hotels and private lodging are experiencing a major shock. In Osaka, private lodging management company established bankruptcy as a result of COVID-19. We have also received rent reduce negotiations from a few lessee …
Property For Sale【June’s Pick】- Condominium in Tokyo’s Prestigious Area
Today’s property for sale features single condominium units in Tokyo’s most prestigious areas! Imagine living in the heart of Ginza where it only takes you a 8-minutes-walk to Kabukiza Theatre. Or waking up with a gorgeous view of both Tokyo Tower and Skytree. Besides single family homes and low rise apartments, high rise condominium can also be found in Japan, especially in the most easiest accessible areas of Tokyo. Below are some pickups of condominiums for sale! While some of them are still under construction, some are occupied with tenants. They can be purchased for self-use or investment. Click to download …
