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In Tokyo?
W H A T I S R E N T I N G L I K E
P R E S E N T E D B Y E P H R A I M V A S H O V S K Y
Tokyo, Japan
As cultures, time zones, and cuisines
shift, it is only be expected that the
processes for renting housing wi...
�In the U.S., many renters spend
hours determining which real
estate agent is the best agent to
use. In Tokyo, however, ag...
Viewing
Property
In Japan, there is a strict law on
property viewing: occupied property is
prohibited under the terms of r...
Costs
�Renters should expect to pay
one months rent, a deposit
(usually one month's rent),
maintenance fees (10% of
monthl...
Moving
In
If unaware of this fact, new
tenants would be shocked to find
the unit empty-- meaning no
refrigerator, no air c...
H o w e v e r , t h e u p s i d e t o t h i s d o c u m e n t a t i o n i s t h a t t e n a n t s
c a n t h e n l i v e i ...
Thank You
E P H R A I M V A S H O V S K Y . C O M
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What Is Renting Like In Tokyo?

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While the trade-off means some extra upfront costs, the renting system is designed to favor the tenants, rather than the landlord. Here is a look at the differences to expect when renting in Tokyo, Japan.

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What Is Renting Like In Tokyo?

  1. 1. In Tokyo? W H A T I S R E N T I N G L I K E P R E S E N T E D B Y E P H R A I M V A S H O V S K Y
  2. 2. Tokyo, Japan As cultures, time zones, and cuisines shift, it is only be expected that the processes for renting housing will also change. Except for the ranging prices for better locations and scenery, the renting system in Japan is vastly different from that of the U.S. or Europe.� While the trade-off means some extra upfront costs, the renting system is designed to favor the tenants, rather than the landlord. Here is a look at the differences to expect when renting in Tokyo, Japan.
  3. 3. �In the U.S., many renters spend hours determining which real estate agent is the best agent to use. In Tokyo, however, agents are easily found as the majority are independent operations utilizing a common database and can be easily found in all locations.� Hiring Help
  4. 4. Viewing Property In Japan, there is a strict law on property viewing: occupied property is prohibited under the terms of rental contracts. Agents must wait until the tenant has moved out and the apartment has been cleaned before a viewing can be arranged.�
  5. 5. Costs �Renters should expect to pay one months rent, a deposit (usually one month's rent), maintenance fees (10% of monthly rent), key money, a guarantee, and a brokerage fee (paid to the estate agent). �Unlike in the U.S., even if tenants keep the home in perfect condition, about only half of the deposit will be returned. The rest of the funds go to cleaning and lock changes.�
  6. 6. Moving In If unaware of this fact, new tenants would be shocked to find the unit empty-- meaning no refrigerator, no air conditioning or even lighting. These items can rack up the costs, so it is essential to plan for apartment furnishing.
  7. 7. H o w e v e r , t h e u p s i d e t o t h i s d o c u m e n t a t i o n i s t h a t t e n a n t s c a n t h e n l i v e i n t h e i r n e w h o m e w i t h o u t f u r t h e r l a n d l o r d h a s s l e ; i n f a c t , t h e p r o c e s s i s e x c e p t i o n a l l y f o r m a l a n d i s h a n d l e d b y e s t a t e m a n a g e m e n t c o m p a n i e s . U n l i k e t h e U . S . , t w o - y e a r c o n t r a c t s a r e t h e r e n t i n g s t a n d a r d i n T o k y o , a l t h o u g h T e n a n t s h a v e t h e c h o i c e o f l e a v i n g e a r l i e r ( p r o v i d e d t h e y g i v e t h e c o n t r a c t u a l n o t i c e p e r i o d ) . � Contracts Documentation in Tokyo is far more organized and involved than in the U.S. Tenants are expected to sign a couple of dozen pages outlining the details of tenants rights and landlord rights, as well as anticipated costs of any violations.�
  8. 8. Thank You E P H R A I M V A S H O V S K Y . C O M

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