My Apartment in Japan Walk Through PT 1

I had wanted someone to go through these details while I lived in the states so maybe this will help you! HOW TO GET AN APARTMENT IN JAPAN 1. Get some cash. Sounds like a no brainer, but you'll need a bunch of it for the various payments you have to make during the process: * A real estate agent's fee called Chukai Tesuryo". This is non-refundable and is typically one months rent. * A security deposit called "shikikin" (敷金). This is typically two or three months' rent. * The landlord gets the next cut. It's called "reikin" (礼金). This, as you might have guessed, is non-refundable. Typically its two months rent. If its only one, consider yourself lucky. * A reservation fee called tetsukeikin" (手付金). Its refunded as soon as you sign contracts. Its the agents way of making sure you are serious about the deal a guarantee if you will. 2. All in all, if your rent is $1000, you'll probably need about $5000 to rent your own apartment. 3. Find a guarantor ("hoshonin" 保証人in Japanese). This is basically a co-signer to the rental agreement. This person needs to be a Japanese national with a good credit history. In some cases, your employer may volunteer to act as your guarantor. There are also a number of private companies (known as "hoshonin-gaisha" 保証人会社) that can act as your guarantor for a fee. Rental agencies catering to foreign residents may also provide this service for an additional fee. 4. Be patient. Landlords simply don't want to deal with foreigners ...

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1. By: toddatron
2. Categories Travel & Outdoors
3. Views 147
4. Added :21-Oct-08
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