Advisor for RENOVATION, REPAIR, REAL ESTATE and CONSTRUCTION for foreigners living in Japan

Glossary of Real Estate Terms in Japan-り(RI)-

Real estate Terms -り(RI)-

 

REIT [REIT] (りーと)

Real Estate Investment Trust

 

理事 [RIJI] (りじ)

Outside of a typical corporation such as 協会 [KYOUKAI] (きょうかい) “associations”, 学校 [GAKKOU] (がっこう) “schools”, hospitals and other organizations do not have a 取締役 [TORISHIMARIYAKU] (とりしまりやく) “director” position, but are run by a 理事 [RIJI] (りじ)  or 理事長 [RIJI CHOU] (りじしょう) position.

 

理事会 [RIJIKAI] (りじかい)

The organization that executes the business of the association in a condominium management association

 

リフォームローン [REFORM LOAN] (りふぉーむろーん)

Loans to renovate a home. Compared to a regular mortgage, the loan amount is generally smaller, the term of the loan is shorter, and no collateral is required in some cases.

 

琉球畳 [RYUKYU TATAMI] (りゅうきゅうたたみ)

Square tatami mat with no edges. Half size of a normal tatami mat

 

陸屋根 [RIKUYANE] (りくやね)

A type of roof with a horizontal slope