Types of leasehold estate in Japan.
Feature | Lease Contract / Period of the lease contract Either 普通借家契約 [FUTSU SHAKKA KEIYAKU]: A regular lease contract or 定期借家契約 [TEIKI SHAKKA KEIYAKU]: Fixed-term lease contract |
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賃貸マンション[CHINTAI MANSHON] | Rental apartment, relatively larger than アパート[APARTO], it should be reinforced concrete structure with an elevator. It’s not the same meaning of mansion in English. | 普通借家契約 [FUTSU SHAKKA KEIYAKU]: A regular lease contract ( Normally 2 years ) |
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定期借家契約 [TEIKI SHAKKA KEIYAKU]: Fixed-term lease contract ( In most cases1 year ~ 2 years. Very few of them in existence. ) |
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賃貸アパート[CHINTAI APARTO]=ハイツ [HGHITS] | Most of them are two-story wooden structures. Cheaper than MANSION. | 普通借家契約 [FUTSU SHAKKA KEIYAKU]: A regular lease contract ( Normally 2 years ) |
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定期借家契約 [TEIKI SHAKKA KEIYAKU]: Fixed-term lease contract ( In most cases1 year ~ 2 years. Very few of them in existence. ) |
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分譲賃[BUNJO CHIN] | Some owners purchase a condominium for investment objective rent it out. It is called 分譲賃[BUNJO CHIN]. Otherwise, those who purchase a condominium to live in by themselves rent it out because they have to move into another place due to a job transfer. | 普通借家契約 [FUTSU SHAKKA KEIYAKU]: A regular lease contract ( Normally 2 years ) |
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定期借家契約 [TEIKI SHAKKA KEIYAKU]: Fixed-term lease contract ( In most cases1 year ~ 2 years. Very few of them in existence. ) |
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戸建て賃貸 [KODTE CHINTAI] | To rent a single-house. In case that the owner is renting it out temporarily, the lease contract should be Fixed-term lease contract. You may be able to have a pet. | 普通借家契約 [FUTSU SHAKKA KEIYAKU]: A regular lease contract ( Normally 2 years ) |
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定期借家契約 [TEIKI SHAKKA KEIYAKU]: Fixed-term lease contract (The number of years varies depending on the conditions. Very few of them in existence.) |
*The differences in between a regular lease contract and fixed-term lease contract