Leasing a house.
When leasing a private house or a room, it is customary to ask for the
real estate broker. The arrangement charge for such a lease would be
equivalent to 5 to 7 month rents in general.
(1) Items required at the contract of leasing a house are as follows:
- "Key money". (The amount to be paid to the owner of the
house is one to two months of rent, and this is not refundable.)
- "Security deposit". (This is a deposit with the amount
of one to two months of rent to be paid to the owner for security of
rent payments. It is refundable at the time of termination of contract.
If the house required repair at the termination of the contract, the
amount will be allotted for repair of the house,)
- "Brokerage". (One month rent to be paid to the broker of
the house for real-estate brokerage.)
- Advance payment of one month rent is necessary.
- The term of lease contract is for two years.
- There are cases where it is required to pay "management fees" in
addition to the rent.
- A guarantor may be required in some cases.
(2) Renewal of the lease contract.
Additional fee may be charged when you renew the lease contract in some
cases.
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