Process

Purchase Process and Procedures

Consultation

We provide a wide selections of properties according to your requirements and budget. It is recommended to set priority of requirements in advance, such as: Location, size, year of property etc, in order for us to select the ideal properties.

We also provide the most up-to-date property trend and past transactions for reference.

Property Viewing

It is highly recommended for on-site property viewing.

If you cannot come to Japan in person, it is recommended to use Google Map to find out about the property and its surroundings. We can provide the latest photos of the property for your reference.

Submit Letter of Intent to seller

Once a property was chosen, it is required to submit a Letter of Intent (LOI) * (Japanese: 購入意向表明書/買付証明書) to seller for price negotiation.

In Japan customarily, price negotiation is possible within 5% of the property price. For some properties, there might not be any room for negotiation.

Validity period of LOI is 1 - 4 weeks.

Contract Preparation

Once the price and terms were agreed by the seller, the Real Estate Purchase and Sales Agreement (Japanese: 売買契約書) and the Property Disclosure Statement of Important Issues (Japanese: 重要事項説明書) will be prepared.

10% deposit of the property (Japanese: 手付金) should be arranged.

Property Disclosure Statement of Important Issues is a document that provides all the detailed information/matters relevant to the subject property, for example, land registration, earthquake standard, tenant identification etc.

Contract Signing

A) Authorize representative for contract signing
If you cannot come to Japan in person, you can prepare a Power of Attorney and authorize us (a licensed real estate agent) to sign contract on your behalf. Before signing the contract, we will explain the terms and conditions to you and ensure all transactional conditions are understood.

B) Sign contract in Japan
If you come to Japan in person, you and the seller will sign the contract on contract day

10% deposit will be paid to seller on contract day.

Settlement

On the settlement day, the Judicial Scrivener will proceed with property rights transfer for the real estate being purchased.
Once the outstanding payment and other fees were settled, complete set of keys will be received and transaction is complete.
The registration identification issued by the Registry Office will be available within 1 month. All documents will be sent to you within 1 - 1.5 month.。

Required Items and Documents for Overseas Buyers:
Officially registered seal
Power of Attorney x 2 copies
Statutory declaration from government x 2 copies
(issue within 3 months)
Passport copy with photo
Identity card copy

Compare listings

Compare
使用微信掃描QR Code

使用微信搜尋WeChat ID

使用微信掃描QR Code

使用微信搜尋WeChat ID