5.Contract page 2
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1.Earnest money/ Promise money | |||||||||
When you have chosen an apartment to rent, contact the real estate agent who showed you that apartment. You will need to pay the agent 'earnest money' to keep the room on hold. 'Earnest money' is required in most, but not all, cases.
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Azukari kin(earnest money)is also called Moushikomi kin(application
money). It is payment for offically reserving a room, or officially expressing
interest in it. In some cases, azukari-kin can be refundable even if you cancel
your reservation. However, in some cases, azukari-kin is not refundable. If an
agent asks you to pay anything resembling this, make sure you ask whether it is
Azukari kin or Tetsuke kin, and be sure to find out whether it is refundable if
you cancel your reservation.
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Tetsuke kin(a kind of 'earnest money') is money held to prevent an applicant from running out on their contract, and also to protect the applicant should the contract be cancelled by the agent. It protects both parties. If an applicant gives an agent Tetsuke kin, the applicant can cancel the contract anytime by abandoning his/her Tetsuke kin. On the other hand, the agent can annul the contract at any time, if they refund double the Tetsuke kin to the applicant.
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2.Types of contracts | |||||||||
There are 2 types of contracts:
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With a corporate contract, it is much easier to pass the landlord's background check. It is advisable to ask your company to take care of your apartment for you, if at all possible.
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3.Contract forms |
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The contract forms/outline will be provided by your real estate agent.
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The contents of contracts vary widely depending upon the property owner and the real estate agent. In some cases the wording may be complex and difficult to understand. Before signing the contract, have the real estate agent explain any important matters.
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The general condition of the space to be rented and the conditons for staying there (prohibitions and requirements) will be stated in the contract. Since many (possibly strict) rules will be included, make sure you understand the contract 100% before you sign it, to avoid any trouble later on.
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4.Make sure you understand: | |||||||||
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Contracts include alot of important information, such as the duration of the contract, the details of the deposit, etc. Please take care with your contract... keep it safe and do not lose it!
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5. Receipts | |||||||||
Be sure to obtain receipts for evertyhing you pay.
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6.Moving in | |||||||||
Once you have decided what date you want to move in, contact your real estate agent, and landlord.
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If the term of your stay is too short (under a year), you may be turned down by landlords. If the day you wish to move in is too far in the future, real estate agents may not accept your request. It is advisable to move in within 2 weeks after you finalize your contract.
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If you decide to move in later than that date, you will most likely
still have to pay for rent, even though you are not living in the
apartment. |