The Process of a Real Estate Purchase in Japan

We here provide a detailed explanation of the procedure and flow of buying Japanese real estate and acquiring proprietary rights to it. It might be possible to gather property information from outside Japan via the Internet, but it will be necessary to visit Japan at least two times in order to inspect prospective property, sign contracts, and conduct the property handover.

STEP1
Consultation Service

We are prepared to know the buyer's specific desired purchase conditions and provide information of the property which we believe is the best and to meet the needs of each of the buyers.
When purchasing a property, the buyer must pay the fee charges such as agent commission for agency transaction and registration fee as well as the purchase price. Additionally, you must prepare for the expenses of moving and others. The sum of such expenses is estimated to be 5-10% of the purchase price. We recommend making a financial plan of the payment amount summarizing the purchase price and all the charges.

STEP2
The Property Search and visit

When the buyer has fixed aim of the location, type and budget of real property, we will get started on finding a property. Once the customer finds properties that fulfill their requirements, we show the property and have them check it out for themselves.

STEP3
Purchase Application

Once you have decided on the property you would like to purchase, you can fill out the form, and our sales staff will coordinate the conditions of the sale between you and the property seller.

STEP4
Signing a Contract

  • Explanation of Important Matters
  • Conclusion of Agreement
  • Payment of contract-related fees

Once the parties have agreed to the transaction conditions, dedicated personnel from the real estate agent will explain all important details related to the contract, including property rights, legal limitations, and all transaction-related agreements. The buyer and seller then sign a sales contract containing the agreed-upon details. When that happens, the seller must be paid a deposit (5–10%), the agent must be paid a brokerage fee (half the amount), and a revenue stamp fee must be paid.

Fees required when signing contracts

For more details about fees, see "When signing a contract".

Documents required when signing contracts

  • Seal/ signature (Please ensure to bring both parties‘ seal in case of joint ownership)
  • Passport
  • Affidavit

STEP5
Closing and Transfer

  • Explanation of Important Matters
  • Conclusion of Agreement
  • Payment of contract-related fees

Once the parties have agreed to the transaction conditions, dedicated personnel from the real estate agent will explain all important details related to the contract, including property rights, legal limitations, and all transaction-related agreements. The buyer and seller then sign a sales contract containing the agreed-upon details. When that happens, the seller must be paid a deposit (5–10%), the agent must be paid a brokerage fee (half the amount), and a revenue stamp fee must be paid.

Fees required when signing contracts

For more details about fees, see "When settling the remaining payment".

Documents required when signing contracts

  • Seal/ signature (Please ensure to bring both parties‘ seal in case of joint ownership)
  • Passport
  • Affidavit
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