• 2021.06.23
  • Japan business manager visa
  • Japan property
  • Japan Property Investment
  • Property agent Japan
  • real estate japan
  • Rent guarantee company

Rent guarantee companies in Japan

Rent guarantee companies in Japan

Hello! Masaki Tanzawa, real estate/property agent and management professional in Japan.

Today I will talk about rent guarantee companies in Japan. It will appear wherever you rent out your property to gain profits.

What are rent guarantee companies?
In Japan, it is common to request a guarantor for a rent guarantee when renting a house.
It may not be very familiar business practices in countries other than Japan.
Recently, there has been an increase in the use of rent guarantee companies instead of guarantors. Some prudent lenders may impose contracts with rent guarantee companies in addition to guarantors at the time of the lease contract.
A rent guarantee company is a company that plays the role of an insurance company that prompts the tenant to pay on behalf of the tenant or temporarily replaces the delinquent rent with the landlord if the tenant’s rent is delinquent. The cost for the warranty will be charged to the tenant.

I think the above business customs are helpful for landlords, and it can reduce the risk of holding bad debts.

AER NEXT LLC.
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