Explanation of expressions relating
to Japanese real estate

Specific expressions used in the contract.

Rent	Monthly rental fee. Some include management fees for maintaining public facilities and public service fees.
Deposit	Equivalent to 1-2 month's rent. Cleaning and maintenance fees will be deducted when leaving the property. The remainder will be returned to the tenant.
Key money	Equivalent to 1-2 month's rent. Paid to the landlord when signing the contract to express thanks. Not returned when leaving the property.
Agent fees	Equivalent to 1 month's rent, paid to the agent for introducing the property.
Renewal fees	1-2 month's rent payable when updating the contract after 2 years.
Joint guarantor	The guarantor guarantees the identity of the tenant when signing the contract. As a basic condition, the joint guarantor must be an independent adult. In principle, the guarantor should be Japanese.