Month: July 2016

What is a Shihoshoshi Lawyer?

These are the national qualified professional, able to deal with company registration and real estate registration.

Registration of company involves many laws, such as the Companies Act, and real estate registration also involves many laws, such as the Civil Code.

The Shihoshoshi Lawyer is the national qualified lawyer specializing in those laws.

A Shihoshoshi Lawyer who is accredited to represent a client in summary court proceedings can be the client’s representative in a summary court.

For more information
Shihoshoshi Lawyer Akiko HORI

Legal Advice for Business in Japan

How to Buy a property in Japan

How can I register my ownership of the property (Transfer of Ownership Registration) after conveyance?

You can register your ownership by submitting application forms to the Legal Affairs Bureau.

Examination at the Legal Affairs Bureau will take one or two weeks after submission.
After the procedures of the registration are completed, you can obtain the certificate of your ownership.

Anyone can take the certificate by paying a ¥600 fee.

You should attach to the application form:
the certificate that the seller creates,
the seller’s stamp certificate,
the Registration Settled Certificate (the proof of the ownership that can only be issued for the owner and it is never issued at a second time.)
your Residential Certificate.

This very strict procedure ensures the security of the property transaction.

The procedures for property registration are very strict and difficult to understand for most people, so that a national qualified professional, Shihoshoshi Lawyer conducts the registration procedures.

For more information
Shihoshoshi Lawyer Akiko HORI

How to Buy a property in Japan

How can I check and confirm rights relating to a particular land or building?

You can investigate property details by obtaining the certificate of registration for the property at the Legal Affairs Bureau.
The certificate can be issued quickly, about 10-20 minutes after submission of the application form, and the fee is ¥600.
The certificate is issued only in Japanese, unfortunately not in English.

The certificate of the registration (Registration History) includes details of the owner, mortgage and leasehold rights. The certificate of the registration (Registration History) describes previous transactions, such as the past owner, who conveyed the property to the present owner, the reason for the conveyance, such as purchase-and-sale, donation or inheritance.

For more information
Shihoshoshi Lawyer Akiko HORI

How to Buy a property in Japan

Is there a time limit on owning a property after purchase?

No. You can own a property permanently until you convey the property to someone else.

You can have a right of the ownership of Japanese property. There is no time limit to keeping ownership of the property.
You can also rent an office and a land. However, there is a time limit to the lease which depends on your contract.

When you have permanent ownership of a property your individual name, you are recommended to consider the legal provisions on inheritance.

For more information
Shihoshoshi Lawyer Akiko HORI

How to Buy a property in Japan