The Japan Association of Home Suppliers has announced plans to require a site geography and history report to be presented to the buyer prior to the sale of a home.
There are approximately 100 home builders who are members of the Association. The committee chairman, also company president of Mita Housing, said that following the Tohoku disaster they had received an increasing number of inquiries from clients concerned about the liquefaction risk and strength of the ground. He believes that providing a geography and history report for each property would provide help to ease the concerns of buyers. Mita Housing is about to introduce this new reporting system into their own business, and many other real estate companies also have plans to do so.
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