Japan's two-address systems for land and buildings
Did you know that buildings and land in Japan can have two addresses? One for registration identification purposes and another to be used as the postal address. While this won't affect your day-to-day life, it always comes up as a question from buyers when going over the contract of sale documents, so it may be worth explaining it in detail below.
How a sale contract can be cancelled
Real estate contracts in Japan are legally binding, and as a buyer or seller it is extremely important to understand what can happen after you sign a sale contract. As we will explain below, it's not always a done deal until settlement. But it can be costly to walk away after signing the paperwork.
Understanding the difference in earthquake codes for apartment buildings
Buyers often ask us about earthquake codes. For a country that lies alongside the Pacific Ring of Fire, it is a risk that we should all be aware of.
The most recent major change to the Building Standards Act for earthquake resistance occurred in 1981.