Japanese Property Glossary
Legal
takuchitatemonotorihikigyoho -宅地建物取引業法
This is a law that regulates the business of real estate transactions, enacted in 1952. It primarily focuses on a system that requires real estate agents to be licensed, the real estate transaction agent system, and the business guarantee fund system. Additionally, it ensures that there are clear guidelines for what is prohibited and what must be followed in real estate transactions. The goal is to maintain fairness in real estate dealings and promote the healthy development of the industry.
tosikeikakuho -都市計画法
This law in Japan aims to support the healthy growth of cities and organize how land is used. It helps plan urban development in an orderly way, improving living conditions and providing public facilities. The law makes rules for what land can be used for, how tall buildings can be, and how properties can be used, preventing uncontrolled development and keeping cities pleasant. In real estate transactions, the property’s zoning designation and building conditions are determined based on this law.
kenchikukijunho -建築基準法
This is a law established to ensure buildings in Japan are constructed safely. It outlines standards for building structures, earthquake resistance, fire safety, ventilation, and lighting to ensure buildings provide a safe and comfortable space for people. For example, it includes rules about building height, distance from property boundaries, and evacuation routes to ensure urban planning and resident safety. When constructing or renovating a building, it must follow with the design and construction guidelines set by this law.
toshisaikaihatsuho -都市再開発法
This is a law aimed at promoting urban redevelopment in Japan. It focuses on improving old buildings and infrastructure, making better use of land, and enhancing urban functions. The law sets guidelines to ensure that redevelopment projects proceed smoothly. These projects often include the construction of commercial facilities, housing, and office buildings, with the goal of revitalizing areas and improving living conditions. The law also encourages collaboration between landowners, developers, and local authorities to ensure efficient project implementation. It plays a key role in supporting the sustainable development of cities.
bokachiiki -防火地域
「防火地域」 are designated to prevent the spread of fire. In these areas, buildings must use highly fire-resistant materials and structures. Strict fire safety standards apply to both new constructions and renovations, aiming to minimize fire risks. 「準防火地域」, have less strict rules but still require some fire safety measures, like using fire-resistant materials and following specific regulations, to keep the area safer.
Subscribe for Latest Property News
Don’t miss out! Subscribe now to stay tuned to the latest trends, news, and listings in Japan’s real estate market.