Steps for Purchasing Property

1. 

   Purchase Consultation

   We listen first to your motivations for buying, what kind of property you want, and when you want to purchase. We explain the overall process when buying real estate and clarify future plans and next steps.

2. 

   Property Introduction

   We source properties from an extensive database using Tokyu Livable’s nationwide network and introduce properties that match your criteria.

3. 

   Local Area Information

   Once you choose the properties you are interested in, we take you to each location and show you around. We provide advice so that you can check the property and gain a full understanding of the surrounding area, transportation facilities and other points.

4. 

   Purchase Application

   Once you have decided on any properties you wish to purchase, you complete a Real Estate Purchase Application form. At this stage, adjustments are made to the contract conditions such as method of payment, date of handover, fixtures and inclusions, etc.

5. 

   Purchase Contract

   Once the conditions are finalized, our registered real estate broker will explain the important matters and terms. When both the Seller and Buyer are satisfied, they sign/put their seal on the Real Estate Purchase Contract and the contract is executed. Then the deposit is transferred.

6. 

   Property Handover

   The balance is paid and the property is handed over. A Tokyu Livable sales representative will be present on the handover day, assuming responsibility and supporting you to the final step.

* If using a bank loan, separate “loan
associated fees” are necessary.

Associated Costs when Purchasing
Real Estate

• Stamp duty when executing Purchase Contract

  Varies according to property sale price

• Our agents fees

  (in case where sale price is over 4,000,000 yen) 3. 24% of sale price plus 64,800 yen (tax inclusive)

• Registration fees

  (Registration tax and Judicial Scrivener fees)These are determined by assessed values stipulated by administrative and government agencies.

• Property tax settlement amount

  Payments completed by the Seller or due to be paid are calculated on a daily pro-rata basis.

• Property maintenance fees settlement amount

  Payments completed by the Seller or due to be paid are calculated on a daily pro-rata basis.

• Property acquisition tax

  Determined by assessed values stipulated by administrative and government agencies

* If using a bank loan, separate “loan associated fees”
are necessary.

Required Costs and Time Periods

• At time of Purchase Contract execution

  • Deposit (about 10% of sale price)
  • Stamp duty
  • Agents fees (50%)

• Payment of balance and handover

  • Balance (amount owing after subtracting the deposit from the sale price)
  • Registration fees (Registration tax and Judicial Scrivener fees)
  • Property tax settlement amount, property maintenance fees settlement amount, etc.
  • Agents fees (50%)

* If using a bank loan, separate “loan associated fees”
are necessary.
* The time of payment of loan associated fees differs
depending on the financial institution.