Sublease contract Formulation of guidelines summarizing unfair solicitation methods, etc. October 24, 12:32
The Ministry of Land, Infrastructure, Transport and Tourism is unfairly soliciting regulations under a new law, as real estate companies and others are constantly having trouble with "sublease contracts" in which they rent apartments in bulk from their landlords and rent them to residents again. We have formulated guidelines that summarize specific examples of methods.
Regarding sublease contracts, the landlords of apartments have been consulting with consumer affairs centers nationwide about problems such as "real estate companies do not keep their promises to guarantee rent income."
For this reason, a new law will come into effect in December to prohibit unjustified solicitations and hype to landlords from real estate companies that have sublease contracts.
Prior to this, the Ministry of Land, Infrastructure, Transport and Tourism has formulated guidelines that specifically summarize the acts subject to regulation.
In the guidelines, when you put words such as "rent guarantee" or "vacancy guarantee" in the advertisement, clearly describe the precautions in the case where the rent is reduced, and also show that the maintenance cost borne by the landlord is significantly low. I want not to.
In addition, important matters such as contract period, rent, and handling of repair costs are required to be explained in writing, and it is desirable to allow a sufficient period of about one week before the contract.
The Ministry of Land, Infrastructure, Transport and Tourism will disseminate this guideline through industry groups and hold online information sessions for landlords.