Request for materials/inquiries Free real estate individual
counseling

Learn real estate management

Sa line

Reconstruction not possible

 

This is how "non-rebuildable" is referred to within Conspi. As the name suggests, it is land on which a new building cannot be built. This is mainly due to a "violation of the road access requirement" under the Building Standards Act. Prices tend to be low due to difficulties such as difficulty in obtaining financing, difficulty in selling, and inability to rebuild. It is best for amateurs to stay away from this type of property.

 

Sabri (Saburi)

Abbreviation for sublease contract. Refers to a "sublease contract" in which a tenant who rents a room from an owner becomes the landlord and rents it to a third party.
In the case of income-generating properties, in most cases, a rental management company rents the property and then subleases it, essentially creating a form of "lease guarantee" or "rent guarantee." Therefore, subleasing is often used synonymously with rent guarantee.

 

Remaining

It means "left behind items." It is used in a wide variety of situations, but generally it is used when furniture is left behind in a room. For example, when a tenant runs away in the middle of the night or dies in the room, you may ask "Is there anything left behind?". It is an abbreviation for a sublease contract. It refers to a "sublease contract," in which a tenant who rents a room from an owner becomes the landlord and rents it to a third party.
In the case of income-generating properties, in most cases, a rental management company rents the property and then subleases it, essentially creating a form of "lease guarantee" or "rent guarantee." Therefore, subleasing is often used synonymously with rent guarantee.

 

Urbanization area

One of the divisions of urban planning areas designated based on the City Planning Act.
"Areas that have already formed urban areas and areas that will be
It is defined as an area where urbanization should be promoted in a prioritized and planned manner.

To put it very simply, it is an area where you can build buildings.
Within urbanized areas, "use zones" are always designated.
In contrast, "urbanization control areas" are areas where buildings cannot be constructed freely.

 

Self-management

It is an abbreviation for self-management (just with the character "ri" removed).
We do not entrust any building management related work to a building management company.
A form of management carried out by the management association (owner).
There are some properties that are well looked after and running smoothly,
In the case of income-generating real estate, there are almost no owners who actually live there,
Care must be taken when managing income-generating properties independently.
Since surveys are often not made, it is difficult to confirm repair histories or unpaid management fees.

 

Revenue return

As the name suggests, this is the assessed value calculated by dividing the rent of income-generating real estate.
From the current rent or expected rent at full occupancy of the target property,
If you convert it at ●%, the result would be ●●●● million yen.
Naturally, properties with good occupancy are more likely to receive a positive evaluation.

 

Important explanation

An explanation of important matters or an explanation document of important matters in real estate sales and purchases.
A document that summarizes the things you should be aware of and the matters you should be aware of when entering into a real estate contract.
It mainly consists of sections about "the real estate being traded" and "the transaction itself."

 

Heavy key (10-cho)

The official name is "Investigation Report on Important Matters."
This is a document that must be issued by a building management company and contains information about the management of the building.
It lists the amounts of management fees and repair reserve funds, the total amount of repair reserve funds, the history of large-scale repair work, and the status of overdue management fees, etc.
Prior confirmation is essential when purchasing a used condominium unit.
(However, in the case of intermediary transactions, there are many cases where the information is not provided in advance due to reasons such as the intermediary company not having acquired the license.)

 

Transfer tax

This is a tax levied on capital gains, which is income generated from the sale (transfer) of real estate.
If you make a profit (purchase price - selling price), you will be taxed. Note that resident tax will also be levied at the same time.
Depending on whether the ownership period is over five years or not, it is classified as a "long-term transfer" or a "short-term transfer", and the tax rate differs for each.
Since "book value" is also involved, care must be taken here (please ask staff how to calculate it).

 

Extension

It is an abbreviation for "site extension" and is commonly referred to as "shikien" in the real estate industry.
Essentially, it has the same meaning as "flagpole lot," which may be the more familiar term.
In principle, buildings must have access to roads when constructed within urban planning areas, but this does not necessarily have to be the case if permission is obtained from the Architectural Review Board.
(The site must border a road at least 4m wide as stipulated by the Building Standards Act for at least 2m in length.)

 

Various expenses

This is a tax levied on capital gains, which is income generated from the sale (transfer) of real estate.
If you make a profit (purchase price - selling price), you will be taxed. Note that resident tax will also be levied at the same time.
Depending on whether the ownership period is over five years or not, it is classified as a "long-term transfer" or a "short-term transfer", and the tax rate differs for each.
Since "book value" is also involved, care must be taken here (please ask staff how to calculate it).

 

Estimation

The various expenses mainly incurred when buying and selling are collectively referred to as "miscellaneous expenses."
These are expenses outside the purchase price, such as brokerage fees, revenue stamps, registration fees, and fire insurance premiums.
When taking out a loan, stamp duty, commission, and guarantee fees will be incurred separately. These are usually recorded as expenses in the first year of purchase, so they cannot be deducted from the purchase price when selling.

 

Setback

If the width of the road in front of the site is less than 4m, the road boundary line must be set back 2m from the center line of the road.
Properties completed in recent years should have been built with a setback. When purchasing land to build a property, it is important to check as there is a possibility that you may not be able to build the building you intended.

Seminar/Webinar

At Conspirit, we hold seminars and webinars as [learning content] in order to bridge the "information gap" between customers and real estate companies. Please experience the [learning content] provided by a management company that is a professional in operation and asset value maintenance.

free real estate
Individual counseling

We accept all inquiries regarding rental management, sales appraisals, and real estate. After applying, we will contact you.

Regarding real estate management and real estate investment
For inquiries, please click here

top
en_USEnglish