A non-returnable fee at the start of the tenancy. It is determined whether the realtor says Shikibiki or Reikin depending on the region.
There are two type of descriptions for deposit and Keymoney.
When they use Shikikin (Deposit), they set Shikibiki (Keymoney). When they use Hoshokin (Deposit), they set Reikin(Keymoney).
Reikin can be translated for a a mandatory gift money to the landlord.
Shikibiki is a part of amount for Shikikin, and deducted from Shikikin when the contract is terminated.
Typically, reikin will amount to the equivalent of 2 months' rent.
Shikibiki typically amounts to the equivalent of 2 months' rent. Shikikin typically amounts to the equivalent of 2-6 months's rent.
Type:A
Hoshokin(Deposit):200.000yen
Reikin(Keymoney):100,000yen
-->The lessee pay 300,000yen for keymonety and deposit.
When the contract is terminated, 200,000yen should be refunded.
Type:B
Shikikin(Deposit):300,000yen
Shikibiki(Keymoney=Deduction):100,000
-->The lessee pay 300,000yen for keymoney and deposit.
When the contract is terminated, 200,000yen should be refunded(100,000yen is deducted).
Useful information for living in japan
Thursday, February 28, 2008
敷引/Shikibiki, 礼金/Reikin (Keymoney)
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