What is a room update?
Update automatically?
Updated by agreement?
Renewal situation of rental property
What are the necessary procedures for renewal? ??
If you move in and continue to live for two years, you will often have to "renew", or if you move to another place, you will have to move out, right? Either way, there are various points to be aware of. Here, I will teach you the know-how of updating that you will lose if you do not know it.
The basics to update are these 4 steps!
1.
Confirmation of contract renewal
"Rental contract for renewal"
* Documents are different depending on whether it is automatic or agreed.
3.
Renewal of fire insurance and warranty
2.
Submission of required documents
Please sign and seal the "Renewal Lease Agreement" and return it.
4.
Payment of renewal fee
Question 1 Difference between "automatic renewal" and "agreement renewal"
Let's start with the definition of terms for agreement renewal and statutory renewal.
First, about renewing the agreement.
Renewal of agreement (Gouikoushin)
In a rental contract, the contract period is renewed by the agreement of the parties.
When renewing the term of a lease contract by agreement, there is no limit on the contract term, but if the term is less than one year, it will be considered that there is no fixed term.
On the other hand, it is about legal renewal.
* Strictly speaking, legal updates and automatic updates are different, but here they are treated as having the same meaning.
Legal renewal
In a lease contract, the contract period is automatically renewed based on the provisions of the Land Lease Law.
In the rental contract, if the contracting party does not notify that the contract will not be renewed or that the contract will not be renewed unless the conditions are changed, the contract is renewed under the same conditions as the previous contract. This is a legal update.
As mentioned above, "renewal of agreement" is, as the word implies, renewal of a contract with the agreement of both the lender and the borrower.
On the other hand, "statutory renewal" means that if the agreement regarding the renewal of the contract between the lender and the borrower is not made by the end of the contract, the contract will be made under the same conditions as the previous contract (the same contract conditions as the previous contract). Can be updated.
Without this statutory renewal provision, if the renewal negotiations are difficult and the agreement is not reached by the end of the contract, or if the renewal agreement is forgotten, the borrower will have no place to live, so those remedies (consumption) Legal renewal is stipulated from the viewpoint of personal protection).
Question 2 Do you have the documents to update?
First, when the renewal expiration date approaches, we will mail the renewal documents.
The procedure differs depending on the renewal method, so please read the contract renewal information carefully and take appropriate action.
"Automatic renewal" contractor ● Contract change application (We will inform those who incur renewal fees, etc.)
Please return it only if there is any change in the information received during the previous contract period.
Contractor of "Agreement Renewal" ● Contract renewal application form Please fill in the current information of the contractor.
● Confirmation of renewal of lease contract Please confirm the lease conditions and fill in and seal the lessee.
Please check the above two points, sign and seal, and return it.
Other precautions when renewing the contract
* If the fire insurance contract that accompanies the lease contract is not our contract, the updated information will be unknown.
We will enclose a confirmation sheet for fire insurance with the renewal documents.
If you are insured by another company, please let us know the information on valid fire insurance.
* Renewal documents must be submitted 2 months before the contract expires.
We are shipping.
* If you plan to move out before the update, you will need to request to move out in writing or by email.
The cancellation notice deadline varies depending on the contract details, so please check the lease contract in advance.
Even if you apply for moving out, there is a deadline for those who withdraw from the account or pay by credit card, so we request a financial institution.
It may not be possible to change the amount after the request.
If the renewal fee, etc. is withdrawn on the same day, if you move out before the renewal, you will be charged a part of the cost at the time of moving out or will be refunded.
