When you are going to rent a house for living in Japan, you may be charged the key-money as the common requirement of the landlord. Fire insurance, which is called “kasai hoken” in Japanese, is a part in the total initial move-in cost when renting house. It’s an important consideration when renting house in Japan, and here’s what you need to know about the fees:

Key money, known as “reikin” in Japanese, is a non-refundable fee paid by the tenant to the landlord at the start of a lease in Japan. It’s essentially a gift to the landlord, separate from the security deposit.

Here’s what you need to know about key money:

Purpose: It’s a gratuity fee, a way for the tenant to express gratitude to the landlord for allowing them to rent the property.

Amount: Typically equivalent to 1-2 months’ rent, but can vary.

Non-refundable: Unlike the security deposit, key money is not returned at the end of the lease.

Jasmine Court understands that key-money creates an additional burden for tenants when they are in need to rent a house for living in Japan, although this fee is a long-standing part of Japanese culture, we always remove this fee for all customers out of the total initial move-in cost for our rental guest.

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