How to Handle Legal Defects in Property Purchases: A Comprehensive Risk Management Guide
Posted inJapanese Laws

How to Handle Legal Defects in Property Purchases: A Comprehensive Risk Management Guide

Question from a reader:
If I accidentally buy a property with legal defects, will I be unable to live in it? I’m worried about what to do if the building coverage ratio is exceeded.

What to Do If You Buy a Property with Legal Defects?

Recently, I received a question from a reader: “If I accidentally buy a property with legal defects,

Understanding the Importance of Mortgage Cancellation and Registration After Debt Settlement
Posted inJapanese Laws

Understanding the Importance of Mortgage Cancellation and Registration After Debt Settlement

Question from a reader:
If I fully repay my debt, does the mortgage automatically disappear? I found out that the mortgage does not disappear and that a “mortgage cancellation registration” is necessary. What is the reason for this procedure? Are there other rights that also require cancellation registration?

Considering the Disappearance of Mortgages After Debt Repayment

When a debt is fully repaid,