When you own a condominium in Japan, monthly expenses include a management fee and a repair fund. Management fee Management fee is expenses used to manage common areas, which are necessary for the comfort and safety of daily life. Specifically, they include cleaning services for common corridors, entrance halls, and Read more…
When a contract is drawn up for a real estate transaction, a tax called stamp tax is imposed. Stamp duty is a tax levied on taxable documents. A taxable document is a document defined by the Stamp Tax Law, such as a receipt, contract, IOU, bill, stock certificate, or bond. Read more…
If you own a condominium unit in Japan, your monthly expenses are as follows. Building management fee Building management fees for condominiums cover the cost of maintaining common facilities and common areas. These include cleaning and lighting of elevators, hallways, and common areas, garbage collection, routine maintenance of exterior walls Read more…