 Registration of Land In Japan
The reason for Land Registration in Japan is to have a public record of the ownership of land; the systems presently operating in Japan are different ways of recording that information.
Registry of Deeds
Under this system the person buying a property in Japan has a solicitor or legal adviser, who prepares a summary of the document transferring ownership to the person and, if applicable, also of the mortgage document. The Registry of Deeds as a record of the ownership retains the summary while the actual transfer document is returned to the Solicitor to be placed with all the other Documents of Title.
Land Registry in Japan
Here, the actual transfer deed is submitted to the Land Registry and preserved there. The Land Registry has a file for every piece of land registered there and on that file the person's ownership is recorded. As proof of ownership, the Land Registry issues a Land Certificate, which gives information on the property, the ownership and other related matters such as mortgages. After each transaction has been recorded the Land Certificate is returned to the Solicitor to be placed with the other Documents of Title.
Japan has various law firms and lawyers who can provide legal assistance in connection with housing matters. Among other things, Japan legal counsel can assist with real estate purchase and sales, real estate financing, home or apartment purchase and sales and financing, landlord-tenant issues, etc. When selecting a lawyer in Japan to assist you, be sure to select someone who is recommended and is a specialist in the area you need assistance with.
|