お役立ち情報・ネタ 2020.03.11 UpDate

WEDNESDAY, MARCH 11, 2020

Japan’s Civil Code Amendment (English) Part 1

The old building which was the home to Japan's Ministry of Justice


Civil Code Amendment


The Ministry of Justice’s amendment to Japan’s Civil Code will be put into action April 1, 2020, the start to Japan’s calendar year. The revision to Japan’s Civil Code will be the first since 1890, the first revision in 120 years.


For information directly from the Ministry of Justice regarding the revision click here


One of the RE/MAX office’s in Osaka, Japan has shared a summary on the revision in a simple and clear manner. We will translate the Japanese text to English for you, our English speaking readers.


The Broker/Owner of RE/MAX L-Style, Masaki Ohnishi was the original author to the summary. This will be a two part summarization of Japan’s Civil Code, to match the original, we will make our English summary two parts as well.

For the original summary click here.


The summary will focus on the legal matters in relation to real estate transaction, mainly the details written within the real estate sales contract. Questions might arise such as what to keep in mind when you are involved in a real estate contract, both sales and lease.


Part 1 will focus on three topics:



  1. Defective Liabilities to Conformance/Non-Conformance Liabilities

  2. The notification period for Non-Conformance Liabilities

  3. The buyers right to claim any “defects” from the seller in the event of a “failed” contract. (Contract Disputes)


 


For the Full Article Click Below 



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