Home > Study > the Building Lots and Buildings Transaction Business Act > (7) Laws Concerning Real Property Registration
●Laws Concerning Real Property Registration●
In order to assert (perfect) one’s ownership and other rights on lands and residences to third parties, real properties must be registered.
Through registration, the current status of the real properties and their titles and rights are publicly announced, and the holders of rights (including ownership) for the real properties and the details of the rights are clearly indicated to third parties.
Procedures of real property registration and other arrangements have been established legally.
Through registration, the current status of the real properties and their titles and rights are publicly announced, and the holders of rights (including ownership) for the real properties and the details of the rights are clearly indicated to third parties.
Procedures of real property registration and other arrangements have been established legally.
Real Property Registration Act (Ministry of Justice) |
The Real Property Registration Act is a law for securing the rights regarding real estate and facilitating transactions by setting procedures of real property registration. For example, the law provides the rights to be registered and the content of the registration, required documents and their procedures, and other obligations regarding registration. Furthermore, major revisions were made to the Real Property Registration Act in 2004 (put into force on March 7, 2005), and the registration procedures were also changed significantly, including on-line registration becoming applicable. |