About Guarantee Company

The other day, we received an application to rent a property at renovated Kyo-Machiya, where we manage the building. It is a renovated townhouse that was purchased by the owner last year. The house had been occupied since early fall of last year, but the tenants moved out this spring. Due to the effects of the COVID-19, the property has been vacant since then, but we were able to get an application the other day.
The contractor is an individual who lives in Tokyo, but he is going to start a new business in Kyoto while he keeps his current job. This time we will use 4C'S Co., Ltd. as a guarantor on contract. Today, we would like to introduce this company, which is also our partner company.

Company Name 4c’s Co., Ltd.
Business Real estate guarantor service

​Headquarters
〒105-0004 4c's Shimbashi BLDG. 5-13-7, Shimbashi, Minato-ku, Tokyo Japan
〒530-0001 Osaka Ekimae Daiichi BLDG 5F. 1-3-1, Umeda, Kita-ku, Osaka-shi, Osaka Japan

Customer Support Center
〒812-0013 4c’s Hakata BLD. 1-9-5 Hakataeki Higashi, Hakata-ku, Fukuoka-shi, Fukuoka
TEL ： +81-92-433-3725
FAX ： +81-92-441-3726
Open Hours ： 10 a.m.-5 p.m. (Except New Year holidays)

4C’S GUARANTEE SYSTEM
4c’s guarantee system is the service that 4c’s will pay rent instead of tenants who made contract with 4c’s when they cannot pay their rent. Each country has different rules to rent a room. Today, it is general to use the guarantee system when people lease a room from a real estate agent in Japan. Most of landlords expect tenants to sign up the contract of guarantee system, and it is one of the important conditions to lease a room from real estate agents in Japan. In order to ensure untroubled living conditions for both of landlords and tenants, our guarantee system is necessary. 4c’s understand that it is hard to get used to different cultures and customs, so let us support you when you try to start new life in Japan. The following inset shows you how 4c’s guarantee system is concluded among landlords, tenants and 4c’s.

1. Tenants go to real estate agents to look for a room after they find a room which they like.
2. Real estate agents ask 4c’s to guarantee the room they decided.
3. After 4c’s receive the application from the real estate agent, 4c’s examine tenants based on the information on the application.
4. 4c’s inform the estate agent of the examination result.
5. Tenants sign up for the lease after they pass the examination.
6. 4c’s guarantee system among 4c’s, real estate agent and tenants is concluded.

*If tenants cannot pass the examination, 4c’s cannot guarantee tenants or the room. After 4c's confirm all documents which are needed to conclude the guarantee system, the contract starts. If 4c's cannot confirm them, it is possible that the contract ends in failure. Please understand some important things about 4c’s guarantee system listed below. Those are highly important part to make a contract, so we would like you to read them carefully and understand them certainly.
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1. Object of contract

• Objective condition-Almost every leasing property. Including residential properties such as flat and house as well as business use properties such as office and shops.
• Contract Basis-To take out fire insurance. Basically, it is required to take out fire insurance when you rent a real estate property in Japan. 4c's would not ask tenants to join fire insurance as long they already got one.

2. About Application

• It is impossible that tenants try to apply for the system individually. The contract has to be made through real estate agents. There is information about real estate agents using our system on the homepage. If there is no information about 4c’s at the real estate agent that tenants already found, it is recommended that tenants tell the real estate agent that they would like to use 4c’s.

3. Help desks Please call 4c's Customer Support Center if you have questions.

• TEL: +81-92-433-3725 / FAX ： +81-92-441-3726 Business Hour: 10:00-17:00 (Except New Years holidays)

4. Documents Required

• Alien registration certificate or residence card
• Student ID (If you are a student)
• Health insurance card (If you have a full time job)
• Seal (You need personal seal for making the contract)
• Copy of corporate registration and certification of registered company seal in case the contract party is a company

*It is possible that we will require some extra paper works case by case.
5. About guarantee system and warranty scope

• Monthly constant expenses (Monthly rent, common-area charge, etc…)
• Monthly variable expense (Utility)
• Expense after the end of the lease contract until the tenant is out of the room
• Cost of proper legal process
• Custody charge of chattels and personal property (10,000 yen/month)

6. Contract Term From the date of the beginning of lease contract till chattels and personal property are out of the room completely.
7. About guarantee charge (initial cost) In order to use 4c’s guarantee system, it is necessary to pay guarantee charge. Basically, the charge amount is equal to the monthly rent (minimum charge is 35,000 yen); however, there is a few discount service.

• 30% of monthly house leasing fee (Minimum charge is 35,000 yen)
• 50% of monthly house leasing fee (Minimum charge is 35,000 yen)

8. About renewal fee The period of contract is basically a year. The contract will be renewed automatically. Annual renewed fee is depending on how many times tenants fail to pay rent per year.

• If tenants pay their rent by due date every month or failed just once, 10,000 yen.
• If tenants failed twice, 30,000 yen.
• If tenants failed three or more times, the charge would be the same as a month rent.

9. About overdue payment When tenants fail to pay rent, tenants will have an obligation to pay expenses listed below.

• Month guaranteed amount
• Delay damages (bear interest of 14.6% a year)
• Bank transfer fee

https://www.4cs.co.jp/english/

The above are the contents of the guarantor company and the details of payment. When you sign a lease contract in Japan, a guarantor company is required in most cases nowadays.
Therefore, you will need to use one of the above mentioned companies or a similar company, please contact your brokerage for more information.