Japanese Real Estate Glossary
People & the Buying Process

手付金

tetsukekinてつけきん

Earnest money deposit

The deposit paid at contract signing, typically 5–10% of the price. Under the standard arrangement, the buyer can cancel by forfeiting the deposit and the seller by returning double — until the other party has begun performance. It is applied to the purchase price at closing.

Verify ownership before you sign — pull the registry record

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