Do You Know “Rentai-Hoshou-Nin” ? (1)

When someone makes agreements in Japan, such as when he/she rents a room, “Rentai-Hoshou-Nin” may be required.

“Rentai” means joint.
“Hoshou” means guarantee.
“Nin” means person.

And, “Rentai-Hoshou-Nin” means joint and several guarantor.
(Simple “Hoshou-Nin” means guarantor.)
There is a big problem with the term several, but I will explain it later.

When you are asked to become a “Rentai-Hoshou-Nin”, you should consider the situation very carefully.
By easily signing your friend’s house rental contract, you may bear grave responsibility beyond your expectation.

to be continued to “Do You Know “Rentai-Hoshou-Nin” ? (2)”

Published by

Kei Sumikawa

Kei Sumikawa

Attorney at law (lawyer) in Kawasaki city (next to Tokyo and Yokohama). Member of Kanagawa Bar Association (former Yokohama Bar Association).