What's Key Money? How to Avoid it Renting in Japan
The dreaded key money, The most commonly hated fee involved with the initial payments for apartments in Japan. Below you will find everything that you need to know about this fee and more.
What Is Key Money?
Some people think that reikin (礼金) or ‘key money’ means the total initial cost for an apartment in Japan. This is not the case. It is only one out of many non-refundable fees that can be attached to an apartments initial cost. Key money is basically a present that you give to the landlord. This fee is most common with larger apartments. However it is still very common for most apartments in Japan.