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It's more like a broker's fee, but goes to the landlord. It isn't returned when you move out.
by rdouble 15y ago
It's more like a broker's fee, but goes to the landlord. It isn't returned when you move out.
- mseebach 15y ago> Theoretically we could get some back when we move out, but based on our Tokyo experience I don't really believe we will. That makes it sound more like a deposit that slimy landlords will find an excuse to not refund ("Ooh, look! A scratch in the shiny floor!")?
- rdouble 15y agoI don't know why he wrote that. Key money is not returned.
- bemmu 15y agoIt could be that I am just totally wrong about this, as I am not the one who signed / read the rental agreement, but afaik both the Tokyo payment was and this payment is supposed to contain one month of deposit as well. For the Tokyo one we didn't get it back.