Guidance on the Procedure for Subscribing to the Rent Liability Guarantee Service
When entering into a contract for a condominium or apartment, one of the following is mandatory: 【① Designate a joint guarantor】 or【② Subscribe to a rent liability guarantee service】.
Of these options, there is a growing trend of many properties specifying the subscription to【② Subscribe to a rent liability guarantee service】 as a condition for occupancy.
Yokohama National University Co-op can introduce you to the “University Co-op Anshin Smile-Kun”, operated by a subsidiary of the university co-op.
In some cases, the contracted rent guarantee company may be specified, so it is recommended to check with the property owner/management company before using this service.
The eligibility criteria for subscription are as follows:
◆Individuals enrolled at Yokohama National University as students, faculty, staff, or researchers.
◆Individuals who will soon be enrolled at Yokohama National University.
※Note: It is not mandatory to provide information such as nationality, place of residence, or Japanese language proficiency. However, it is necessary to register someone residing in Japan as your emergency contact.
Guarantee Contents
◆Guarantee Contents
①Rent, etc. ※Rent etc. means encompasses rent, management fees, parking lot fees, and other fixed monthly expenses.
②Variable fee (equivalent to actual cost).
③Renewal fee (equivalent to 2 months of the total rent).
④Settlement fee at the time of moving out.
⑤Early termination penalty (2 months of the total rent, etc.).
⑥Legal fees (equivalent to actual costs).
Guarantee limit: 24 months of the total amount of rent, etc.
Guarantee period: From the time of signing the contract to the time of vacating the apartment.
◆Guarantee Commitment Fee
Upon accepting the guarantee, the following Guarantee Deposit is necessary:
Initial Guarantee Deposit (once at the time of the contract) …10,000JPY
Annual Warranty Deposit (per year after signing the contract) …10,000JPY
Guarantee period…From the time of signing the contract to the time of vacating the apartment.
※In the event of a rent increase after signing the guarantee agreement, an additional guarantee fee may be applicable.
Application Procedure
①Obtain permission from the property owner/management company to use “University Co-op Anshin Smile-Kun”.
Click here to view the information for owners and management companies.
②Download and complete the required information
③Contact Yokohama National University Co-op via e-mail（ynu-oheya-sagashi@univ.coop）. Please attach the following data.
【For both Japanese and foreign nationals】
・ Application form and Guarantee Application Form (filled out and signed by the applicant).
・ Photocopy of one of the following documents: Student ID or staff ID or researcher ID, letter of acceptance or letter of admission, proof of enrollment or employment.
【For Japanese nationals】
・ A copy of one of the following: health insurance card, driver’s license, passport (photo page), or pension book.
【For Foreign nationals】
・ 在留Photocopy of one of the following: Residence card (both sides) or Special Permanent Resident Certificate or Passport※
※The page with your photo and name, and the page with the expiration date and status of residence.
④ Allow 2-3 days for the application to be verified and for the guarantee company to complete their screening.
⑤ Following the completion of the screening, Yokohama National University Co-op will contact you by e-mail regarding the transfer of the guarantee consignment fee (10,000JPY).
⑥ Upon confirming the transfer of fee, the Guarantee Consignment Agreement will be sent via email. Please store it in a secure place.
This concludes the procedure. For any inquiries, please don’t hesitate to reach out to us via e-mail.
Mail: ynu-oheya-sagashi@univ.coop