property

September 12, 2017

What do the Incoterms CFR and CIF mean?

Goods shipped under the condition Cost and Freight (CFR) must be loaded onto the method of transport by the seller.  The seller is then responsible for paying any fees associated with the port of loading as well as paying the shipping cost to deliver the goods to the buyer.  However, the cost of insurance (if necessary) and all fees associated with the port of call are borne by the buyer.
August 16, 2017

If a third party starts sharing an apartment with the renter, does this count as subleasing?

The rule against subleasing extends to situations where friends or family move in with the renter.  Having a temporary visitor at a rented apartment is normally not a cause for legal action on the part of the landlord, but a problem arises if the visitor begins living at the apartment.  If someone other than the renter begins living at the apartment, the additional party needs to also be on the rental lease.
May 17, 2017

What types of property should be registered with the Japanese government?

There are three general types of registration for property in Japan.  The first is the system of registration for immovable property or real estate.  Registering ownership of real estate will clarify not only the ownership rights but also what types of rights are included in that ownership.
February 27, 2017

What does the Incoterm FOB mean?

When goods are shipped with the condition Free on Board (FOB), the seller is responsible for preparing the goods for shipping and loading them onto the ship for transport.  The buyer is then responsible for paying the cost of transportation and any fees imposed at the eventual port of call.  Insurance, if necessary, is also the buyer’s responsibility, as the risk of loss transfers to the buyer upon the seller loading the goods onto the transport.  The term FOB can only be used in situations where goods are being shipped by land or sea.