(しゃくち)

しゃくち
noun
leased land; rented land
financelaw
1. leased land; rented land; land held on lease
Land that is rented from a landowner for use, typically for building a house or business. The tenant has the right to use the land but does not own it.
借地(しゃくち)(いえ)()てた
I built a house on leased land.
借地(しゃくち)(りょう)毎年(まいとし)値上(ねあ)がりしている
The land lease fee increases every year.
I need to negotiate with the landowner about renewing the leasehold rights.

Usage

An important concept in Japanese real estate. Many older homes in Japan are built on 借地(しゃくち), especially in urban areas. The 借地(しゃくち)(けん) (leasehold right) is a significant legal right in Japan.

Common collocations

  • 借地(しゃくち)(けん) (leasehold right)
  • 借地(しゃくち)(りょう) (land lease fee)
  • 借地(しゃくち)契約(けいやく) (land lease contract)
  • 借地(しゃくち)(にん) (land tenant)

Similar words