1.
guarantor company; rent guarantee company
A company that, for a fee, guarantees a tenant's rent (or a borrower's loan) in place of a personal guarantor, and pays the landlord if the tenant does not.
Cultural note
Renting a flat in Japan has traditionally required a 連帯保証人, usually a parent. Today most landlords instead require, or accept, a 保証会社. The tenant pays it a fee at signing (often half to one month's rent) and a renewal fee every year or two.
Common collocations
- 保証会社を利用する: to use a guarantor company
- 保証会社の審査: the guarantor company's screening
- 保証料: the guarantee fee
Related words
Related Words
Related:
連帯保証人 (joint guarantor)
Related:
敷金 (security deposit)
Related:
礼金 (key money)