Guarantor Content

Covered costs Cost of rental, waste, replacement, legal procedures, waste disposal, restoration *1
Payment date*2 Within 3 business days from the day we received the payment request on behalf of tenant.
Limitation Equivalent to 24 months rent payment
Solutions for late payment *2 If the late payment lasts for 3 consecutive months, the landlord can make a claim for the late payment and we will pay you these late payments within 3 business days from the day we received your claim.
Lawsuit In case of late payment for more than 3 consecutive months, we will seek a lawyer appointed by us filing a lawsuit accordance with the regulations.
Cancellation without payment In case of late payment for less than 3 consecutive months and canceling the contract, we will still pay you the late payment within 3 working days from the day we received the claim.
Cost of restoration After 2 months from day the contract has been terminated, we will discuss with the tenant and then start the restoration.

1.Consider the extent to which our company thinks is reasonable about tenants’ responsibilities based on “The difficulties and guidelines around the restoration published by the Ministry of Land, Infrastructure, Transport and Tourism in August 2011.

2.In the event the person signing the lease does not pay the rent for a continuous period of 3 months, we will be the one to pay the late rent payment to the landlord. From the 4th month onwards to ensure eligibility for a lawsuit, we will stop paying the late payment. The delayed payment will be refunded to the landlord after we finish the settlement with the tenant.

Notification

Company details

Tên công ty: Cloud Guarantor

Trụ sở chính: 16-13, 3-chome Roppongi, Minato-ku, Tokyo

Vốn: 10,000,000JYP

Người đại diện: Okazaki Mikio