When a Bargain Becomes a Burden: Understanding Japan's Demolition Liability Laws Before You Buy an Akiya
Japan's akiya market offers remarkably low entry prices, but beneath those figures lies a legal obligation many overseas buyers never anticipate: the potential requirement to fund demolition of a structurally unsafe property at their own expense. Understanding how Japanese municipal enforcement works—and how to conduct rigorous due diligence before signing—can mean the difference between a sound investment and a costly legal entanglement.