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No deposit no key money Apartment in Sapporo
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What are "deposit" and "key money"?
Understanding these terms are important!
①Deposit／敷金 （shikikin）
The money that you pay to a landlord when you move into the apartment. It is collected in case the you cannot pay the rent. At the end of the rental contract, if there is no unpaid rent or significant damage, it is usually refunded.
②Key money／礼金 (reikin)
The money that you pay to a landlord when you move into the apartment. Key money is customary and has no legal basis. Usually paid to landlords in case you want to negotiate something, like having a pet or other adjustments. It is usually not refundable.
