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It is refunded after the actual contract is signed and is often equal to about one month's rent. For instance, in Shichikashuku, the rent for one of many detached homes offered by the municipality is JPY 35,000 per 30 days. This may equal paying a JPY 8.4 million (approx. It doesn't matter what your reason was for choosing one tenant over another, you cannot be discriminating about the selection. However spending this amount on rent alone, he convinces his colleague that there’s no cause not to get decisive and buy a property instead. The deposit is usually equivalent to several months' rent. '