If a lease is perfected in accordance with the laws and regulations including the preceding Article, and Articles 10 and 31 of the Act on Land and Building Leases (Act No. 90 of 1991), and the relevant immovables are assigned, the status of the lessor of the immovables is transferred to its assignee.
前条、借地借家法（平成三年法律第九十号）第十条又は第三十一条その他の法令の規定による賃貸借の対抗要件を備えた場合において、その不動産が譲渡されたときは、その不動産の賃貸人たる地位は、その譲受人に移転する。
Notwithstanding the provisions of the preceding paragraph, if the assignor and the assignee of immovables agree that the assignor reserves the status of lessor and that the assignee leases the immovables to the assignor, the status of lessor is not transferred to the assignee. In such a case, if a lease between the assignor and the assignee or any successor of the assignee is terminated, the status of lessor that the assignor has reserved is transferred to the assignee or any successor of the assignee.
前項の規定にかかわらず、不動産の譲渡人及び譲受人が、賃貸人たる地位を譲渡人に留保する旨及びその不動産を譲受人が譲渡人に賃貸する旨の合意をしたときは、賃貸人たる地位は、譲受人に移転しない。この場合において、譲渡人と譲受人又はその承継人との間の賃貸借が終了したときは、譲渡人に留保されていた賃貸人たる地位は、譲受人又はその承継人に移転する。
The status of lessor under the provisions of paragraph (1) or the second sentence of the preceding paragraph may not be duly asserted against the lessee unless the transfer of ownership for the immovables under lease is registered.
If the status of lessor is transferred to the assignee or any successor of the assignee pursuant to the provisions of paragraph (1) or the second sentence of paragraph (2), the assignee or any successor of the assignee succeeds to the obligation to reimburse expenses under the provisions of Article 608 and the obligation to refund the security deposit prescribed in Article 622-2, paragraph (1) under the provisions of that paragraph.