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Article 23Fixed Term Land Leasehold Right for Business Purposes

第二十三条(事業用定期借地権等)

When the objective is the ownership of a building used solely for business (excluding those used for residence; the same applies in the following paragraph) and a land leasehold right with a duration of at least thirty years and less than fifty years is to be established, notwithstanding the provisions of Article 9 and Article 16, it is possible to prescribe that there is to be no extension of the duration due to renewal of the contract or construction of a building, and a demand for purchase under the provisions of Article 13 is not to be made.

専ら事業の用に供する建物(居住の用に供するものを除く。次項において同じ。)の所有を目的とし、かつ、存続期間を三十年以上五十年未満として借地権を設定する場合においては、第九条及び第十六条の規定にかかわらず、契約の更新及び建物の築造による存続期間の延長がなく、並びに第十三条の規定による買取りの請求をしないこととする旨を定めることができる。

If the objective is the ownership of the building used solely for business and a land leasehold right with a duration of ten or more and less than thirty years is to be established, the provisions of Articles 3 through 8, Article 13, and Article 18 do not apply.

専ら事業の用に供する建物の所有を目的とし、かつ、存続期間を十年以上三十年未満として借地権を設定する場合には、第三条から第八条まで、第十三条及び第十八条の規定は、適用しない。

Contracts with the object of establishing land leasehold rights provided for in the preceding two paragraphs must be made by notarial deeds.

前二項に規定する借地権の設定を目的とする契約は、公正証書によってしなければならない。

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