---
title: "Teiki shakuya (定期借家) — Class A Atlas glossary"
description: "Japanese fixed-term lease — ends on the contract date with no renewal right."
canonical: https://classa.info/glossary/teiki-shakuya
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Japanese fixed-term lease — ends on the contract date with no renewal right.

## TL;DR

- Japanese fixed-term lease — ends on the contract date with no renewal right.
- The dominant lease form for new trophy delivery in Tokyo.

# Teiki shakuya (定期借家)

*Lease structure · APAC*

## Short definition

Japanese fixed-term lease — ends on the contract date with no [renewal](/topics/lease-renewal-strategy) right.

## Full definition

The dominant lease form for new trophy delivery in Tokyo. Distinct from the historical futsu shakuya (ordinary lease), which gives the tenant strong renewal rights regardless of landlord preference. Foreign tenants should expect teiki shakuya in modern trophy assets.

## Why this matters for Class A leasing

Teiki shakuya (定期借家) is part of the lease structure vocabulary that institutional [Class A](/glossary/class-a) occupiers, landlords, and advisers use across APAC markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the APAC definition alongside the global standard so [cross-border](/topics/cross-border-expansion) occupiers can translate quickly.

## See also

- [Futsu shakuya (普通借家)](/glossary/futsu-shakuya)
- [Reinstatement](/glossary/reinstatement)

## Related guides

- [APAC leasing conventions: a city-by-city primer](/guides/apac-leasing-conventions)

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Citation: Source: Class A Atlas (https://classa.info/glossary/teiki-shakuya), updated 2026-04-01T00:00:00.000Z.