What is "completion guarantee" that you should know if building newly or adding or changing it?

A major housing maker in Shizuoka prefecture "Fuji House"ButTotal liabilities ¥ 63.8 billionsoSelf-bankruptcyAlthough it was thought that there are about 800 houses, incomplete houses, even during construction, and about 1,300 houses that have not yet been constructed yet paying a deposit, but today Fuji House There is an announcement from bankruptcy trustee of the bankruptcy trustee, and the property which completed by February 28 and can be handed over continues as it is, but it has already started construction but the property after completion is March 1 asking another company to continue There is a possibility of additional financial burden), the construction unfinished is in a form that another company undertakes after refunding the advance payment within bankruptcy proceedings.

Either way, although the house seems to be finished somehow, it will be necessary to have more money than originally planned, and it is deeply in the circumstances and the industry that it falls into a situation that it becomes unknown whether or not it will be completed in the first place I am not sure unless I am a person who is stuck in details.

To prevent this from happeningCompletion guaranteeAlthough there seems to be something like "What is it in the first place, what kind of price is it?" I tried to investigate a bit about it. Details are as below.
First of all, let's see the "housing completion warranty system" provided by the "Housing Assurance Organization".

Housing completion guarantee system | Housing guarantee organization foundation
http://www.how.or.jp/kansei/index.html

In short, even if the construction company went bankrupt before the house was completed like this time Fuji House "When ordering construction from a contractor who has registered under the prescribed examination, even if the contractor goes bankrupt during construction in the unlikely event, it is possible to complete the house with a minimum additional burdenThe system called. It is not obliged and the constructor will ask the constructor to enter the construction company.

The warranty type is A type and B type, and it is as follows.

Two Types of Guarantees | Foundation Housing Assurance Organization

A type guarantee
If the substitute performer * constructs an incomplete part of the house, the original budget may be exceeded due to rework construction fee such as rebuilding of the scaffold, lease re-contract expenses of the construction machine, etc. We will guarantee the cost (incremental construction cost) which has been increased due to the transfer of this construction as the limit amount of 20% of the initial contract amount.
* Alternate Fulfillment Contractor - When a warranty accident occurs, say the contractor to take over the construction instead.

B type guarantee
In addition to the A type guarantee, it guarantees the damage in case of a difference between advance payment and volume. (However, the damage guarantee of the advance payment is limited to 20% of the original contract price.)

These warranties need to be issued by the Agency based on an application for warranty consignment by the registrar.

Basically the subject of guarantee is "Newly constructed detached houses construction (combined housing available, structure does not matter)"Although it is becoming, the price is not written anywhere searching the page.

Since it can not be helped, I called and asked the completion guarantee department of the "Housing Assurance Organization".

Q:Housing completion warranty systemI am looking at the page of, but it seems that the fee is not written anywhere. How much is the price?

A:You can find out if you can get the materials at each prefectural counter, but the price will change depending on the contract price. In the case of a property with a contracted amount of 20 million yen, it becomes as follows.

A type: 46,000 yen(40,000 yen if set as "Mamoru Sanma Insurance")
B type: 52,000 yen(If set as 'Mimori Sanma Insurance' 50,000 yen)

Damage guarantee of advance payment is limited to 20% of original contract priceI am doing it.

Q:Business report for Heisei 20Looking at "the status of the housing completion guarantee system" as the total number of guarantee consignment contracts is only "134", this seems to be rather small compared with 74,000 houses etc. of the "housing performance guarantee system". Is this number fewer or more people?

A:This number has been changing every year.

Q:Is not it informed of the existence of this system in the first place or is it not well known?

A:As a case that many companies apply for as a business, many are asked by the enforcer for completion guarantee. Unlike in the past, unlike now it says that "I am in a completion guarantee" and it seemed to be low in credit because "management is in danger so that it can not be completed till the end?", But recently It seems that circumstances are different.

Q:By the way, have you been operating this system for years?

A:It will be around 10 years ago.

I see. And further examination, it seems that there are major manufacturers and other companies that independently perform such completion guarantee, and this time it is "Housing Anshin Security Co., Ltd."Also"Completion guaranteeIt seems to be going on, so I checked it.

Guarantee fee: Regardless of construction cost, uniformly 50,000 yen
Guaranteed Amount: Up to 11 million yen, or Contract Amount × 30% whichever is lower
Warranty subject: Single-family low-rise order housing, multi-family housing, combined housing, retrofitting construction
* It guarantees overpayment fee (the amount paid more than current volume) and full increase in construction (takeover additional work).

Looking at the contents of performance of the guarantee, it is continuing construction and monetary compensation, and it is similar to the previous plan A · B. Warranty subjects are somewhat wider, and the amount may be slightly cheaper. I also asked about this by phone.

Q:"Increase and renovation work" is included, but is this about remodeling?

A:Reform is not included. It is targeted for constructions at the level of changing the outside of the interior, originally targeting a newly constructed detached house, from which we have expanded the target and now it has become like it is now. Therefore, only renovation of the interior does not enter the renovation work.

Q:"In principle, it is the property whose contract amount is up to 36 million yen", and "The guaranteed money amount is the lower one of 11 million yen for each building or 30% of the construction contract contract If there is a contracting fee of 36 million yen, 30% will be 10.8 million yen, which means that it can not be 11 million yen, but there is a possibility that it can undertake even the property of 36 million yen or more Is that it?

A:Reception is also available for properties over 36 million yen. However, it means that money can only be guaranteed up to 11 million yen even if the property is 50 million yen.

Q:It is similar to the plan A · B of "Housing completion guarantee system" of the "Housing Assurance Organization of the foundation corporation" by a similar system, but which is more merit than this "housing completion warranty system"?

A:For example, making it to the foundation in the middle and paying 10 million yen already, but if the business goes bankrupt at that stage, the property in the middle of making is not the one of the contractor but the thing of the business side .

Example:Ownership of the building under construction?

The ownership of the building under construction is in the building company, and the owner is only one of the creditors. Buildings under construction that have completed construction and are under construction are owned by the building company and the owner is only one of the creditors. Even if we pay a construction fee of 1.5 million yen, the owner can not make another building company do the rest unless we can not arrange multiple credits / debts. Construction money also does not return first. The owner must solve all these problems one by one.

In the case of "completion guarantee", we will be the owner, we will perform money guarantee etc. The subscriber becomes a business entity, which causes the notification fee etc to be somewhat lower. However, because it is the same as the insurance that you throw away, it seems there are times when the completion guarantee is judged as a demerit in the case of a person who thinks that such circumstances will not occur.

Q:In the case of the "housing completion assurance system" of the "Housing Assurance Organization of Japan foundation", there are only 134 units that completed the completion guarantee for the year, but in the case of "completion guarantee" of "Residence Housing Anshin Guarantee" Is it applied to doors?

A:I do not know the specific number, but it is about "700 to 750".

Q:Is the name recognition of this system low in the first place?

A:Until now it was a system that was not used much, but recently it has become more popular.

Q:How long have you been using this system?

A:It started from the time the company was established, so it will be over 10 years ago. At that time I was not noticed as much as I did.

Q:Did we start such a demand for completion guarantee as it came out from the business side, or did it start because the constructor came out?

A:This complete warranty is that a major building material manufacturer also becoming our shareholder started by wanting to become the power of the current construction shop. Even if it should go bankrupt, it seems that it was the purpose that it was not taken over by a major builder as it is.

I see, i see. Until now it seems that there was not a welcome mechanism from the business side so much, but it seems like that it is actually being reconsidered and reconsidered under recent circumstances that "I do not know when even the major can collapse" is. In the future, perhaps such a guarantee system may have entered the "era of culling" where only the place where the constructor can be relieved survives ... ....