A condominium unit located in a popular residential area of Tokyo, with a very old building but a large site and a very good environment for living, was publicly announced by the court as real estate for auction. It was an attractive property called "vintage."
The property was being occupied by a third party tenant who was not the owner at the time it was publicly announced by the court. The tenants were elderly, and one of them was a foreign national. Apparently, the owner was forcibly breaking the lease agreement with the tenants and trying to evict them, and legal problems with lawyers were occurring.
Such information, and the fact that the successful bidder had no right to force this tenant to leave, was stated in the documents released by the court.Therefore, the number of bidders was not large and the successful bidder was able to win the contract at a bargain price. The successful bidder then had a sincere discussion with the tenant, including conversations in English, and the tenant agreed to move into a larger room at a reasonable rent, located on the site of the auctioned property, as an alternative residence. This was one of the good cases of successful bidding that showed that we should treat the tenants of auctioned real estate with warmth as much as possible.