Terms of Service
Last Updated: March 19, 2025
Welcome to PropFi!
These Terms of Service ("ToS") govern your access to and use of our platform, which facilitates fractional real estate investment and trading. By accessing or using PropFi, you agree to be bound by these Terms. If you do not agree, please refrain from using our services.
1. Definitions
- "PropFi" refers to the platform, services, and website operated by [Company Name].
- "User" or "You" refers to any individual or entity accessing PropFi.
- "NFTs" refers to non-fungible tokens representing fractional ownership in real estate properties.
- "Property Shares" refers to tokenized property investments available on PropFi.
- "Rental Yield" refers to the automated distribution of rental income to NFT holders.
2. Eligibility
You must be at least 18 years old and meet all legal requirements in your jurisdiction to use PropFi. By registering, you confirm that you are legally allowed to invest in tokenized assets.
3. Investment Risks
- Investments in real estate, including fractional ownership, are subject to market risks, liquidity constraints, and regulatory changes.
- PropFi does not guarantee profits, rental income, or liquidity of assets.
- Users should conduct their own due diligence before making investment decisions.
4. Platform Usage
- You agree to use PropFi only for lawful purposes and in compliance with applicable regulations.
- Transactions on PropFi are recorded on the blockchain and cannot be reversed.
- PropFi reserves the right to modify or discontinue services at any time without prior notice.
5. Account and Security
- You are responsible for maintaining the security of your account, including private keys and passwords.
- PropFi is not liable for unauthorized access due to lost or compromised credentials.
6. Fees and Charges
- PropFi may charge transaction fees, withdrawal fees, and other applicable charges.
- Fees are subject to change, and any updates will be reflected on our platform.
7. Compliance and KYC
- Users must complete Know Your Customer (KYC) verification before engaging in transactions.
- We reserve the right to request additional documentation or suspend accounts for non-compliance.
8. Prohibited Activities
- Users must not engage in illegal, fraudulent, or deceptive activities, including but not limited to:
- Money laundering or financing illegal activities.
- Manipulating market prices of property shares.
- Misrepresenting information to other users or the platform.
9. Intellectual Property
- PropFi owns all intellectual property rights to its platform, branding, and content.
- Users may not copy, distribute, or exploit PropFi’s intellectual property without permission.
10. Limitation of Liability
- PropFi is not responsible for losses arising from market fluctuations, technology failures, or external regulatory actions.
- Under no circumstances shall PropFi be liable for indirect or consequential damages.
11. Dispute Resolution
- Disputes shall be resolved through arbitration in Dubai, UAE.
- Users waive the right to participate in class-action lawsuits.
12. Changes to Terms
PropFi reserves the right to modify these Terms at any time. Continued use of the platform constitutes acceptance of revised Terms.
13. Contact Us
If you have any questions, contact us at:
info@getpropfi.com