PropertyX Terms and Conditions

1. DEFINITIONS AND SCOPE

2. USER ELIGIBILITY AND VERIFICATION

2.1 Eligibility Requirements

• Users must be at least 18 years old (or legal age in their jurisdiction).

• Users must have legal capacity to enter into binding agreements.

• Users must not be residents of restricted jurisdictions.

• Users must comply with all applicable local laws and regulations.

2.2 Know Your Customer (KYC) and Anti-Money Laundering (AML)

• All Users must complete KYC verification before accessing certain Services.

• We reserve the right to request additional documentation at any time.

• Users must provide accurate, current, and complete information.

• We implement AML policies to prevent illicit activities and comply with applicable regulations.

2.3 Restricted Persons

The Platform is not available to:

• Persons located in or residents of sanctioned jurisdictions.

• Persons on any sanctions or restricted persons lists.

• Persons involved in illegal activities or who have been convicted of financial crimes.

3. INVESTMENT AND RISK DISCLOSURES

3.1 Not Investment Advice

• The Platform does not provide investment, legal, tax, or financial advice.

• All information is for informational purposes only.

• Users should consult qualified professionals before making investment decisions.

3.2 Risk Warnings

HIGH RISK WARNING: TOKENIZED REAL-WORLD ASSETS INVOLVE SIGNIFICANT RISKS

• Total Loss Risk: You may lose your entire investment.

• Liquidity Risk: Tokens may be difficult or impossible to sell.

• Regulatory Risk: Changes in laws may affect token value or legality.

• Technology Risk: Blockchain technology involves technical risks.

• Market Risk: Asset values may fluctuate significantly.

• Custodial Risk: Underlying assets are held by third-party custodians.

3.3 No Guarantees

• Past performance does not indicate future results.

• No guarantee of returns, income, or capital preservation.

• Token values may decrease or become worthless.

4. PLATFORM SERVICES AND LIMITATIONS

4.1 Services Provided

• Tokenization of eligible real-world assets

• Token issuance and management

• Digital wallet integration

• Transaction facilitation

• Information and educational resources

4.2 Service Limitations

• We do not provide custody of underlying assets.

• We do not guarantee token liquidity or market availability.

• Services may be suspended or terminated without notice.

• Platform availability is not guaranteed 24/7.

4.3 Third-Party Services

• The Platform integrates with third-party service providers.

• We are not responsible for third-party service failures.

• Users must comply with third-party terms of service.

5. TOKEN STRUCTURE AND RIGHTS

5.1 Token Characteristics

• Tokens represent rights in underlying RWAs as specified in token documentation.

• Token rights may include income distribution, voting, or other specified benefits.

• Tokens are issued on Bitcoin/Stacks blockchain networks.

• Token transferability may be restricted.

5.2 Token Standards and Compliance

• Tokens comply with applicable blockchain standards.

• Tokens may be subject to transfer restrictions for regulatory compliance.

• Smart contracts govern token functionality and rights.

6. FEES AND PAYMENTS

6.1 Platform Fees

• Tokenization fees as disclosed during the process.

• Transaction fees for blockchain operations.

• Management fees as specified in token documentation.

• Payment processing fees.

6.2 Payment Methods

• Accepted cryptocurrencies as specified on the Platform.

• Payment methods subject to change without notice.

• All fees are non-refundable unless required by law.

7. REGULATORY COMPLIANCE

7.1 Securities Law Compliance

• Tokens may constitute securities under applicable laws.

• Offerings comply with applicable securities regulations.

• Investor accreditation requirements may apply.

• Transfer restrictions may apply for compliance purposes.

7.2 Tax Obligations

• Users are responsible for their own tax obligations.

• Token transactions may have tax implications.

• Users should consult tax professionals for guidance.

7.3 Reporting Requirements

• We may report transactions to regulatory authorities as required.

• Users must provide information necessary for compliance.

8. INTELLECTUAL PROPERTY

8.1 Platform Rights

• PropertyX owns all intellectual property rights in the Platform.

• Users receive limited license to use the Platform.

• No rights are granted beyond those explicitly stated.

8.2 User Content

• Users retain rights in their submitted content.

• Users grant PropertyX license to use content for platform operations.

• Users represent they have rights to submit content.

9. DATA PROTECTION AND PRIVACY

9.1 Data Collection and Use

• We collect and process personal data as described in our Privacy Policy.

• Data is used for platform operations, compliance, and service provision.

• We implement security measures to protect user data.

9.2 Data Sharing

• Data may be shared with service providers and regulatory authorities.

• International data transfers may occur for platform operations.

10. LIMITATION OF LIABILITY AND DISCLAIMERS

10.1 Platform Disclaimers

THE PLATFORM IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND. WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR PURPOSE, AND NON-INFRINGEMENT.

10.2 Limitation of Liability

• TO THE MAXIMUM EXTENT PERMITTED BY LAW:

• Our liability is limited to the amount of fees paid by the User.

• We are not liable for indirect, incidental, or consequential damages.

• We are not liable for investment losses or market fluctuations.

• Users assume all risks associated with platform use.

10.3 Force Majeure

We are not liable for failures due to circumstances beyond our reasonable control, including but not limited to natural disasters, regulatory changes, or network failures.

11. TERMINATION

11.1 Termination Rights

• We may terminate or suspend accounts at any time with or without cause.

• Users may terminate their accounts subject to existing obligations.

• Termination does not affect accrued rights or obligations.

11.2 Effect of Termination

• Access to the Platform will cease.

• Outstanding obligations remain in effect.

• Token ownership rights continue as specified in token documentation.

12. GOVERNING LAW AND DISPUTE RESOLUTION

12.1 Governing Law

These Terms are governed by the laws of the United States and the State of Delaware, without regard to conflict of law principles.

12.2 Dispute Resolution

• Disputes will be resolved through binding arbitration.

• Users waive rights to class action proceedings.

• Courts have exclusive jurisdiction for non-arbitrable matters.

13. GENERAL PROVISIONS

13.1 Amendments

• We may update these Terms at any time.

• Material changes will be communicated to Users.

• Continued use constitutes acceptance of amended Terms.

13.2 Severability

If any provision is found unenforceable, the remainder of these Terms remains in effect.

13.3 Entire Agreement

These Terms, together with our Privacy Policy and other referenced documents, constitute the entire agreement between the parties.

13.4 Assignment

Users may not assign their rights under these Terms. We may assign our rights without restriction.

13.5 Contact Information

For questions about these Terms, contact us at:
Email: hello@propertyx.xyz