THIS DOCUMENT (the Agreement) sets out the terms and conditions on which we, which is the trading name of Infiniti N Beyond Limited enable you to invest in properties via our Platform named OwnMali.
Please read these terms and conditions carefully before using the Platform. Any use of the OWNMALI platform confirms that you have agreed to these terms and conditions.
- “Commitment Amount” in relation to this agreement, means the amount that the Investor has agreed to contribute to the Property;
- “Face Value”in relation to this agreement is the amount at which the investor initially purchased the Unit through the platform;
- “Investments”in relation to this agreement means all the various Investments in the Property in accordance with the terms of this agreement;
- “Investor”in relation to this agreement means the person who has purchased a unit of property and has received verification of payment;
- “Listed Property”in relation to this Agreement is the Property being published on the platform for invitation of Investments and which is specified in the Unit price;
- “Unit” in relation to this Agreement is a calculated proportionate share in the Listed Property. However, the Unit doesn’t entrust any right to the investor of proportionate possession in the listed property
- For the purpose of this agreement, it is stated that this is a real estate investment platform with profit and loss sharing. In lieu of this agreement, the Company shall not be responsible for any losses that occur during the sale of the property except as specified in para 3.9.
- Basic Agreement
- That the Investor hereby agrees to purchase (xxx) number of units of the Property, to be invested together with other investors’ funds for the purpose of the Investment in a Property.
- That the Investor has independently studied, evaluated, and is satisfied with the Investment. The liability of the Investor is, however, limited to the funds entrusted to the platform in accordance with this Agreement and the investor has no right to claim possession of the property in any manner whatsoever.
To contact us about these Terms, please email us at firstname.lastname@example.org