Terms of Service
Terms of Service
Last Updated: Fri, Nov 22, 2024
Welcome to SecondaryDAO.com (SD), operated by Freedman Capital Group, LLC (FCG), ISAOA ATIMA. Please review the following terms carefully as they govern your use of our services. By accessing this site and any of its pages, you agree to be bound by the Terms of Service and Privacy Policy.
1. General Disclaimers
- FCG is not a registered broker-dealer or investment advisor and does not provide investment advice, endorsements, or recommendations for any properties listed on this site.
- The content on this website is not an offer to sell, solicitation to buy, or a recommendation regarding any security.
- You are solely responsible for evaluating whether an investment aligns with your objectives, financial circumstances, and risk tolerance. Consult with qualified legal and financial advisors for professional advice.
2. Account Requirements
- You must open a SecondaryDAO Account to use our services.
- During registration, accurate and complete information must be provided. You are fully responsible for all activity under your account.
- FCG reserves the right to suspend or terminate accounts for providing false or incomplete information.
3. Investment Risks
Investing in real estate involves inherent risks, including:
- Market volatility, which may result in partial or total loss of investments.
- The unpredictability of future property values and potential negative cash flows.
Before investing, carefully review all information and consult with tax and legal advisors.
4. Policies and Procedures (Articles 28–35 of the Regulation)
4.1 Spot Operations (Article 28)
SecondaryDAO facilitates immediate transactions for tokenized real estate assets. Once the buy and sell sides agree on terms, transactions are settled instantly. This supports seamless trading and enhanced liquidity in our marketplace.
4.2 Forward Operations (Article 29)
Currently, SecondaryDAO does not support forward operations. However, we may explore adding this feature in the future based on market demand and regulatory considerations.
4.3 Optional Purchase or Sale Operations (Article 30)
Our platform does not yet support optional purchase or sale operations. Future updates may include these features depending on legal and operational advancements.
4.4 Settlement of Operations (Article 31)
The SecondaryDAO Escrow Contract ensures secure and efficient settlements of digital asset transactions, maintaining compliance with applicable regulations.
4.5 Seizure, Arbitration, and Protection of Acquirers Assets (Articles 32–34)
- Embargo (Article 32): SecondaryDAO has robust protocols to comply with legal embargoes on digital assets. While we provide self-custody wallets, our platform fosters a secure user environment.
- Arbitration (Article 33): We adhere to international best practices for dispute resolution, offering an arbitration process for conflicts involving clients or the company.
- Protection of Acquirers’ Assets (Article 34): Our Market Integrity Policy ensures operational transparency and fosters trust among participants.
4.6 Investments (Article 35)
SecondaryDAO focuses on optimizing client returns while managing risks. We evaluate market conditions to make informed investment decisions responsibly.
5. Custodial Wallets
SecondaryDAO may offer a custodial wallet feature through its platform:
- Users retain full control of their funds.
- Funds are not used for any purposes without user consent.
- Users may self-custody wallets and their contents at any time.
6. Withdrawal Limits
There is a $50,000 USD weekly withdrawal limit for cash and cash equivalents, excluding property tokens. This limit is subject to change, but we strive to maintain liquidity.
7. Property Escrows
Escrow accounts may be held in an IOLTA account managed by FCG ISAOA ATIMA. Any accrued interest may be used to offset account management fees.
8. Third-Party Content
Hyperlinks or reproduced content from third-party sources do not constitute endorsements by FCG.
Acknowledgment of Risks
By accessing this site, you understand and acknowledge:
- The risks associated with real estate investments.
- The potential for unpredictability in property performance and market value.
For further details, consult our Docs center or contact us at feedback@secondarydao.com.