Terms & Conditions for AqarStake

last updated on 10/11/2024

Please read them carefully before using the platform.

Introduction:
By accessing or using AqarStake’s website and services, you agree to comply with and be bound by the following Terms & Conditions. Please read them carefully before using the platform.

1. Eligibility

• Investors must be at least 18 years old.

• A valid Saudi National ID or Iqama is required.

• All users must complete KYC (Know Your Customer) verification.

2. Nature of Investment

• AqarStake offers fractional ownership of real estate properties.

• Investments are generally considered long-term (average 3–7 years).

• A minimum holding period of two years applies before resale of shares.

3. Returns & Distribution

• Rental income will be distributed quarterly to investors.

• Capital appreciation is realized upon the sale of the property or resale of shares through the secondary market.

• AqarStake does not guarantee fixed returns.

4. Fees

• 2.5% developer commission.

• 14% property management fee on net rental income.

• 0.014% fee on secondary market trades.

• Optional premium subscription fees.

5. Secondary Market

• Share resale is available only through the platform.

• Resale opportunities are announced during specific windows.

• Investors may list shares for sale to other registered investors.

6. Compliance & Legal

• AqarStake operates under the regulations of the Capital Market Authority (CMA) and the Real Estate General Authority (REGA) in Saudi Arabia.

• All contracts and transactions are legally binding.

7. Risks

• Real estate investments are subject to market risks including price fluctuations, rental occupancy, and regulatory changes.

• Investors are encouraged to review all risk disclosures before investing.

8. Limitation of Liability

• AqarStake is not liable for losses resulting from market changes or external factors beyond its control.

• The platform ensures transparency and due diligence but cannot eliminate all risks.

9. Amendments

• AqarStake may update these Terms & Conditions at any time.

• Updates will be posted on the platform and take effect immediately.