Terms and Conditions

Terms and Conditions

Introduction

The platform Properties is an electronic platform licensed by the Ministry of Commerce in the Kingdom of Saudi Arabia, engaged in commercial mediation in accordance with the applicable regulations.

The platform is specialized in connecting business project owners with investors or interested parties, and it conducts a preliminary review of the essential legal documents for projects before presenting them, without being a party to any agreements or financial or contractual transactions that occur between users, and without bearing any financial or legal responsibility arising from that.

Using the platform or registering in it constitutes express and final consent to these terms and conditions.



1. Definitions

For the purposes of these terms, the following words and phrases shall have the meanings ascribed to each of them, unless the context requires otherwise:

  • The platform: The electronic Properties platform licensed by the Ministry of Commerce.

  • The user: Any natural or legal person using the platform, whether in the capacity of a project owner, an investor, or a visitor.

  • The project owner: The entity that submits a business project to be presented via the platform.

  • The investor: The person or entity that reviews projects or communicates about them for the purpose of investment or interest.



2. Nature of Services

The platform receives business projects and conducts a non-detailed preliminary review of the essential legal documents, which include – for example but not limited to:

  • The commercial register

  • The type of commercial activity

  • The validity of the legal licenses

  • Data of the legal representative

This review aims solely to verify the existence of a valid legal entity, and it does not constitute in any way a comprehensive financial, legal, or operational audit.

The services of the platform do not include:

  • Providing financial, legal, or tax advisory

  • Evaluating investment feasibility or guaranteeing its success

  • Intervening in the drafting or execution of contracts between the parties



3. Limitation of Liability

The platform's liability is limited to the preliminary verification of the essential legal documents submitted by the project owner.

The platform shall not bear any liability for:

  • The accuracy, correctness, or completeness of the information or financial forecasts

  • The investment decisions made by users

  • The results of transactions, partnerships, or agreements

  • Any direct or indirect losses resulting from using the platform

It is the user's responsibility to independently verify all information and seek advice from specialized consultants before entering into any investment or contractual commitment.



4. Funds and Transfers

The platform does not receive, hold, or manage any funds or transfers from any party.

All financial transactions and transfers between the project owner and the investor are conducted directly at their own full responsibility, without any intervention or guarantee from the platform.

The platform recommends using reliable payment methods and documenting transactions in compliance with the applicable laws in the Kingdom of Saudi Arabia.



5. Commissions

The platform charges a commercial mediation commission from the project owner only for the preliminary review services, presentation on the platform, and marketing.

The platform does not collect any fees or commissions from investors or visitors.

The commission rate or amount is determined under a separate and prior agreement with the project owner before the presentation, and the commission does not guarantee the completion of the deal or achieving any investment returns.

The platform has the right to amend the commission policy in the future, provided that this does not affect existing agreements.



6. Transparency and Disclosure

The platform is committed to displaying projects only after verifying the essential legal documents.

All marketing information and financial forecasts are the sole responsibility of the project owner, and the platform bears no responsibility for their accuracy, correctness, or completeness.

The platform encourages investors not to rely solely on the information presented, and to carry out the necessary verification and study before making any decision.



7. Contracts and Ownership

The platform is not a party to any contract or agreement executed between users.

All agreements are concluded outside the scope of the platform, with the sole responsibility of the contracting parties.

The ownership of the content, projects, and materials presented remains with their owners, and copying, reusing, or publishing them is prohibited without explicit written permission.



8. Legal Disputes

The platform does not intervene in any dispute arising between users, whether before or after concluding any agreement.

All disputes shall be governed by the applicable regulations in the Kingdom of Saudi Arabia, and the competent judicial authorities shall be the sole reference for adjudication.

No agency, partnership, or legal representation relationship arises between the user and the platform from using the platform.



9. Disclaimer

Projects are presented on the platform for the purpose of commercial mediation only, and do not constitute an investment recommendation or guarantee of performance or profits.

The user acknowledges that their use of the platform is at their own risk and that the platform is not responsible for any results or consequences arising from that.



10. Amendments

The platform has the right to amend these terms and conditions at any time in accordance with business requirements or applicable regulations.

Amendments take effect from the date of publication on the website, and the continued use of the platform after publication is deemed as explicit acceptance of the amended terms.

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