For the purposes of these terms and conditions, the following terms shall have the meanings set forth below:
Properties Company: A company specialized in business brokerage between investors and project owners, providing advisory services and coordinating investment opportunities.
Investor: Any individual or legal entity registered on the platform for the purpose of seeking investment opportunities.
Project Owner: Any individual or company that presents an investment project for funding or partnership.
The Site: The electronic Properties platform, including all services and digital content provided through it.
The Agreement: Refers to these terms and conditions governing the use of the site and the services provided through it.
2. Scope of Use
The user acknowledges that the use of the site is for legal and legitimate business purposes only, in accordance with the laws of the Kingdom of Saudi Arabia, including the E-Commerce Law and the Saudi Companies Law.
Users are prohibited from engaging in any of the following actions:
Providing false or misleading information during registration or dealings on the platform.
Publishing or sharing any content that violates laws or intellectual property rights.
Using the platform to conduct any fraudulent or unlawful transactions.
Attempting unauthorized access to other users' data or the internal system of the platform.
3. Account Registration
Users are obliged to provide accurate and complete information during registration, including (name, mobile number, email, country, city, type of investment, and expected investment size).
Properties Company reserves the right to reject or cancel the registration of any user without prior notice if it is found that false information or violations of regulations have been provided.
The user bears full responsibility for the confidentiality of their account data and any activities conducted through it, and Properties Company shall not be responsible for any losses resulting from unauthorized use of the account.
4. Confidentiality and Data Protection
Properties Company is committed to protecting user data in accordance with the Saudi Personal Data Protection Law (PDPL).
All investment projects presented through the platform are subject to a Non-Disclosure Agreement (NDA) to be signed before sharing any sensitive details.
Neither the investor nor the project owner may share or republish the investment or financial information obtained through the platform without prior written consent.
5. Presentation of Investment Opportunities and Processing Mechanism
The investor has the right to choose how to present the investment opportunity according to the following options:
Send the opportunity details via email or WhatsApp – sent within (24 hours).
Present the opportunity online via a virtual meeting – meeting to be scheduled within (72 hours).
Present the opportunity in person at Properties Company's headquarters – meeting to be scheduled within (5 business days).
Properties Company bears no responsibility for investment decisions made based on provided information, as the final decision remains solely with the investor.
6. Fees and Commissions
Properties Company reserves the right to impose fees or commissions on certain investment services, with the fee amounts clarified in contracts or agreements made between the parties.
All fees are subject to the financial and accounting regulations in force in the Kingdom of Saudi Arabia, including the Zakat and Tax Law.
Properties Company reserves the right to suspend or terminate services in case of non-payment of due fees.
7. Legal Liability
Properties Company acts only as an investment broker and bears no legal or financial liability for the consequences of transactions between investors and project owners.
Users bear full responsibility for their investment decisions, and must conduct due diligence before completing any investment transaction.
Properties Company has the right to suspend or cancel the account of any user who violates these terms or misuses the services provided through the platform.
8. Termination or Modification of Services
Properties Company reserves the right to modify or suspend any service provided through the platform without prior notice, according tobusiness interests and the requirements of Saudi regulations.
The user has the right to cancel their account at any time, but this does not exempt them from any existing financial or legal obligations.
9. Dispute Resolution and Applicable Law
These terms and conditions are governed by the laws of the Kingdom of Saudi Arabia, including the E-Commerce Law, the Companies Law, and the Cyber Crimes Law.
In the event of any dispute between the parties, it shall be resolved amicably first, and if this is not possible, the resolution shall be the jurisdiction of Saudi courts.
10. Amendments to the Terms and Conditions
Properties Company reserves the right to amend these terms and conditions at any time in accordance with legal changes or business requirements.
Users will be notified of any updates through the website or the registered email.
11. Acceptance of Terms
By using this site, the user acknowledges that they have read and understood all the terms and conditions, and that they agree to fully comply with them.
If they do not agree to any part of these terms, they must refrain from using the site and the services provided through it.