1. Refund Policy
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
Seaz & Co Realty Group does not typically offer refunds on investments due to the nature of real estate investing. However, in certain exceptional cases, a refund may be considered. This Refund Policy outlines the conditions under which investors may be eligible for a refund, the process for requesting a refund, and the limitations.
Eligibility for Refund
Refunds may be considered in the following situations:
- Project Cancellation: If a project is canceled before construction begins or the necessary permits are not obtained, investors may be eligible for a refund of their initial investment.
- Investor Withdrawal: In rare cases, an investor may request a withdrawal of their investment before the end of the lock-in period, subject to a review by Seaz & Co Realty Group.
Non-Refundable Circumstances
Refunds will not be issued in the following circumstances:
- Once construction has commenced.
- If the project experiences delays but remains on track for completion.
- After the equity has been transferred to the investor.
Refund Request Process
To request a refund:
- Contact our support team at [Contact Information] within 30 days of the event that prompted your request (e.g., project cancellation).
- Provide the necessary documentation supporting your request, including investment details and reason for the refund.
- Seaz & Co Realty Group will review your request and respond within 30 days with a decision.
Processing of Refunds
Approved refunds will be processed within 30 days of approval. The refund will be issued via the original payment method or another agreed-upon method. Any administrative or legal fees incurred during the investment process will be deducted from the refunded amount.
2. Investment Risk Disclosure Policy
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
Seaz & Co Realty Group is committed to transparency in its real estate investment opportunities. This Investment Risk Disclosure Policy outlines the inherent risks associated with investing in real estate through Seaz & Co Realty Group. By investing with us, you acknowledge and accept these risks.
Types of Investment Risks
a. Market Risk
The real estate market is subject to fluctuations based on economic, political, and social factors. Market downturns may result in reduced property values, affecting the value of your investment and the rental income generated.
b. Project Delays
Construction and development projects can face delays due to factors such as weather, supply chain disruptions, contractor issues, or permit complications. Delays can affect the timeline of returns.
c. Vacancy Risk
While our rent-to-own program is designed to ensure 100% occupancy, there is a risk that units may remain vacant for extended periods due to market conditions or tenant defaults, impacting rental income.
d. Interest Rate Risk
Fluctuations in interest rates can impact the cost of borrowing for property development and can also affect the affordability of homes for tenants, potentially reducing demand.
e. Regulatory and Legal Risks
Changes in real estate regulations, tax laws, or other governmental policies could negatively impact the profitability of real estate projects.
f. Liquidity Risk
Real estate is typically considered a less liquid investment compared to other asset classes. The transfer or sale of your equity may take time, and there is no guarantee of a quick sale.
Risk Mitigation
Seaz & Co Realty Group employs strategies to mitigate risks, such as:
- Careful market research and project planning.
- Use of professional contractors and project managers.
- Implementation of a rent-to-own program to secure long-term tenants.
- Diversification of property locations to spread market risk.
Investor Responsibility
Investors are encouraged to:
- Conduct their own due diligence.
- Understand that past performance is not a guarantee of future results.
- Be aware of the risks before making investment decisions.
3. Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
Seaz & Co Realty Group is committed to complying with global anti-money laundering (AML) and know your customer (KYC) regulations. This policy outlines the procedures for identifying and verifying the identities of our investors and ensuring that our investment opportunities are not used for illegal activities such as money laundering or terrorist financing.
KYC Procedures
a. Identification
All investors must provide valid identification, which includes but is not limited to:
- Government-issued ID (passport, driver’s license, national ID card)
- Proof of address (utility bill, bank statement, lease agreement)
b. Verification
We will verify the authenticity of the provided documents through:
- Third-party verification services
- Cross-referencing data with public records
c. Enhanced Due Diligence
For high-risk clients (e.g., politically exposed persons, large-scale investors), we may conduct enhanced due diligence, which includes obtaining additional information and monitoring transactions more closely.
AML Procedures
a. Monitoring of Transactions
Seaz & Co Realty Group monitors transactions for any suspicious activity, such as:
- Unusual or large transactions that do not align with an investor’s profile.
- Transactions involving high-risk countries or entities.
b. Reporting
If suspicious activity is detected, we are required to report it to the relevant authorities, such as:
- The Financial Crimes Enforcement Network (FinCEN) in the U.S.
- Relevant EU or FATF authorities in Europe and other jurisdictions.
c. Record-Keeping
We are required to retain all KYC and transaction data for a minimum of 5 years or as required by local regulations.
4. Data Retention and Destruction Policy
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
This Data Retention and Destruction Policy outlines how Seaz & Co Realty Group collects, stores, and disposes of personal and financial data in compliance with applicable data protection regulations, such as GDPR, CCPA, and other relevant laws. We are committed to safeguarding personal information and only retaining it for as long as necessary to fulfill its purpose.
Data Retention
a. Retention Periods
We retain personal data based on the following timeframes:
- Investor Data: Retained for the duration of the investment and for 7 years following the final payout or exit.
- KYC/AML Data: Retained for 5 years in compliance with legal obligations.
- Transaction Data: Retained for 7 years to meet financial auditing and regulatory requirements.
- Marketing Data: Retained for as long as consent is active, or until unsubscribed.
Data Destruction
a. Destruction Methods
At the end of the retention period, personal data will be securely destroyed using one of the following methods:
- Permanent deletion from digital systems.
- Physical shredding of paper documents.
- Secure deletion tools for electronic files to ensure no recoverable traces remain.
b. Right to Erasure
Under GDPR and other regulations, individuals have the right to request the deletion of their personal data before the end of the retention period. Requests can be submitted by contacting [Contact Information].
Compliance
Seaz & Co Realty Group will periodically review and update its data retention practices to ensure ongoing compliance with evolving legal and regulatory requirements.
5. Confidentiality and Non-Disclosure Agreement (NDA) Policy
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
Seaz & Co Realty Group respects the confidential nature of the information shared between the company and its investors, partners, employees, and contractors. This Confidentiality and Non-Disclosure Agreement (NDA) Policy outlines the obligations of all parties to protect sensitive information.
Definition of Confidential Information
Confidential Information includes, but is not limited to:
- Business strategies, financial projections, and proprietary methodologies.
- Information related to real estate projects, development plans, and tenant information.
- Personal investor data, including identity and financial information.
Obligations of the Receiving Party
The receiving party agrees to:
- Keep all Confidential Information secure and confidential.
- Only use the Confidential Information for the agreed purposes related to the investment or services provided.
- Not disclose the Confidential Information to any third party without written consent from Seaz & Co Realty Group.
Duration of Confidentiality Obligations
The confidentiality obligations outlined in this policy will remain in place for the duration of the relationship between the parties and for 5 years after the termination of the relationship.
Legal Recourse
Any breach of confidentiality may result in legal action, including injunctive relief and claims for damages.
6. Investment Exit Policy
Effective Date: [Insert Date]
Last Updated: [Insert Date]
Introduction
This Investment Exit Policy outlines the process by which investors in Seaz & Co Realty Group can exit their investment, transfer their equity, or sell their stake to other parties. This policy ensures that investors are aware of their rights and responsibilities when seeking to exit an investment.
Conditions for Exiting an Investment
a. Equity Lock-in Period
Investors are generally required to hold their equity stake for a minimum of 5 years to allow for project completion and full occupancy. Early exits are subject to company approval and may incur penalties or fees.
b. Transfer of Equity
Investors may transfer their equity to another investor or third party, subject to the following conditions:
- Seaz & Co Realty Group must approve the transfer.
- The new investor must meet the same eligibility criteria as the original investor.
- The transfer will be recorded in our internal system, and all legal documents
will be updated.
Exit Process
- Submit a written request to exit the investment to [Contact Information].
- Seaz & Co Realty Group will review the request and provide a response within 30 days.
- Upon approval, the transfer or sale of equity will be processed, and any payouts owed will be made within 90 days of the exit date.
Exit Restrictions
- If the property is underperforming, exits may be delayed to ensure financial stability for all investors.
- A minimum notice period of 6 months may be required for high-value investors.
7. Whistleblower Policy
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
Seaz & Co Realty Group is committed to ethical business practices and transparency. This Whistleblower Policy encourages employees, investors, and business partners to report any unethical, illegal, or fraudulent activities without fear of retaliation.
Reporting Process
- Reports can be made anonymously by contacting [Anonymous Tip Line or Email].
- The report should include as much detail as possible, including the names of individuals involved, the nature of the wrongdoing, and any supporting evidence.
Investigation
- All reports will be investigated by Seaz & Co Realty Group’s legal or compliance team within 30 days.
- The whistleblower’s identity (if known) will be protected, and confidentiality will be maintained throughout the investigation.
No Retaliation
Seaz & Co Realty Group strictly prohibits retaliation against anyone who reports wrongdoing in good faith. Retaliation may result in disciplinary action, including termination or legal action.
8. Investment Allocation and Distribution Policy
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
This Investment Allocation and Distribution Policy outlines how Seaz & Co Realty Group allocates investor funds to projects and distributes returns in the form of rental income and appreciation gains. This policy ensures transparency and fairness in the management of investor capital.
Investment Allocation
- Funds are allocated to specific real estate projects based on investor preferences and project requirements.
- Each investor’s capital is assigned to a project proportionate to their investment size, ensuring equity across all participants.
Distribution of Returns
- Returns from rental income will be distributed annually after the project reaches full occupancy.
- Distribution is calculated based on the investor’s equity stake (e.g., 15% for businesses, 3% for individuals).
Timeline for Payouts
- Annual Payouts: Starting 5 years after the initial investment, annual payouts will be distributed in January each year.
- Special Distributions: In cases of property refinancing or sale, special one-time payouts may be made to investors.
9. Code of Conduct
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
Seaz & Co Realty Group strives to conduct its business with integrity, professionalism, and respect for the law. This Code of Conduct applies to all employees, contractors, investors, and business partners, setting the standards of behavior expected in all interactions.
Ethical Guidelines
- Integrity: All parties must act honestly and transparently in their dealings with Seaz & Co Realty Group and its stakeholders.
- Compliance: Adherence to applicable laws, regulations, and internal policies is mandatory.
- Fairness: We promote fair treatment of all investors, employees, and partners, ensuring equal opportunities and non-discriminatory practices.
Reporting and Enforcement
- Violations of this Code of Conduct should be reported to [Contact Information].
- Seaz & Co Realty Group reserves the right to take disciplinary action, including termination of contracts or investment agreements, in cases of unethical behavior or violations of this policy.
10. Force Majeure Policy
Effective Date: October 1, 2024
Last Updated: October 16, 2024
Introduction
This Force Majeure Policy outlines Seaz & Co Realty Group’s obligations and the limitations of liability in the event of unforeseen circumstances beyond our control. This policy protects both the company and investors in situations that may affect project timelines or performance.
Definition of Force Majeure
Force majeure events include, but are not limited to:
- Natural disasters (earthquakes, floods, hurricanes)
- Wars, acts of terrorism, or political instability
- Pandemics or public health emergencies
- Government-imposed restrictions or regulations
- Strikes or labor disputes
Obligations During Force Majeure
In the event of a force majeure:
- Seaz & Co Realty Group will notify investors as soon as reasonably possible.
- Project timelines may be extended without penalty.
- Rental income and payouts may be delayed, depending on the impact of the force majeure event.
Limitation of Liability
Seaz & Co Realty Group is not liable for any losses or damages arising from a force majeure event. Our obligation to complete projects and provide returns is suspended during the force majeure period but will resume once normal operations can be reestablished.