1. Introduction
Welcome to LG Comver. These Terms and Conditions govern access to and use of our platform, as well as the purchase of NFTs, participation in real estate investments, and other services offered. By using our website, you fully accept these terms.
If you do not agree with any part of these terms, we recommend that you do not use our services.
2. Definitions
- LG Comver: Company responsible for the platform and its services.
- User: Any person who accesses and uses the platform.
- Investor: User who acquires NFTs and participates in the investment models of the platform.
- NFT (Non-Fungible Token): Blockchain-based digital asset that represents a stake in the rental and property system of LG Comver.
- Trust: Legal instrument in which properties acquired through the crowdfunding model are registered.
3. User Registration and Account
To access certain services, it is necessary to register on the platform by providing truthful and up-to-date information. By registering, you agree to:
- Be of legal age and have the legal capacity to conduct transactions.
- Maintain the confidentiality of your access credentials.
- Do not share your account with third parties.
LG Comver reserves the right to suspend or cancel accounts that violate these terms.
4. Acquisition of NFTs and Investment in Properties
- NFTs represent a share in the profitability of certain properties, but do not grant ownership rights over the real estate.
- Investors must register their NFTs on the platform to receive benefits.
- The yields and payments are subject to the occupancy and profitability of each property.
- LG Comver does not guarantee fixed returns nor ensure the appreciation of NFTs.
5. Profitability and Distribution of Earnings
- The income generated from property rents is distributed every two months.
- The profit sharing varies according to the level of the acquired NFT (Silver, Gold, or Platinum).
- To receive payments, users must meet the established requirements, including the active registration of their NFT on a property.
6. Property Sales and NFT Buyback
- The properties acquired through crowdfunding can be sold after 5 years if 51% of the investors vote in favor.
- In the event of a sale, investors will receive their proportional share of the profits according to their NFT level.
- The NFTs delivered for the collection of earnings from property sales will be burned and removed from the system.
7. Prohibitions and Correct Use of the Platform
Users agree not to:
- Use the platform for illegal or fraudulent activities.
- Attempting to breach the site's security or access third-party accounts.
- Posting offensive, misleading content or content that violates intellectual property rights.
LG Comver may take legal action and cancel accounts that violate these rules.
8. Liability and Disclaimer of Warranties
- LG Comver is not responsible for fluctuations in the value of NFTs or for losses arising from real estate investments.
- The company does not guarantee the financial success of each investment nor ensure continuous occupancy of the properties.
- LG Comver operates within the applicable legal framework in Mexico and is committed to transparency in its operations.
9. Taxes and Legal Regulations
- Each user is responsible for fulfilling their tax obligations in their country of residence.
- LG Comver does not withhold taxes nor act as an intermediary for the payment of personal tax obligations.
10. Modifications to the Terms and Conditions
LG Comver reserves the right to update or modify these terms at any time. The modifications will take effect upon their publication on the platform. It is recommended to periodically review this section.
11. Contact and Support
For any inquiries regarding these terms, you can contact us through:
📧 E-mail: contacto@lgcomvermx.com
📍 Location: Plaza Adriana, Calle Benito Juárez 1717 - 3, Centro, 23400, San José del Cabo, B.C.S, México