Terms of Use Agreement

INTRODUCTION

Thank you for visiting the Real Estate Investment Swap website, owned and operated by Real Estate Investment Swap, LLC (“REISwap”, “us”, “we”, or “our”). Please read these Terms of Use of our website (the “Agreement” or “Terms”) carefully before using our website. This Terms of Use sets forth a legally binding agreement, including the terms and conditions for your use of our website at www.reiswap.com, all other domains and sites owned and operated by Real Estate Investment Swap and/or its affiliates (collectively, the “Site”) and all services offered by or through the Site. By accessing, browsing or using the Site in any manner, including, but not limited to, visiting or browsing the Site or contributing content, information, or other materials or services to the Site, you agree to be bound by this Agreement, the Privacy Policy (as amended from time to time and posted in the Site), and all policies and procedures that may be published by us from time to time on the Site (collectively, the “Published Information”), each of which is incorporated by reference and each of which may be updated by us from time to time without notice to you. If you access the Site, you will be deemed to have accepted these Terms of Use.

Your use of the Site is governed by the then current Terms in effect on the date of such use. Real Estate Investment Swap may, at its sole discretion, modify and replace the Terms at any time and without prior notice to you by posting the updated Terms on the Site. By using and accessing the Site, you will be deemed to have accepted and will be legally bound to the updated Terms at the time of each use of the Site, whether or not you have reviewed such updated Terms. The resolution of any dispute that arises between you and Real Estate Investment Swap concerning your use of the Site will be governed by the Terms in effect at the time of your use of the Site and the events giving rise to the dispute. Real Estate Investment Swap reserves the right, in its sole discretion, to block or otherwise discontinue your access and use of the Site at any time and for any reason. You agree that Real Estate Investment Swap and its subsidiaries and affiliates will not be liable to you or to any third party for any such modification, suspension or discontinuance.

These Terms are in addition to any other agreements between you and Real Estate Investment Swap, including any customer, account or marketing agreements, and any other agreements that govern your use of products, services, content, tools, and information available on the Site. This Agreement does not alter in any way the terms or conditions of any other agreement you may have with Real Estate Investment Swap or its subsidiaries or affiliates.

This Agreement applies to all users of the Site, including investment sponsors, investment managers, current and prospective investors and visitors to the Site, who in any way use the Site. Nothing in these Terms shall be deemed to confer rights on Users or third parties.

AUTHORIZED USER

Anyone is permitted to access and view the public areas of our Site. However, the use of our Site for investment or any other purposes is intended only for those individuals who are at least 18 years old (and at least the legal age in your jurisdiction) acting in an individual capacity or who are legally authorized and acting on behalf of a legally and validly formed entity, who has provided to us personal information and/or created a profile and whose access has been authorized by us, but not suspended or removed (an “Authorized User”). By entering the Site through a user ID and password, you represent that you are the individual to whom the user ID and password have been authorized, you have not transferred to, or permitted access to the Site using your user ID and password by, any other person and your profile and other information provided in or through the Site is current, accurate, truthful and complete. Nevertheless, Real Estate Investment Swap may, in its sole discretion, refuse to permit access to the Site to any person. Access to the Site is not available to any user who has been suspended or removed from the Site. By accessing the Site, including entering a user ID and password, you represent that you are an Authorized User.

The password protected areas of our Site are available only to Authorized Users. We will confirm authorized access only to a person who is able to represent to us that he, she and/or the entity on whose behalf the individual user is legally authorized to represent, is an Accredited Investor as defined in Regulation D, Rule 501, adopted under the Securities Act of 1933, as amended (“Accredited Investor”). In order to confirm you as an Authorized User, we may first require that you complete an interview process and/or profile, including representations that you are an Accredited Investor and our completion of a background and credit information screening and/or identification and/or verification of your representations. We may also require you to provide to us tax returns, brokerage statements, bank statements, resumes and other private financial information deemed necessary by us to establish or verify your status as an Accredited Investor. Should you fail to provide to us requested information and/or documentation necessary to confirm and/or verify your status as an Accredited Investor, or we determine the information you have provided is not materially accurate or complete, we may delay, suspend, block or otherwise discontinue your status as an Authorized User. We may change our eligibility criteria at any time, for any reason, whether or not required by applicable law and without prior notice. In that event, we may delay, suspend, block or otherwise discontinue your access to the Site unless and until you have provided to us sufficient information and documentation necessary to demonstrate your meeting such changed eligibility criteria.

As part of the user authorization process, we require that you provide, among other things, a valid email address to which communications may be directed. In providing your email address, you are consenting the use of electronic communications, including personally identifying and financial information, to the designated email address for all legal, notice and other purposes, and you acknowledge and agree that Real Estate Investment Swap bears no responsibility or liability for the failure of security, intrusions or other access to your designated email address.

INVESTMENT ADVISER REGISTRATION

Real Estate Investment Swap Advisory LLC has registered with the Securities and Exchange Commission as an internet based investment adviser and may be deemed to be providing investment advice to Authorized Users concerning the investment opportunities displayed by it via the interactive website www.reiswap.com, operated by Real Estate Investment Swap Real Estate LLC, which we refer to as the Site or the “Real Estate Investment Swap Portal.” Real Estate Investment Swap Advisory LLC has no investment discretion. Additional information about Real Estate Investment Swap Advisory LLC is available on the SEC’s website at www.adviserinfo.sec.gov. A copy of the investment advisory disclosure brochure is also available on the Site. Real Estate Investment Swap Advisory LLC will not assign this investment advisory agreement without the consent of Authorized Users.

INVESTMENT OPPORTUNITIES

Investment opportunities displayed in this Site are intended only for those authorized Accredited Investors who are capable of understanding and financially bearing the economic and investment risks. By using the Site, you represent that you have significant experience investing in investments of the type offered through the Site, including, without limitation, real estate, equities, notes and other securities, you understand that the investments offered through the Site are inherently very risky, you understand the risks associated with the investment, that there will be no market and you may be unable to sell, liquidate or transfer the investment for an indefinite period of time, and you are able to accept the risk of losing your entire investment. If you are using the Site on behalf of an entity, you represent and warrant that you are authorized to make and accept these Terms on such entity’s behalf, and you and such entity agree to indemnify us for losses or damages arising out any claim of your not having appropriate authority, misstatements or for violations of this Agreement.

The information provided as to any particular investment opportunity should not be relied on and Real Estate Investment Swap does not guarantee the performance of any investment opportunity and has not verified the accuracy of any information, projections, estimates and other statements, including of expected performance and/or internal rates of return, for any investment offered through the Site. Investors must rely on their own examination of each investment opportunity, are expected to engage in their own due diligence and are accorded the opportunity to ask questions and receive answers to their satisfaction before making an investment.

The value of any investment and the income generated, if any, could fall as well as rise. Past performance is not a guarantee of future performance. The contents of this Site do not constitute investment, financial, legal, or tax advice. Investors are solely responsible for conducting their own due diligence review and consulting with such experts as he or she deems necessary and appropriate, including as to investment, financial, legal and tax matters. You acknowledge and agree that Real Estate Investment Swap is not a broker-dealer and member of the Financial Industry Regulatory Authority, and the investment opportunities displayed on the Site are not managed by a registered investment adviser and are not registered under the Investment Company Act of 1940. By investing through the Site you will not receive any of the protections afforded by such registrations and/or memberships. Investments offered through the Site are not guaranteed by any person, are not FDIC insured and you could lose your entire investment amount.

NO SOLICITATION, RECOMMENDATION OR ADVICE

None of the information contained in the Site constitutes a recommendation, solicitation or offer to buy or sell any securities, options or other financial instruments or other assets or the provision of investment advice. The information contained in the Site has been prepared without reference to any particular user’s investment requirements or financial situation. The Site is not intended for use by any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations or where Real Estate Investment Swap is not authorized to provide such use. Some investment opportunities described on the Site may not be available in all jurisdictions or to all users.

You acknowledge that you are not relying on Real Estate Investment Swap or any of its affiliates, officers, directors, partners, agents or employees in making an investment decision. Real Estate Investment Swap does not endorse any investments and shall not be responsible in any way for any transactions you enter into with other users. You agree that Real Estate Investment Swap and its affiliates, officers, directors, partners, agents or employees will not be liable for, and you will indemnify such parties against, any losses or damages arising out of or incurred as a result of any interactions between you and other users.

UNAUTHORIZED USE

Unauthorized use of the Site, including, but not limited to, unauthorized entry into our systems, the misuse or sharing of passwords or misuse of any other information, is strictly prohibited. You may not use the Site in any manner that could damage, disable, overburden, or impair the operations of the Site or interfere with any other party’s use and enjoyment of the Site. You agree that you will not engage in any activities related to the Site that are contrary to applicable laws or regulations. You may be liable and may be required to indemnify for any losses or damages incurred by Real Estate Investment Swap or authorized users due to any unauthorized use of your user ID and Password.

You further agree that you are responsible for any unauthorized use of your user ID and Password that is made before you have notified us and we have had a reasonable opportunity to act on that notice. Real Estate Investment Swap reserves the right at its discretion to suspend or cancel your account and/or password, even without receiving such notice from you, if we suspect that it is being used in an unauthorized or fraudulent manner.

You are solely responsible for maintaining the confidentiality of your authorized access to the Site and you agree to promptly report any unauthorized or suspicious activity to us by email at www.reiswap.com/contact.

PROHIBITED ACTIVITIES

You agree that you are responsible for your own conduct while using the Site and for any consequences thereof. You agree to use the Site only for purposes that are legal, proper and in accordance with this Agreement, the Real Estate Investment Swap Privacy Policy, which is included in the Site, and any applicable laws, rules or regulations (including without limitation to the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, the Investment Advisers Act of 1940, any applicable state “Blue Sky” laws, any other applicable United States federal or state securities laws, regulations and rules, any securities exchange or self-regulatory organization’s rules or regulations, any consumer protection, unfair competition, and anti-discrimination laws or regulations and any applicable foreign laws). By way of example, and not as a limitation, you agree to not take any action that is listed below:

Infringes Rights. You agree not to upload, post, email, transmit, submit, or otherwise make available through the Site or Service any material or content that infringes any patent, trademark, copyright, trade secret or other proprietary right of any party, unless you are the owner of such rights or have the permission of the owner to post such content. You further agree to not take any action that infringes any patent, trademark, trade secret, copyright, right of publicity, or other right of any other person or entity, or violates any law or contract, including removing any copyright, trademark or other proprietary rights notices contained in or on the Site.

Information Disclosure. You agree not to share or disclose to anyone any information obtained through the Site about any sponsor or investment offering.

Distribution without Consent. You agree not to distribute in any medium any part of the Site or Service or any content available thereon without Real Estate Investment Swap’s prior written authorization. The only exceptions are where Real Estate Investment Swap makes available the means for such distribution through functionality offered in the Site.

Alterations or Modifications. You agree not to alter or modify any part of or information contained in the Site.

Submitting False, Defamatory or Harassing Information. You agree not to upload, post, email, transmit or submit or otherwise make available through the Site inappropriate, defamatory, infringing, obscene, false, misleading, inaccurate, harassing, threatening or unlawful material or content or imply that such content is sponsored or endorsed by Real Estate Investment Swap, any of its affiliates or any third parties. You further agree not to take any action that would defame, abuse, harass, stalk, threaten or otherwise violate the legal rights (such as rights of privacy and publicity) of others.

Competitive analysis, reverse engineering, or duplication of the code, user experience, or processes of this site is strictly forbidden. We consider this grounds for legal action and signups that come from a competitive company's employees, ip address range, or network name are flagged and recorded as evidence.

Unlawful Purposes. You agree not to use the Site for any illegal or unauthorized purpose (including, without limitation, in violation of any United States federal and state securities or blue sky laws or regulations, securities exchange or self-regulatory organization’s rules or regulations, consumer protection, anti-money laundering, anti-corruption, unfair competition, and anti-discrimination laws or regulations or equivalent laws or regulations in foreign jurisdictions).

Transfers or Assignments. You agree not to transfer or assign these Terms, and any rights and licenses granted hereunder.

Non-Public Areas. You agree not to access, tamper with, or use non-public areas of the Site or any other computer systems or networks connected to the Site.

Breach of Security Measures. You agree not to breach any of Real Estate Investment Swap’s security or authentication measures.

Unauthorized Access or Contact. You agree not to gain unauthorized access to the Site, any other Real Estate Investment Swap affiliated website or service, or the computer systems or networks connected to the Site through hacking, password mining or any other means. You further agree not to contact any party or user other than as allowed through the Site.

Generate Artificial Traffic. You agree not to use the Site to artificially generate traffic or page links to a website or for any other purpose not expressly allowed under these Terms.

Commercial Uses. You agree not to use the Service for any commercial uses or purposes, unless you obtain Real Estate Investment Swap’s prior written consent and approval. Such commercial uses include but are not limited to: (i) soliciting other users for investments of any kind; (ii) offering or selling any products or services of any kind; (iii) making investment recommendations to other users; and (iv) advertising, sponsorships, or promotions placed on or within the Site.

Unlawful Schemes or Activities. You agree not to upload, post, email or transmit, or otherwise make available through the Site any materials that promote pyramid schemes, chain letters or disruptive commercial messages or advertisements, or anything else prohibited by law, these Terms, Real Estate Investment Swap’s Privacy Policy or any Published Information. You further agree not to promote or provide instructional information about illegal activities or promote physical harm or injury against any group or individual.

Disabling Security Features. You agree not to circumvent, disable or otherwise interfere with security-related features of the Site or any other computer systems or networks connected to the Site. You also agree not to circumvent, disable or otherwise interfere with features that prevent or restrict use or copying of any material or content or enforce Site or content use limitations.

Impersonation. You agree not to impersonate any person or entity, including any employee or representative of Real Estate Investment Swap, or falsify or delete any author attributions, legal or other proper notices or proprietary designations or labels of the origin or source of any materials.

Other. You agree not to: (i) use the Site or take any action that imposes or may impose (as determined by Real Estate Investment Swap in its sole discretion) an unreasonable or disproportionately large load on Real Estate Investment Swap’s or its third-party providers’ infrastructure or that could damage, disable, overburden, or impair the Site, or interfere with any other party’s use and enjoyment of the Site; (ii) interfere or attempt to interfere with the proper working of the Site or any activities conducted on the Site; (iii) bypass any measures the Real Estate Investment Swap may use to prevent or restrict access to the Site (or other accounts, computer systems, or networks connected to the Site); (iv) run Maillist, Listserv, or any form of auto-responder or “spam” on the Site; (v) use any robot, spider, site search/retrieval application, or other device to retrieve or index any portion of the Site or collect information about users for any unauthorized purpose; or (vi) transmit any viruses, worms, defects, Trojan horses, or any items of a destructive nature.

ACCOUNT INFORMATION

If you create an account and become a registered user of the Site, you agree to (i) provide accurate, current and complete information about you as may be prompted at registration (“Account Information”); (ii) maintain the security of your password and identification; (iii) maintain and promptly update your Account Information, and any other information that you provide to Real Estate Investment Swap, to keep it accurate, current and complete; and (iv) accept all risks of unauthorized access to your personal and investment information and any other information you provide to Real Estate Investment Swap.

PROPRIETARY RIGHTS

The Site contains proprietary property/content of Real Estate Investment Swap (such as logos, copyrights, trademarks, technology, processes, etc.) (“Real Estate Investment Swap Proprietary Property”) which may be protected by copyright, trademark, patent, trade secret and other laws. Real Estate Investment Swap owns and retains all rights in and to the Real Estate Investment Swap Proprietary Property. Real Estate Investment Swap hereby grants you a limited, revocable, nonsublicensable license to display and/or utilize the Real Estate Investment Swap Proprietary Property solely for your use in connection with using the Site for the purposes authorized by these Terms. Except as explicitly permitted herein or unless you have received express, prior written permission, from Real Estate Investment Swap, you do not have the right to use the Real Estate Investment Swap Proprietary Property for any commercial use or to receive any monetary or other compensation in connection with the Real Estate Investment Swap Proprietary Property. Except as expressly provided by this Agreement, your use of Real Estate Investment Swap Proprietary Property is strictly prohibited.

The Site may contain proprietary property/content provided by one or more third parties, such as logos, copyrights, trademarks, etc. (“Third Party Proprietary Property”). Real Estate Investment Swap hereby grants you a limited, revocable, nonsublicensable license to display and/or utilize the Third Party Proprietary Property solely for your use in connection with using the Site for the purposes authorized by these Terms. You do not have the right to use the Third Party Proprietary Property for any commercial use or to receive any monetary or other compensation in connection with the Third Party Proprietary Property. Except as expressly provided by this Agreement, your use of the Third Party Proprietary Property is strictly prohibited.

Unless expressly permitted by these Terms or in the Site, you may not copy, modify, edit, translate, publish, broadcast, transmit, distribute, perform, display, sell or otherwise use any Real Estate Investment Swap Proprietary Property, any Third Party Proprietary Property or any other content appearing on or through the Site. You acknowledge that Real Estate Investment Swap is not responsible for, does not control and makes no representation or warranty regarding the reliability, accuracy, usefulness, safety, legitimacy or quality of any content. Real Estate Investment Swap does not endorse any content on the Site or any statement, opinion, suggestion or advice contained therein, and Real Estate Investment Swap expressly disclaims any and all liability in connection therewith. You agree that you will bear any and all risk of reliance on the accuracy, validity or legitimacy of any content on the Site. You further understand and agree that in the course of your use of the Site, you may be exposed to content on the Site that is illegal, inaccurate, offensive, indecent or objectionable and you hereby waive, any legal or equitable rights or remedies you have or may have against Real Estate Investment Swap with respect thereto.

USER CONTENT

The Site may allow you and other users to submit, post, transmit and share content, which may include, without limitation, personal and representative profiles and information sheets on certain private companies or other issuers, streaming feeds articles, documents, brochures, presentations, pictures, images, audiovisual works, other information materials and any user comments or other unedited or third party content submitted by you and other users on or through the Site (collectively, “User Content”). With respect to such User Content submitted by you or any other person, you represent, warrant and affirm as follows:

User Content is made available on or through the Site for informational purposes only and is not otherwise reviewed or controlled by Real Estate Investment Swap. You understand that Real Estate Investment Swap does not guarantee any accuracy or confidentiality with respect to any such User Content, and strongly recommends that you think carefully about what you transmit, submit or post to or through the Site.

User Content you submit will not: (i) infringe, violate, or misappropriate any third-party right, including any copyright, trademark, patent, trade secret, moral right, privacy right, right of publicity, or any other intellectual property or proprietary right; (ii) violate any applicable laws, rules or regulations (including, without limitation, United States federal and state securities or blue sky laws or regulations, securities exchange or self-regulatory organization’s rules or regulations, or equivalent laws or regulations in foreign jurisdictions); or (iii) require obtaining a license from or paying any fees and/or royalties to any third party, unless you and Real Estate Investment Swap otherwise agree.

All User Content and any information contained in such User Content are the sole responsibility of the person(s) who originated such User Content. This means that you, and not Real Estate Investment Swap, are entirely responsible for all User Content that you upload, post, transmit, or otherwise make available through the Site as well as any consequences of submitting and publishing your User Content on the Site. You affirm, represent, and warrant that you own or have the necessary licenses, rights, consents, and permissions to publish User Content you submit; and you license to Real Estate Investment Swap all patent, trademark, trade secret, copyright or other proprietary rights in and to such User Content for publication on the Site.

By submitting User Content, you hereby grant Real Estate Investment Swap and its affiliates, sublicensees, partners, designees, and assignees a worldwide, non-exclusive, royalty-free, sub-licensable and transferable license to use, reproduce, distribute, prepare derivative works of, display, and perform the User Content for promotion, redistribution or any other purposes and in any media formats or channels.

You hereby grant each user a non-exclusive license to access your User Content through the Site, and to use, reproduce, distribute, display and perform such User Content as permitted through the functionality of the Site and under these Terms. The above licenses granted by you in User Content you submit to the Site shall not terminate. You understand and agree that Real Estate Investment Swap may retain copies of your User Content even though it has or they have been removed or deleted.

You may be exposed to User Content that is, without limitation, inaccurate, inappropriate, misleading, unlawful, offensive or otherwise objectionable and Real Estate Investment Swap makes no representations or warranties regarding any User Content, is not responsible for the accuracy, usefulness, or intellectual property rights of or relating to any User Content and does not endorse any User Content submitted or any opinion, recommendation, or advice expressed. All User Content is offered “AS IS” and “AS AVAILABLE”.

Investor Exchange™

Use of the Investor Exchange™ is intended only for an authorized Real Estate Investment Swap Real Estate user who has a current, updated, profile, and is an Accredited Investor who is capable of evaluating and understanding the risks associated with selling and/or buying real estate related investments.

If you are a seller on the Investor Exchange™,

you acknowledge and agree that:

 

  • The Investor Exchange™ has been provided solely as a tool to facilitate your offering of investments purchased and owned by you for re-sale to Real Estate Investment Swap authorized investors. Real Estate Investment Swap is not, and you are not in any way relying on Real Estate Investment Swap to be acting as, your broker, agent, adviser or representative. If you are using the Investor Exchange™ on behalf of an entity, you represent and warrant that you are authorized to make and accept these Terms on such entity’s behalf, and you and such entity agree to indemnify us for losses or damages arising out any claim of your not having appropriate authority, misstatements or for violations of this Agreement.
  • Investments purchased by you through the Real Estate Investment Swap portal are subject to restrictions on transferability and resale, and no re-sale of investments through the Investor Exchange™ may be consummated without the written consent of the Manager of the respective investment, which consent may be withheld for good cause or for no cause or reason whatsoever. The Manager may grant consent, unreasonably withhold consent, subject consent to your providing additional information (legal or factual) at your own expense, in each case in its sole and absolute discretion.
  • For regulatory purposes, the Manager will in most cases require that you have owned an investment for at least one year before you may offer that investment for re-sale on the Investor Exchange™. The Manager in its sole discretion may make exceptions in certain special circumstances, such as in the case of the death or disability of the record owner.
  • You may withdraw your investment from the auction process at any time up until a successful bidder has been achieved and the bidding has timed out, at which time you will be contractually bound to proceed with the transaction. Real Estate Investment Swap bears no responsibility if you determine to withdraw from the auction sale process, but your withdrawal does not get reflected in the Investor Exchange™ prior to the successful completion of bidding.
  • In the event of a successfully completed bid process, the transfer and sale will not occur, and you will not receive the sale proceeds, unless and until the successful bidder has completed the required subscription documentation, the Manager has consented and the bidder’s funds have successfully been transferred via ACH.
  • Real Estate Investment Swap is not a party to your transaction on the Investor Exchange™ and makes no warranties, express or implied, that a transaction will be consummated even if the Manager has consented to the transaction. Bidders are on an honor system. If a successful bidder reneges on its responsibilities to close for any reason whatsoever, you will have no recourse against Real Estate Investment Swap, the Real Estate Investment Swap Portal, the Investor Exchange™ or any other party. You will remain the record owner of the investment and you will free to commence a new auction process for the re-sale of the investment.
  • You will provide and otherwise make available for publication on the Investor Exchange™ all historical and current information in your possession about distributions you have received in respect of the investment as well as current information in respect of anticipated or continuing performance of the investment.

 

If you are a bidder on the Investor Exchange™,

you acknowledge and agree that:

 

  • You have significant experience investing in investments of the type offered including, without limitation, real estate, equities, notes and other securities, you understand that the investments offered are inherently very risky, you understand the risks associated with the investment, that there will be no market and you may be unable to sell, liquidate or transfer the investment for an indefinite period of time, and you are able to accept the risk of losing your entire investment. If you are using the Investor Exchange™ on behalf of an entity, you represent and warrant that you are authorized to make and accept these Terms on such entity’s behalf, and you and such entity agree to indemnify us for losses or damages arising out any claim of your not having appropriate authority, misstatements or for violations of this Agreement.
  • You will have access on the Investor Exchange™ to the original offering documentation and other information in respect of a particular investment, which information should not be assumed to be current or updated. Also you will have access to the historical cash returns received by the company or by the specific seller in respect of the investment. Real Estate Investment Swap may post current information about an investment to the extent such information is reasonably available to it, but Real Estate Investment Swap shall have no obligation to do so and Real Estate Investment Swap does not verify or warrant the accuracy of any such information. The Investor Exchange™ may provide you with tools and calculators, which are intended to facilitate your own analysis in determining whether, and how much, to bid. These investor tools are not investment advice.
  • The information provided as to any particular investment offered for re-sale on the Investor Exchange™ should not be relied on and Real Estate Investment Swap does not guarantee the performance of any investment opportunity and has not verified the accuracy of any information, projections, estimates and other statements, including of expected performance and/or internal rates of return, for any investment. Investors must rely on their own examination of each investment opportunity, are expected to engage in their own due diligence and are accorded the opportunity to ask questions and receive answers to their satisfaction before making an investment.
  • The value of any investment and the income generated, if any, could fall as well as rise. Past performance is not a guarantee of future performance. Information provided on the Investor Exchange™ does not constitute investment, financial, legal, or tax advice. Investors are solely responsible for conducting their own due diligence review and consulting with such experts as he or she deems necessary and appropriate, including as to investment, financial, legal and tax matters.
  • You acknowledge and agree that in operating the Investor Exchange™, Real Estate Investment Swap is not acting as your agent, broker-dealer or investment adviser and is not a member of the Financial Industry Regulatory Authority. Real Estate Investment Swap and any investment by Real Estate Investment Swap is not a registered Investment Company or Investment Adviser within the meaning of the Investment Company Act of 1940 and the Investment Advisors Act of 1940, respectively. By bidding on the Investor Exchange™, you will not receive any of the protections afforded by such registrations and/or memberships. Investments offered on the Investor Exchange™ are not guaranteed by any person, are not FDIC insured and you could lose your entire investment amount.