What is GetBlocks.co?​

How does it work in terms of regulation?

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Getblocks.co is revolutionizing the field of real estate. The Startup offers a platform that allows you to invest from €10 in real estate.

So how does it work? We select buildings with a high rental yield ratio. We will cut them, divide them into BLOCKS of 10€ and by coming to our platform, you will have the possibility of buying one or more BLOCKS. It is according to the number of BLOCK that you have, that every month, you will recover a fraction of the rents and when the building increases in value, you will benefit from this value since the price of the BLOCK will increase. So, from just €10, you will be able to invest in buildings in France and all over Europe in one click. But above all, you finally constitute a profitable and very interesting saving because we are backed by real estate and we are able on average to generate returns which are of the order of 10% per year. Come see what the platform looks like, because it’s finally easy to invest in real estate and it’s really a small revolution. So I advise you to go look on the website and register very good day see you soon thank you.

Legally Getblocks.co is a platform that allows you to invest in real estate. The company is legally based in France and the BLOCKs are purchased on a commercial contract. So when you invest in BLOCK when you buy a BLOCK of a building, you will be the owner of a contract that binds you with our company. To simplify, we have one and the same company that will hold and buy all the buildings each time you invest in a building. This company will sign a contract with you and will agree to pay you back. 100% of the profits, ie 100% of the rents and 100% of the capital gain that will be generated on the property will be donated to the investor. And so this relationship, it is contractual, it is a commercial contract in which we are engaged.

Why did we choose this legal model? We could have decided to put you as CO owner of the property, so you could have had a title deed. You would have had a live share of the property, but the liquidity would not have been total, it would have been difficult for you to resell. In fact, when you hold a share, which is the principle of the REIT, when you will want to resell, well the buyer who will buy this REIT share from you will have to pay a transfer duty. It is a tax of 5% of the amount of the share and the buyer must also complete a Cerfa linked to this transfer duty which must be sent to the tax authorities. This whole process takes time and therefore the promise of BLOCK which is to say Buy in one click, Resell in one click could not have been retained. Ditto if I find myself having 10,000 co-owners of a property. Each time there is a BLOCKEUR who wants to leave, you have to go back to the notary and you quickly realize the legal and administrative complexity that it can be. So precisely to have a liquid and completely fluid market, we went with this legal option which, in fact, guarantees you that you will receive 100% of the profits related to the building and in practice, it will above all allow you to to have total liquidity and to have a market that is super fluid. So we can trade on the BLOCKS Marketplace 10,000 times a day on the same building. There will be no additional notary fees to pay because they will have already been paid a first time during the acquisition and above all there will be no transfer duties to pay. So make it a completely fluid market and finally we’re going to have something that allows you to have total liquidity on real estate, and that’s super innovative. So that’s why we chose this legal model and that’s what also allows us to be innovative compared to all the competitors that already existed on the market.

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LEGAL DISCLAIMER & WARNING

BLOCK is a « crowdfunding platform royalties » specializing in real estate business. An application for a real estate license, is being processing, including civil liability insurance as well as financial guaranteed insurance which legally authorizes BLOCK to handle funds on behalf of any third parties as part of its business activity. Revenue-based crowdfunding Royalties is a contractual regime based on common consumer and contract law. The Crowdfunding operation is not subject to a prospectus approved by the financial authorities or to the prior control of another organization responsible for the protection of savings. The Royalty Right does not constitute a financial instrument within the meaning of Article L.211-1 of the Monetary and Financial Code and the regulations relating to banking and financial canvassing do not apply. BLOCK is a company registered in XXXXX under the number XXXXXXX whose head office is located at 8 rue du Sentier, 75002 Paris, approved by the prefecture of Paris under number 16568

WARNING: Our offers involve certain risks and in particular the risk of total or partial loss of the sums invested. Moreover, past performance is not indicative of future performance, which means that just because our default rate is 0% does not mean that we will never have an incident on a property. If you have any questions about the risks associated with our projects or activity, contact us and our teams will take the time to answer your questions. Maximum effort has been made to make this website content authentic and to articulate all information with accuracy and relevance. Getblocks.co does not contain any financial or real estate investment advice or recommendations. Prospective BLOCK holders should obtain independent legal, financial, tax, accounting, or other advice to determine the potential benefits and implications involving BLOCK’s business. In no jurisdiction the BLOCK intended to represent securities. BLOCK is not a security but provides royalty rights. You should seek advice from a duly authorized independent financial adviser and ensure that you have the necessary risk appetite, experience, and knowledge before entering into transactions. BLOCK shall in no event be liable to any person or entity for direct, indirect, special, consequential, or incidental damages. Content on the BLOCK Platform does not contain advice or recommendations by or on behalf of getblocks.co