BLOCK is a company registered in the commercial register of XXXX under number XXX XXX XXX, headquarters at 34 avenue des Champs Élysées 75008 Paris. Block is a crowdfunding platform dedicated to real estate, not subject to the regulations of financial authorities in Europe. BLOCK operates a website (hereinafter “the Site”) also called getblocks.co, whose web address is as follows: http://13.202.114.70/

Internet users accessing this Site and interested in crowdfunding dedicated to real estate in royalties or royalties, can become “MEMBER(S)”, subject to validation of their profile by BLOCK as well as third parties such as financial institutions partners. This involves the validation of their identity documents provided, to benefit in particular from the following services offered (hereinafter the “Services”):

– access to the home page
– newsletters – creation of a personal space
– access to the pages of projects currently being financed
– access to the marketplace
– and more generally to the content published on the site.

The purpose of these General Conditions of Use (hereinafter the “General Conditions” or “CGU”) is to define the conditions under which a user can become a MEMBER and access the Services.

This contract (hereinafter the “Contract”) consists of the General Conditions governed by law XXXXX.

‍Before becoming a “MEMBER” the Internet user is invited to read the General Conditions of our Payment and/or Electronic Money Service Provider or any intermediary mandated by the Platform appearing on the Site, available here, which describe the operation of the payment and reimbursement transactions that could be carried out on your account.

By checking the box “I accept the General Conditions of Use” and clicking on the box “I accept”, the MEMBER declares to irrevocably accept all the General Conditions as well as the General Conditions of the Payment Services Provider and /or Electronic Money or any intermediary mandated by the Platform appearing on the Site by checking the box provided for this purpose.

Member account – Registration

1.Conditions of access to the Website
Navigation on this site is subject to the regulations in force. The Internet user is invited to consult this page regularly, as updates may have been made since their last visit. Access to the site may be subject to restrictions with regard to certain people or certain countries, either by virtue of general prohibitions or by virtue of specific marketing rules.

‍ 2. Conditions of access to the Services
‍The Services are reserved for persons legally capable of entering contracts under XXXX law; they must expressly ensure that they are legally authorized to connect to this site in the country in which the connection is established and to declare their country of residence, under their own responsibility. The Services are therefore not accessible to or intended for minors. No active marketing or telephone canvassing is carried out by BLOCK. Internet users residing outside of XXXX must ensure the rules that apply to them. In particular, access to the Site does not in any way constitute solicitation or advice in the United Kingdom or the United States; none of the Services offered on the Site are therefore intended for a person residing in these States.

‍ 3. Conditions Information provided by the MEMBER to the Site
‍When registering online, the MEMBER undertakes to complete the registration form accurately and sincerely, providing accurate, complete, and up-to-date information. The MEMBER must complete all of the mandatory fields appearing in the registration forms. In the event of a change in one of the mandatory elements appearing in the registration form in his situation, the MEMBER undertakes to immediately update this information concerning him via the Site in his MEMBER space. BLOCK cannot be held responsible in the event that it has not been informed of a change in the MEMBER’s situation. The MEMBER acknowledges that creating a false identity is punishable by sanctions and undertakes not to mislead third parties and to promptly keep the personal data provided during online registration up to date. If the MEMBER provides false, inaccurate, outdated, incomplete information or in violation of the provisions of this article, BLOCK will be entitled to suspend or delete the MEMBER’s account without delay and to refuse it immediately, and for the future, access to all or part of the Services.

‍4. Creation and use of the account
‍To create an account, the MEMBER must choose an identifier and a password which will allow him to access the Services and manage his account so that the MEMBER alone can benefit from access to his personal information. This account is strictly personal, and the MEMBER is prohibited from sharing it or transferring it to anyone. The username and password constitute proof of the identity of the MEMBER and the commitment to any use made of the Services through him or her. The MEMBER can modify the information relating to his account using his username and password. The MEMBER is entirely responsible for the conservation and use of his username and password. He must take all measures to prevent unauthorized or fraudulent use of his personal space. To this end, he must regularly modify his password in compliance with the security criteria imposed on him by the Site. If the MEMBER notices or suspects unauthorized or fraudulent use of his username and/or password or any security breach, he must immediately alert BLOCK by telephone or by email addressed to contact@13.202.114.70

‍ 5. Emails
By validating their registration, the MEMBER agrees to receive the emails necessary for the proper use of the platform, for example as soon as a new good arrives on the primary market.
The MEMBER can also subscribe to the newsletter to receive other types of emails, such as articles, news, etc. In a responsible approach, BLOCK makes its best efforts to limit its sending of emails.

‍The service offered
‍The MEMBER can subscribe to contracts for the transfer of future income backed by financing operations for investment property which are presented on the BLOCK platform by following the investment process on the website www. Getblocks.co. The procedure for disbursing funds is defined in the contract that the MEMBER who wishes to invest can download directly from the page of each property. The investment will only be made, and the funds will be fully collected by the company carrying the project once the amount sought by the company has been reached. If the operation is not carried out, the funds subscribed by the MEMBER will only be made. will be fully reimbursed, within a reasonable time, any fees that may be applied. This reimbursement cannot give rise to any additional compensation for the MEMBER. No information presented on the Site constitutes legal or tax advice or advice in any other area.
Certain information presented on the Site may contain forecasts or other forward-looking statements regarding future events or the financial performance of projects. These statements are only forecasts, opinions or estimates and the reality may prove to be very different. When BLOCK acquires a new building (primary market), investors are limited to 10 % of the total amount to be financed. This limit only concerns the primary market.
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Marketplace
The MEMBER can resell their BLOCKs on the marketplace, at the price they wish, to other MEMBERS, natural or legal persons. In order to avoid excessive speculation on the price of real estate, BLOCK does not, however, allow a MEMBER to sell their BLOCKs for 20 % more than the last estimate of the value of the block. This estimated price of the block is given for information purposes only. It has no contractual value.

As soon as a MEMBER buys the BLOCKS of another MEMBER, we directly transfer the BLOCKS from one account to another, and the money from one wallet to another. The income received is paid in full to the MEMBER who owns the BLOCKs on the 28th of the following month.

PLEASE NOTE: We do not guarantee liquidity on the marketplace.

‍Member data
‍By using the Site and registering, the MEMBER acknowledges having read and accepted the processing of their personal data by BLOCK in accordance with applicable law and the provisions of the Confidentiality Policy.
Security
‍BLOCK does not guarantee that the Site will be accessible without interruption. BLOCK may interrupt access to the Site for maintenance reasons and in the event of an emergency. BLOCK undertakes to make its best efforts to secure access, consultation, and use of the Services in accordance with the rules of Internet use. BLOCK is not responsible for the alteration, loss or accidental transmission of data or the sending of viruses via content posted on the Site by the MEMBER. Consequently, BLOCK cannot be held liable in particular in the following cases:
– momentary interruptions lasting a few minutes, or a few hours, for updating the Site – Operating difficulties or temporary interruption of the Services independently of the will of BLOCK, particularly in the event of interruption of electricity or electronic communications services – Temporary interruptions of the Services
necessary for developments or maintenance – Failure or malfunctions of the Internet network in the transmission of messages or documents.‍ The MEMBER undertakes not to use devices or software of any kind in order to disrupt or attempt to disrupt the proper functioning of the Site. The MEMBER undertakes not to take any action that would impose a disproportionate burden on BLOCK’s infrastructure.

‍ ‍Intellectual property
‍The Site, its content, its texts and illustrations, its photographs and images are the property of BLOCK and/or third parties contractually linked to BLOCK, holders of the intellectual property rights of the Site. It is prohibited to copy and/or download all or part of the Site, its content, its catalog, its texts and illustrations, its photographs, and images. The photos and information presented on the website have no contractual value.

‍ ‍The MEMBER therefore undertakes to:
– Only download the content of the Site onto his or her computer for personal and limited time use – Only print the pages of the Site downloaded on paper on the condition that said copies are strictly limited to personal use – Do not disseminate on social networks and in general to third parties’ information available with restricted access for MEMBERS of the site. The

MEMBER is prohibited from modifying, copying, reproducing, downloading, distributing, transmit, commercially exploit and/or distribute in any way the Services, the pages of the Site, or the computer codes of the elements making up the Services and the Site.

The MEMBER acknowledges that the violation of one of BLOCK’s copyrights constitutes an offense of counterfeiting punishable in XXXXX by article L 335-2 of the Intellectual Property Code and punishable by three years of imprisonment and 300 000 euros fine. In addition, please note that no hypertext link may return to the Site without the prior and express authorization of BLOCK. In the absence of authorization, such a link is considered to constitute the offense of counterfeiting, an offense for which the penalties have already been recalled above.

‍ Infringement of third-party rights
The MEMBER guarantees and will indemnify BLOCK upon first request against any damage suffered by BLOCK and against any liability action which would be brought against BLOCK on the basis of the violation of any right of a third parties resulting from the use of the Services.
BLOCK is the owner and/or has authorization to use all rights relating to the logos, brands, distinctive signs as well as the databases and software used in the operation of the Site. Any representation or total or partial reproduction of logos, brands, distinctive signs as well as databases used on the Site by any process whatsoever without the express prior authorization of BLOCK is prohibited and would constitute an infringement. BLOCK reserves the right to take all measures that it deems appropriate in order to prevent or put an end to the infringement of its copyrights or the copyrights of third parties, without any liability being attributed to it as a result.

‍Guarantee / Liability
‍ In the event that BLOCK’s liability is judicially sought due to a failure by a MEMBER to fulfill its obligations under the Contract, BLOCK may call upon the latter as a guarantee. Consequently, the MEMBER guarantees BLOCK in the event of any legal or factual problem, and in particular any action directed against the latter in relation to the present, and would bear all costs, including procedural costs, damages, and related interests.
BLOCK undertakes to implement all necessary means in order to best ensure the provision of the Services it offers to the MEMBER. However, BLOCK does not guarantee that the Services offered meet the needs and requirements of the MEMBER. BLOCK declines all liability in the event of error, inaccuracy or omission contained in the information made available to MEMBERS.BLOCK declines all liability in the event of cancellation or postponement of a financing transaction presented on the Site. BLOCK declines also any liability in the event of loss of data, alteration, destruction, or any damage affecting the equipment or computer system of the MEMBER or a third party and which results from browsing the Site or use of the Services. Its liability is not finally cannot be engaged in the event of force majeure or an event beyond its control, in particular in the event of interruption or malfunction of the Services resulting from a failure of the telephone network or the Internet access provider of the MEMBER.BLOCK does not is not responsible for the use which may be made by the MEMBER of the information which he may find on the Site.

‍ ‍No guarantee of investments
‍The MEMBER acknowledges being aware of the fact that crowdfunding in royalties presents a risk of loss of partial or total capital and non-liquidity. It is up to the MEMBER to manage their assets in accordance with their financial situation, their objectives, and their aversion to risks. He is therefore fully aware of and responsible for the investment or disinvestment decisions he makes and declares that he understands and accepts the risks inherent in the investments he makes through BLOCK.
BLOCK will therefore not be held responsible for the financial and tax consequences of investments for which the MEMBER retains full initiative and responsibility for their choices made on the Site, BLOCK’s advisory mission does not carry a management mandate.
The MEMBER is invited to take the time to reflect and to carefully read the documentation made available to him on the Site and to verify all the information he deems useful before making any investment decision. The MEMBER therefore undertakes expressly and irrevocably not to invest in projects presented on the Site, in cases where: – He judges that the information available to him is insufficient to fully appreciate the investment opportunity and its risks – His personal, family, patrimonial, financial and/or tax did not allow him to invest in view of the risks presented by the financial product in which he plans to invest.

‍‍Duration and end of the contract
‍The Contract is concluded between BLOCK and the MEMBER for the entire duration of use by the MEMBER of the Site and Services. The MEMBER may terminate this contract at any time and without notice, by sending an email to: contact@Getblocks.co.
BLOCK, for its part, undertakes to respect a notice period of 5 days before any termination. BLOCK may terminate the Contract without notice in the event of abuse of illicit or fraudulent behavior by the MEMBER or more generally in the event of non-compliance with one any of the conditions of the Contract. BLOCK declines all liability towards the MEMBER or any third party due to the interruption, suspension, or termination, for any reason whatsoever, of the Contract.

‍‍Modification of the contract or services
‍BLOCK reserves the right to modify all or part of the Contract in order to adapt it to changes in its operation, and/or to changes in legislation and/or to changes in the Services offered.

‍‍Information relating to sponsorship offers
‍Definitions
“Referral”: designates the Member who has registered on the Site using the Sponsor’s registration link.
“Sponsor”: designates the Member with a validated profile, natural person, whose registration link was used by the Sponsor to create their Account on the Site. “Site”: designates the website accessible online at the address www. getblocks.co _

“Registration link”: designates the unique URL which allows a new Member to be identified when creating their Account on the Site as being the godchild of another Member.

‍ Sponsorship is limited to investment in a new property (primary market). Purchasing BLOCK through the marketplace (on the secondary market) is not eligible for the referral commission. 

‍Object
The site offers a sponsorship offer which pays 2 % to the sponsor and 1% to the godchild on the purchase of BLOCK made by the godson, during the first 3 months following his registration. BLOCK may terminate any current sponsorship offer without notice and without notification to the Member.

Conditions to be respected by the Sponsor to benefit from sponsorship offers:
The Sponsor must not be a qualified investor (a qualified investor is a person defined in point e of Article 2 of Regulation (EU) No. 2017/1129 of June 14 2017) or carry out an investment advisory activity.
The sponsor undertakes not to broadcast paid advertising (all channels combined) intended to expose their sponsorship code.
If the Sponsor has several Accounts, he can only benefit from the sponsorship offer through one of his Accounts. In the event that the sponsor is required to provide the contact details of his godchildren, the sponsor certifies that he has obtained the agreement of each of his godchildren to be contacted by BLOCK as part of the sponsorship offer.

Conditions to be respected by the Sponsor to benefit from sponsorship offers:
The Sponsor must not be a Member of the Site before having registered using the registration link of their Sponsor.

‍ Payment of the sponsorship bonus:
The sponsorship bonus may be invalidated if the Sponsor and/or Referrer have not complied with the conditions of the sponsorship program. Payment conditions: The sponsorship bonus applies to investments made within the 3 months period following the referral’s registration.

‍ The sponsorship bonus is paid under the following cumulative conditions:
The money has been invested in a new property (primary market)
From the moment the property is definitively acquired from a notary. The sponsorship bonus does not apply in as part of an investment on the secondary market.

Sponsorship bonuses paid in cash must be declared as non-commercial profits (art. 92 of the tax code).
However, a tolerance of €1,500 per year per person is regularly noted by the tax administration. This is the reason why BLOCK is not currently involved in making this tax declaration and leaves each taxpayer to do so. take care to do so respectively. However, beyond 1500€/year/person of sponsorship bonuses, we will ask for either an invoice or proof of tax declaration.

Complaints
If you have contacted BLOCK support and we are unable to find a solution for your request, you can contact our Mediator – CM2C (Center for Consumer Mediation and Conciliators). of justice), for any complaint filed during the last twelve (12) months, electronically: https://cm2c.net/ . The solution proposed by the Mediator is not binding on the parties, who remain free at any time to exit the Mediation process.
CM2C – 14 rue Saint Jean, 75017 Paris –  Tel: 01 89 47 00 14