Welcome to Kasosyo.biz, a co-ownership platform designed to enable collective investment in real estate, businesses, and other assets. These Terms of Service ("Terms") govern your use of the Kasosyo.biz website and services (collectively, "Platform"). By accessing or using Kasosyo.biz, you agree to these Terms.
If you do not agree with these Terms, you must not use the Platform. Please read the Terms carefully before engaging with the services offered.
1. Definitions
- Platform: Refers to the Kasosyo.biz website, mobile application, and any associated services provided by Kasosyo.biz.
- User(s): Refers to any individual or entity using the Platform, including project owners and investors.
- Project Owner(s): Refers to users who create and offer projects or assets for co-ownership on the Platform.
- Investor(s): Refers to users who contribute funds or resources to projects listed on the Platform.
- Agreement: Refers to these Terms of Service.
2. Eligibility
To use Kasosyo.biz, you must:
- Be at least 18 years of age or the age of legal majority in your jurisdiction.
- Have the legal capacity to enter into binding contracts.
- Comply with all applicable laws, rules, and regulations.
Kasosyo.biz reserves the right to restrict access or terminate any user account if these conditions are violated.
3. Registration & Account
- Users must create an account to use certain features of the Platform. During registration, users agree to provide accurate and current information.
- Users are responsible for maintaining the confidentiality of their account login credentials and all activities that occur under their account.
- Users agree to notify Kasosyo.biz immediately of any unauthorized access or security breach involving their account.
4. Co-Ownership Model
Kasosyo.biz facilitates co-ownership opportunities by allowing users to invest in projects. The following terms apply:
- Project Listings: Project owners list their assets (real estate, business, etc.) for co-ownership through the Platform. Kasosyo.biz does not guarantee the performance or success of these projects.
- Investments: Investors can contribute funds towards co-ownership of a listed project. Upon successful funding, investors receive an ownership stake proportionate to their contribution.
- Ownership Agreements: A separate legal ownership agreement will be executed between project owners and investors, outlining the specific terms of co-ownership, rights, obligations, and any other applicable conditions.
- Returns & Dividends: Project owners may distribute profits or returns based on the project's performance. Kasosyo.biz does not guarantee returns and is not liable for any losses incurred by investors.
5. Fees & Payments
Kasosyo.biz charges the following fees:
- Platform Fees: A percentage-based fee is charged to project owners for listing and successfully raising funds on the Platform.
- Transaction Fees: A small fee may be charged on each transaction made by investors through the Platform.
Users agree to pay all applicable fees associated with the services provided by Kasosyo.biz. Kasosyo.biz reserves the right to modify its fee structure with prior notice.
6. User Responsibilities
Users of Kasosyo.biz agree to:
- Use the Platform only for lawful purposes and in accordance with these Terms.
- Provide truthful, accurate, and complete information when registering or listing projects.
- Not engage in any fraudulent, illegal, or deceptive activities on the Platform.
- Not impersonate any individual or entity, or falsely state or misrepresent their affiliation with any person or entity.
Kasosyo.biz reserves the right to investigate any violations of these Terms and take appropriate action, including terminating accounts and reporting illegal activities to the authorities.
7. Prohibited Activities
Users agree not to engage in the following prohibited activities:
- Using the Platform to promote any illegal activities or fraud.
- Misrepresenting any investment opportunity, project details, or returns.
- Attempting to disrupt the functionality of the Platform, including hacking, phishing, or introducing malware.
- Engaging in spamming, unsolicited advertising, or marketing.
Violations of these prohibited activities may result in the suspension or termination of user accounts without prior notice.
8. Intellectual Property
- All content on the Platform, including text, graphics, logos, images, and software, is the intellectual property of Kasosyo.biz or its licensors and is protected by copyright, trademark, and other laws.
- Users are granted a limited, non-exclusive, and non-transferable license to access and use the Platform for personal and non-commercial purposes.
- Users may not copy, modify, distribute, sell, or lease any part of the Platform without explicit written permission from Kasosyo.biz.
9. Disclaimer of Warranties
- No Guarantee of Returns: Kasosyo.biz does not guarantee that any project listed on the Platform will succeed or generate profits. Users invest at their own risk.
- Platform Availability: Kasosyo.biz does not warrant that the Platform will be uninterrupted or error-free. The Platform is provided "as-is" and "as-available," without any warranties of any kind.
Kasosyo.biz disclaims any liability for technical issues, project outcomes, or other risks inherent in co-ownership investments.
10. Limitation of Liability
In no event shall Kasosyo.biz or its affiliates be liable for:
- Any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, use, or goodwill, arising out of the use of the Platform.
- Any losses or damages resulting from user reliance on the information or materials provided on the Platform.
The maximum liability of Kasosyo.biz to any user under any circumstances is limited to the total fees paid by the user in the preceding 12 months.
11. Indemnification
Users agree to indemnify and hold harmless Kasosyo.biz, its affiliates, and its employees from any claims, damages, liabilities, and expenses arising out of:
- User's breach of these Terms.
- User's misuse of the Platform.
- User's violation of any law or rights of a third party.
12. Termination
Kasosyo.biz may terminate or suspend any user’s account at its sole discretion for violations of these Terms or any applicable law, or for any other reason deemed appropriate by Kasosyo.biz.
Users may terminate their account at any time by providing written notice to Kasosyo.biz.
Upon termination, users remain responsible for any outstanding obligations or fees owed.
13. Governing Law & Dispute Resolution
- These Terms are governed by and construed in accordance with the laws of [Country/Region], without regard to its conflict of law principles.
- Any dispute arising under or related to these Terms or the Platform shall be resolved through arbitration in [City], [Country/Region].
Both parties agree to submit to the exclusive jurisdiction of the courts in [City], [Country/Region], for any litigation not resolved through arbitration.
14. Amendments to Terms
Kasosyo.biz reserves the right to modify or amend these Terms at any time. Any changes will be communicated to users via email or the Platform, and the continued use of the Platform after changes are posted constitutes acceptance of the revised Terms.
15. Contact Information
If you have any questions or concerns about these Terms, please contact us at: