RISK POLICY

Disclaimers and warnings

Real estate prices are subject to constant volatility. LUX PROPERTY CLUB assumes no liability for losses in the value of the membership certificates resulting from a revaluation based on current market prices of the underlying property. It carries high level of risk to your capital as prices can move in the opposite direction very quickly. Investment involves risk. You should only trade in financial products and markets that you are familiar with and understand the risk associated with them. The risk warnings and disclosures described in this Policy as well as in general Terms and conditions of the company is not exhaustive, you should carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior making any investment. You should consider whether you have a good understanding of the nature of the market and whether you can take a high risk of losing money.

This notice cannot disclose all the risks associated with the products we make available to you. You should not invest in or deal in any financial product unless you understand its nature and the extent of your exposure to risk. You should also be satisfied that it is suitable for you in the light of your circumstances and financial position. Different investment products have varied levels of exposure to risks and to different combinations of risks.

Moreover, you will remain liable for any resulting deficit in your account. You should therefore carefully consider whether the use of our platform and marketplace is suitable in light of your own financial position and investment objectives.

Profit earned on selling the membership-certificates is a capital gain on which tax is payable in accordance with the law. Capital gains taxpayer is any natural person who has earned such income. Please consult with your tax advisor or lawyer for tax calculation and payment.

When conducting transactions, the opportunity to make a profit is inevitably linked to the risk of loss. Transactions may result in a partial loss or loss of all initial investment. Before you start using our platform, marketplace and services, make sure you understand the associated risks and are skilled enough for this activity.

The information on this site is not intended to be distributed or used by any person, in any country or jurisdiction in which such distribution or use would be contrary to local laws or regulations.

You should familiarize yourself with the protections given to money or other property you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which you may recover your money or property may be governed by specific legislation or local rules. In some jurisdictions, property which had been specifically identifiable as your own will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall.

This policy is not intended to be fully inclusive of all relevant risks; we would strongly encourage you to ensure that you have read all relevant literature, and that you are comfortable that you understand all of the associated risks relating to an investment, before you decide whether or not to purchase it. Should you be in any doubt as to the risks involved, or to the suitability of a particular investment, you should seek professional financial advice

Before you begin to use our services, you should obtain a clear explanation of all commission, fees and other charges for which you will be liable. These charges will affect the value of your membership-certificates and your cash-back rewards.

Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. Such markets may be subject to regulation which may offer different or diminished investor protection.

Also, be aware of risk in terms of software, hardware or internet connection failure. We do not control the strength of the signal itself, its reception and the path flow through the network infrastructure, the configuration of your equipment and the reliability of the connection you use. Consequently, we cannot be held responsible for any communication problems, setbacks or interruptions when it comes to internet trading. We use back-up systems and has contingency plans to minimize the possibility of system failures.

The company is not responsible for any loss or damage that may arise directly or indirectly from websites content, as well as due to the inability to access the site, delay or malfunction in transmitting or receiving any instructions or notices transmitted through the Site.

No service made available on this site is available to persons residing in countries where the availability of such services would be contrary to local rules and laws. It is the responsibility of the site visitors themselves to determine the rules and laws in their country and to comply with.

Effective Date: 20th. June 2023
Future Now LLC, address: Office # G08, Al Qayada Building, Dubai International Airport,Dubai, UAE, Reg.No.: 2007221, Licence No.: 808537, DCCI No.: 305176, email: support@luxpropertyclub.com , web: www.luxpropertyclub.com