Updated 01 May 2014.
Welcome to the Humming Crowd Realty’s technology-powered platform, www.HBR.ae (“Portal”), the pioneering real estate crowdfunding site in the greater Middle East and North Africa (or MENA) growth corridor!
By accessing, viewing, browsing through, registering in, and/or participating in any activity within our Portal, you (“User”) accept and agree with all provisions of the terms of service (“ToS”) set forth below:
Our Portal is engaged in real estate crowdfunding, which pools the financial support of individuals or organizations from countries where it is legal to participate. It operates under the laws of the United Arab Emirates, complies with Islamic and Shari’ah-based financing and investment principles, and abides by applicable international conventions and ethical standards.
The Portal is intended for Users who are legally allowed, in age or by other determinants, to access, view, browse through, register in, and/or participate in any activity within the Portal.
Users mean either natural persons (individuals) or legal persons (duly incorporated or legally registered organizations). For due-diligence purposes, Portal administrators may require legal persons to submit verifiable proofs of incorporation and/or other pertinent declarations.
Registration is required of Users who wish to participate in the Portal’s real estate crowdfunding activities, including those that do not necessarily translate to the immediate selection of investment opportunities and placement of deposits. Users outside of the UAE agree to furnish the Portal with the legal investment-related documents that their respective countries of citizenship require them to provide.
Portal Access and Profile Security
The registration process culminates with the Portal creating a unique account to the Userproviding a unique password to the User. The password is to be used in navigating through registration-accessed portions of the Portal, encoding and changing details in the User profile, and encoding personal information necessary in initiating and completing financial transactions.
Users are advised to protect their passwords at all times, and to ensure that they are logged out of the Portal after each visit.
Code of Conduct
When using the Portal services, Users are required at all times to:
The Portal will ban Users who:
Violation of This ToS
The Portal reserves the right to choose how to handle violations of any provision in this ToS. Criminal acts will be prosecuted in a court of law within the UAE or, where applicable, in an appropriate legal venue in the violating User’s country of origin or citizenship, or known country of residence.
Users shall indemnify and completely free Humming Crowd Realty from liability, for any damages arising from their own misuse or abuse of the Portal.
Limitation of Liability
In no event shall Humming Crowd Realty, its directors and staff, partners and affiliates, agents and outsourced contractors, be held legally liable for:
Amendments to this ToS
Changes to any or all other provisions of the ToS may be made from time to time, in the general interest of the Users or as market conditions require. Amendments will be time-stamped and posted immediately for public viewing and appreciation.