Legal

Terms of Service

Last updated: January 2025

1. Acceptance of Terms

By accessing or using the OKBUILD platform, you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree with any of these terms, you are prohibited from using or accessing this platform.

2. Platform Description

OKBUILD is a real estate co-investment platform that facilitates fractional property ownership, land acquisition, and home ownership financing. We do not sell property directly but act as a technology intermediary connecting investors with vetted real estate assets.

3. Investor Eligibility

To use OKBUILD, you must: (a) be at least 18 years old, (b) be a resident of Nigeria or a Nigerian citizen abroad, (c) provide accurate and complete registration information, and (d) not be prohibited from accessing financial platforms under applicable law.

4. Investment Risks

Real estate investments involve inherent risks including but not limited to: market fluctuations, developer delays, regulatory changes, and liquidity constraints. OKBUILD does not guarantee returns. All projected yields are estimates based on current market conditions and may change. Past performance is not indicative of future returns.

5. Funds & Payments

All funds deposited on the platform are held in segregated trust accounts with CBN-licensed financial institutions. OKBUILD does not commingle investor funds with operational accounts. Withdrawals are processed within 24–48 business hours subject to verification.

6. Anti-Money Laundering (AML)

OKBUILD is SCUML-registered and complies with all Nigerian AML regulations. We perform KYC (Know Your Customer) verification on all investor accounts. Suspicious transactions are reported to the appropriate regulatory authorities as required by law.

7. Intellectual Property

All content, trademarks, logos, and materials on the OKBUILD platform are the exclusive intellectual property of OKBUILD Limited. Unauthorized reproduction, distribution, or commercial use is strictly prohibited and may result in legal action.

8. Limitation of Liability

To the fullest extent permitted by law, OKBUILD shall not be liable for any indirect, incidental, special, or consequential damages arising from your use of the platform. Our maximum aggregate liability to any user shall not exceed the total amount invested by that user in the preceding 12 months.

9. Governing Law

These Terms are governed by and construed in accordance with the laws of the Federal Republic of Nigeria. Any disputes arising from these terms shall be submitted to the exclusive jurisdiction of the courts of Lagos State, Nigeria.

10. Changes to Terms

OKBUILD reserves the right to modify these Terms at any time. We will notify registered users of material changes via email. Continued use of the platform after such modifications constitutes acceptance of the revised Terms.

For questions about these Terms, contact us at legal@okbuild.com

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