The offerings available through Roofstock
onChain include non-fungible tokens referred to as Homes onChain, each representing a single-family
property-owning limited liability company. Homes onChain are not offered through any real estate
brokerage firm or agent and are not securities as defined by the U.S. Securities and Exchange
Commission Act. Neither Fractional Finance nor its agents, employees, or affiliates serve as your
advisor, agent, broker, contracting agent, or fiduciary and do not provide, or offer to provide,
financial, investment, legal, real estate, or tax advice.
Transacting on the blockchain, trading
cybercurrency, and holding real property through a limited liability company may all have tax
implications. You agree that you are solely responsible for determining what, if any, taxes apply to
your transaction.
All Fractional Finance transactions are
facilitated by Smart Contracts deployed on the Ethereum blockchain. The Ethereum blockchain requires
the payment of a transaction fee (a “Gas Fee”) for every transaction that occurs on the Ethereum
blockchain, and thus every blockchain transaction occurring on the Platform. The value of the Gas
Fee changes, often unpredictably, and is entirely outside of the control of Fractional Finance. You
agree that under no circumstances will a contract, agreement, offer, sale, bid, or other transaction
be invalidated, revocable, retractable, or otherwise unenforceable on the basis that the Gas Fee for
the given transaction was unknown, too high, or otherwise unacceptable.
Illustrations represent artistic
interpretation and rendering of key architectural and design elements, and are not exact replicas of
property. Actual grading, landscaping, proportions, scale, or other features of property may differ
from drawing.
