Fractional Ownership

Overview

Brick Block offers a fractional ownership system, allowing investors to purchase parts or "Blocks" of a property, similar to Real Estate Investment Trusts (REITs). These Blocks can be traded among investors, providing flexibility and liquidity.

Ownership Period (Pre-Sale Phase)

Time Frame: Each property has a predefined ownership period, typically lasting a few years. The duration of this period is determined by a Decentralized Autonomous Organization (DAO) in which Brick Block holds 40% voting power, while the remaining voting power is allocated proportionally based on each investor's investment amount.

Procurement Option: If an individual acquires all Blocks before the period ends, they can claim full ownership of the property through our procurement process, with property documents transferred to their name.

Post-Ownership Period (Sales Phase)

Market Listing: Once the ownership period expires, Brick Block lists the property for sale at a price determined by our experts.

Sale Proceeds: After the sale, Brick Block charges a 2% fee, with the remaining proceeds proportionally distributed to Block holders.

Right to Sell: Brick Block reserves the right to sell the property after the ownership period ends, ensuring timely returns to investors.

Additional Features

Trading: Blocks can be traded among investors, providing a dynamic and flexible investment opportunity.

Expert Evaluation: Property prices are evaluated by Brick Block’s experts to ensure fair market value.

Distribution: Sale proceeds are automatically distributed, ensuring transparency and efficiency.

Off-Plan Investments

Investment Opportunity: Users can invest in off-plan properties, which are properties that are still under development. These properties can be resold at a much higher value once they are completed, offering potentially significant returns.

Installment Plans: Investors can opt into installment plans for off-plan properties, allowing them to pay monthly after making an initial deposit. This makes high-value investments more accessible by spreading out the payment over time.

This comprehensive approach ensures that all investors have the opportunity to participate in real estate investments with flexibility and security.