Frequently Asked Questions (FAQ)
- About Landbitt & Our Model
- The NFT & Investment Process
- Safety, Security & Rights
- Risks & Due Diligence
- Technical & Wallet Questions
1. What is Landbitt.com?
Landbitt is a digital investment access platform that enables you to invest in high-quality real estate through beneficial interest based fractional ownership. We use blockchain technology to issue digital tokens (NFTs) that represent your secure, fractional beneficial interest in a property held within a regulated Trust structure for user rights management.
2. How does fractional real estate ownership work on Landbitt?
A trust is created for user management and their rights management, such Trust has acquired exclusive rights in a web based platform to make accessible high quality real estate investment deals. Landbitt gets minted digital NFTs representing fractional beneficial interests in that Trust. When you purchase an NFT, you are acquiring a share of the economic benefits and governance rights of that underlying real estate asset, not direct property ownership.
3. Is this legal and compliant?
Yes. Our structure is designed in compliance with applicable Indian laws pursuant to MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 30th June, 2022 - https://www.realx.in/assets/documents/GR-issued-by CBDT.pdf The real estate is made accessible through a Trust governed by the Indian Trusts Act, 1882, operating through an exclusive Master Service Agreement. The NFTs are digital representations of your beneficial fractional interest in that Trust. We adhere strictly to KYC (Know Your Customer), AML (Anti-Money Laundering), and all relevant financial regulations.
4. Who regulates or oversees Landbitt's operations?
Landbitt operates under the legal frameworks governing trusts, contracts, and digital transactions in India. We work with registered trustees, legal advisors, and auditing firms to ensure transparency and compliance. Our platform policies are designed to meet the standards of financial transparency and consumer protection.
5. What exactly am I buying when I purchase an NFT on Landbitt?
You are purchasing a fractional beneficial interest in a Special Purpose Vehicle (SPV) Trust that accesses real estate asset(s), through a Master Service Agreement with the Asset Owner. The NFT is your immutable digital certificate of ownership for that interest. It entitles you to a proportional share of the rental income and potential capital appreciation of the property.
6. How do I invest?
- Step 1: Complete a quick KYC verification on our platform.
- Step 2: Browse listed properties, review their details, yields, and legal structure.
- Step 3: Select the number of fractional shares (NFTs) you wish to purchase.
- Step 4: Pay the investment amount via secure bank transfer.
- Step 5: Receive your unique NFT in your connected digital wallet, representing your ownership.
7. What is the minimum investment?
Investment amounts vary by property but are designed to be accessible. Minimums typically start from a low threshold, making real estate investment possible with a fraction of the capital required to buy a whole property.
8. How and when will I receive returns/yields?
You will earn a proportional share of the net rental income generated by the property. Distributions are made on directly to your registered bank account after deduction of necessary trust expenses and management fees.
9. Can I sell or exit my investment?
Yes. When available, Landbitt shall provides a structured secondary market facility where you can list your NFT for sale to other verified platform users. All transfers are subject to platform rules and applicable KYC. The Trust may also have a right of first refusal. Ultimately, an exit is also achieved ifthe underlying property is sold, with proceeds distributed to all holders.
10. How is my investment and personal data secured?
- Asset Security: The physical property is ostensibly made accessible by the Trust, through exclusive MSA with the Asset Owner. Your NFT ownership is recorded immutably on the blockchain.
- Platform Security: We use bank-grade encryption, secure cloud infrastructure, and regular security audits.
- Data Protection: We adhere to a strict Privacy Policy and comply with data protection norms. Your KYC data is handled with the highest confidentiality.
11. What are my rights as an NFT holder?
Your rights are detailed in the NFT Holder Rights Agreement provided for each property. Key rights include:
- Economic Right: To receive your share of distributable income.
- Information Right: To receive regular financial and performance reports on the asset.
- Transfer Right: To sell your interest on the platform's secondary market, when available.
12. Who manages the property?
The Trust appoints a professional property manager to handle all aspects: tenanting, maintenance, rent collection, and compliance. Landbitt, as the platform and investment manager, oversees this process and ensures the manager performs in the best interest of all investors.
13. What are the risks involved?
All investments carry risk. Key risks specific to our model include:
- Real Estate Market Risk: Property values and rental incomes can fluctuate.
- Liquidity Risk: While we offer a secondary market, the ability to sell quickly depends on buyer demand.
- Regulatory Risk: Changes in law could affect the structure.
- Technology Risk: Although minimal, blockchain and platform dependencies exist.
We strongly encourage you to read our detailed Risk Disclosure Statement before investing.
14. How do you select properties?
Our team conducts rigorous due diligence:
- Legal: Clear title verification, approval checks.
- Financial: Valuation analysis, rental yield assessment, market study.
- Physical: Property condition and quality evaluation.
We only list assets that meet our stringent criteria.
15. What fees are involved?
Fees are transparently listed for each offering. They typically include a one-time platform facilitation fee and annual trust/management fees, which are deducted from the asset's income before distributions are made to investors. There are no hidden charges.
16. Do I need a crypto wallet? Do I need to buy cryptocurrency?
No. The entire investment process is conducted in Indian Rupees (INR). You pay via standard bank transfer. While the ownership is represented by an NFT on the blockchain, as a user, you do not need to interact with cryptocurrencies or manage complex private keys. We provide a simplified, custodial wallet experience within your Landbitt account to hold your NFT securely.
17. What blockchain do you use?
We use energy-efficient, low-cost blockchain protocols (like Polygon) to mint our NFTs. This ensures your digital ownership is secure, transparent, and immutable without high transaction costs or environmental impact.
18. I’m not tech-savvy. Can I still use Landbitt?
Absolutely. Our platform is designed for all investors. The process is as simple as online banking. We handle all the blockchain complexity in the background. You interact only with a simple, intuitive web interface.
19. Who can invest?
Any resident Indian individual over 18 years of age or entity that successfully completes our mandatory KYC/AML verification process is eligible to invest, subject to the terms of the specific offering.
20. How can I get more information or support?
For detailed information on any property, please review its Official Offering Document. For any other questions, our support team is here to help:
- Email:support@landbitt.com
- Help Center: https://landbitt.com/help
- Grievance Officer: grievance.officer@landbitt.com
This FAQ is for informational purposes only and does not constitute financial,legal, or investment advice. Please read all offering documents and legal agreements carefully before making any investment decision. Investments in real estate and digital assets are subject to market risks.
