REGISTRATION

Updated January 8, 2024

As part of the registration process on FALLZ HOTELS™, we require users to certify their status as a hotel buyer.

By proceeding with registration as a hotel buyer, I agree to the following terms:

1. I hereby certify that I am a bona fide hotel buyer and am genuinely interested in purchasing hotels or hotel properties.

2. I understand that any false or misleading information provided during the registration process may result in the suspension or termination of my account.

3. I acknowledge that FALLZ HOTELS™ reserves the right to verify my status as a hotel buyer through appropriate means, including but not limited to requesting additional documentation.

4. I acknowledge that FALLZ HOTELS™ may request additional documentation or information to verify my identity as a hotel buyer, including but not limited to government-issued identification, business licenses, tax documents, utility bills, or other evidence. I agree to cooperate with FALLZ HOTELS™ to verify my identity as a hotel buyer. I understand that failure to provide satisfactory proof of identity may result in the denial or termination of my account on the Website.

5. I agree to treat all information provided by FALLZ HOTELS™ with the utmost confidentiality and will not disclose such information to unauthorized third parties.

6. I commit to conducting all transactions in a professional and ethical manner, adhering to industry standards and legal requirements.

7. I understand that FALLZ HOTELS™ is a platform that facilitates connections between hotel buyers and sellers, and it is my responsibility to conduct thorough due diligence on any property of interest.

8. Confidentiality Commitment:

I understand that FALLZ HOTELS™ is committed to maintaining the utmost confidentiality throughout the transaction process. The identities of all parties involved will be kept strictly confidential.

I as the hotel buyer, at my discretion, may choose to disclose my identity upon executing a Letter of Intent (LOI), which FALLZ HOTELS™ will present to the hotel owner/hotel seller. At this point, my identity as the buyer will be shared with the hotel owner/seller (‘Seller’).
Similarly, the identity of the Seller will be held in the strictest confidence throughout the entirety of the process. It will only be revealed to me as the buyer once the Seller accepts my LOI, marking the commencement of negotiations for the purchase and sale of the hotel.

This protocol is in place to preserve the integrity and confidentiality of all parties involved on the FALLZ HOTELS™ platform.

9. Accuracy of Information:

a. By certifying my status as a Hotel Buyer, I confirm that the information I provide during the registration process is accurate, true, and complete.

b. I am responsible for updating any changes to my status or contact information promptly.

10. I agree to abide by the terms and conditions outlined by FALLZ HOTELS™, as well as any additional agreements or policies set forth by the platform.

By proceeding with registration as a hotel buyer on the Website, I acknowledge that I have read, understood the above terms, and agreed to comply with the terms and conditions stated in this certification statement.