TERMS OF SERVICE
Last Updated: October 16th, 2024
Introduction
These Terms of Service ("Terms") govern your use of the Zeltura Holdings, LLC ("Company," "we," or "us") website and services. By using our platform, you agree to these Terms. Zeltura Holdings, LLC is a real estate dispositions wholesale company that partners with wholesalers to market properties to investors through a wholesale assignment model.
Services
Zeltura Holdings, LLC provides a platform to market real estate investment properties on behalf of wholesalers to investors. Properties are sold on a first-come, first-serve basis, with no bidding wars.
Wholesaler Guidelines
Wholesalers who wish to market their properties with us must:
1. Sign a non-exclusive joint venture or option agreement.
2. Provide a copy of the original purchase and sale agreement.
3. Disclose all known terms, conditions, and property information.
Investor Guidelines
Investors purchasing properties must:
1. Complete due diligence before signing an assignment contract
2. Deposit a non-refundable Earnest Money Deposit (EMD) into escrow by 12 PM the next business day upon executing an assignment contract with Zeltura Holdings, LLC.
3. Close by the specified close-of-escrow date.
4. Investors purchasing sight unseen must deposit the EMD prior to any property access or final walkthrough, which will not serve as an inspection.
5. When committing to purchase a property and take an assignment contract, Investors have two hours to sign the assignment agreement or the deal may go to a backup buyer.
Non-Circumvent
Investors: You are prohibited from contacting the original property sellers directly. You must adhere to this non-circumvent policy.
Wholesalers: You are prohibited from contacting the investor who purchases the property. All communications must be facilitated through Zeltura Holdings, LLC.
Zeltura: We agree to not directly contact or negotiate with the property seller(s), their agents, or representatives without prior written consent from the contracting party or the original wholesaler involved in the transaction. We commit to working exclusively through the designated parties involved in the agreement, ensuring that all communications and negotiations follow the established channels.
Dispute Resolution
By entering into an agreement with Zeltura Holdings, LLC, you waive all claims against Zeltura Holdings, LLC, its employees, and representatives arising from property purchases. You agree to indemnify and hold harmless Zeltura Holdings, LLC and its representatives from any liability arising from your transactions.