Terms and Conditions for Props Holding Inc.
Welcome to Props Holding Inc.
Props Holding Inc., a C Corporation, welcomes you. The LLCs on this page are LLC’s
we Manage, which are governed by their respective Operating Agreements.
By engaging with our site, you agree to these Terms and Conditions.
Props Holding Inc. takes a 5% of each LLC’s profits as a management fee.
Purchase of Membership Units
The purchase of membership units in the LLCs managed by Props Holding Inc. represents an investment in the specified LLC.
These units entitle the holder to a proportionate interest in the profits and losses of the LLC, as governed by the LLC Operating
Agreement, and as Manager chooses to make distributions. These Membership Units have no voting or control rights in the LLC, only
the Manager controls the LLC. The Units may have zero or a negative value upon purchase and may or may not hold the property
referenced on this site or in the offering documents.
KYC and AML Compliance
Requirement for Compliance: As part of our commitment to maintaining the highest standards of financial security and regulatory
compliance, all prospective members must undergo and pass our Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.
Process: The KYC and AML process involves providing proof of identity, proof of address, and other relevant information. This
process is crucial for verifying the identity of our clients and preventing financial crimes.
Regulatory Adherence: This requirement is in line with regulatory norms and standards in the USA, ensuring that we operate within the
legal framework and uphold our corporate responsibilities.
Understanding Membership Units
Purchasing membership units involves acquiring a stake in an LLC managed by Props Holding Inc. This investment allows members to
partake in the financial outcomes of the LLC's operations, in accordance with the terms set out in the
Operating and Subscription Agreements. It is important for prospective members to
understand the nature of this investment, including any risks and the structure of potential returns.
Restrictions for U.S. Investors – No U.S. investors allowed.
Please note that the offer to purchase membership units in LLCs managed by Props Holding Inc. is exclusively available to foreign
investors. United States residents are not eligible to participate in this investment opportunity, in accordance with regulatory
requirements and company policy.
General Terms
These Terms and Conditions are governed by and construed in accordance with the laws of the United States.
Props Holding Inc. reserves the right to update these Terms and Conditions at any time without prior notice. Continued use of our
services following any such changes will indicate your acknowledgment of such changes and agreement to be bound by the revised
terms and conditions.
Conclusion
By accessing and using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms and
Conditions. These terms are binding and enforceable against all persons that access our services or use the information provided herein.
Contact Us
For any questions or further clarification regarding these Terms and Conditions, please contact us at [Your Contact Information].
Signature
By proceeding with the purchase of membership units, you confirm your understanding and acceptance of these Terms and Conditions.
