Co-Buying Risk Disclaimer

OWNI.ai provides a platform that connects individuals who may wish to explore co-purchasing real estate together. By using the OWNI.ai platform and participating in potential co-buying matches, you acknowledge and agree to the following:

1. OWNI.ai Is a Matching Platform Only

OWNI.ai provides a technology platform designed to introduce individuals who may be interested in co-purchasing real estate.

OWNI.ai does not:

• Act as a real estate brokerage
• Provide mortgage lending
• Offer legal advice
• Provide financial or investment advice
• Act as a fiduciary or intermediary in real estate transactions

OWNI.ai's role is limited to facilitating introductions between users.

2. Independent Decision-Making

Any decision to pursue a co-purchase with another user is entirely voluntary and at your own discretion.

OWNI.ai does not:

• Recommend specific individuals
• Guarantee compatibility between co-buyers
• Evaluate the suitability of a potential partner for real estate ownership

Users are responsible for determining whether a co-purchase arrangement is appropriate for their personal and financial circumstances.

3. User Verification and Information

While OWNI.ai may collect certain information from users, the platform does not guarantee the accuracy, completeness, or reliability of information provided by other users.

Users should not rely solely on information presented through the platform when making financial or legal decisions.

You are responsible for conducting your own due diligence before entering into any agreement.

4. Financial and Legal Risk

Co-buying real estate involves significant financial and legal responsibilities, including but not limited to:

• Mortgage obligations
• Shared property ownership
• Liability for property expenses
• Potential disagreements between co-owners
• Market fluctuations and property value changes

OWNI.ai is not responsible for any financial loss, legal dispute, or property-related issue arising from co-ownership arrangements formed through the platform.

5. Professional Advice

OWNI.ai strongly recommends that users consult qualified professionals before entering into any co-ownership agreement, including:

• Real estate lawyers
• Mortgage professionals
• Financial advisors
• Real estate agents

Professional advice is important to ensure that all parties understand their rights and responsibilities.

6. Co-Ownership Agreements

Users entering into a co-purchase should consider creating a formal legal agreement that outlines:

• Ownership percentages
• Mortgage payment responsibilities
• Exit strategies if one party wishes to sell
• Dispute resolution procedures

OWNI.ai does not create, review, or enforce such agreements.

7. No Guarantee of Successful Transactions

OWNI.ai does not guarantee that:

• Matches will result in a co-purchase
• Mortgage financing will be obtained
• Properties will be available
• Co-buyers will complete a transaction

Real estate transactions are complex and involve multiple external factors outside the control of OWNI.ai.

8. Limitation of Liability

To the fullest extent permitted by law, OWNI.ai and its founders, employees, affiliates, and partners shall not be liable for:

• Financial losses related to co-purchasing arrangements
• Disputes between users
• Misrepresentation by other users
• Failed real estate transactions
• Property ownership conflicts

Users participate in the platform and pursue co-buying opportunities entirely at their own risk.

9. Acknowledgment

By using OWNI.ai and participating in potential co-buying matches, you acknowledge that:

• You understand the risks associated with co-ownership of real estate
• You accept full responsibility for any agreements you enter into
• You agree that OWNI.ai is not responsible for the outcome of any co-buying relationship or real estate transaction

Contact Us

If you have questions about this disclaimer, please contact: