Terms and Conditions

Please read these terms carefully before using our services

Last Updated: January 15, 2026

Table of Contents

Terms and Conditions of Service

1. Acceptance of Terms

By accessing and using the Falkonegs LTD website (falkonegsltd.com) and our services, you agree to be bound by these Terms and Conditions ("Terms"). If you do not agree to these Terms, please do not use our website or services.

Important Notice

These Terms constitute a legally binding agreement between you and Falkonegs LTD. By using our services, you confirm that you are at least 18 years old and have the legal capacity to enter into this agreement.

2. Definitions

"Company", "We", "Us", "Our"

Refers to Falkonegs LTD, a registered and incorporated company in Nigeria (RC: 1234567).

"User", "You", "Your"

Refers to any individual or entity accessing or using our website or services.

"Services"

Refers to all property-related services provided by Falkonegs LTD, including but not limited to property listings, sales, rentals, property management, and advisory services.

"Property"

Refers to any real estate property listed on our platform, including houses, apartments, lands, and commercial properties.

"Transaction"

Refers to any property sale, purchase, rental, or lease agreement facilitated through our services.

3. Our Services

3.1 Service Description

Falkonegs LTD provides real estate services in Nigeria, including:

  • Property listing and marketing services
  • Property sales and purchases
  • Property rentals and leases
  • Property valuation and advisory services
  • Property management services
  • Real estate investment consultation

3.2 Service Limitations

We act as intermediaries between property owners, buyers, and tenants. We do not:

  • Guarantee the accuracy of property information
  • Provide legal or financial advice
  • Guarantee property availability
  • Assume responsibility for property conditions

4. User Accounts

4.1 Account Registration

To access certain features, you must register an account. You agree to:

  • Provide accurate and complete information
  • Maintain the security of your account credentials
  • Immediately notify us of any unauthorized access
  • Accept responsibility for all activities under your account

4.2 Account Termination

We reserve the right to suspend or terminate accounts that:

  • Violate these Terms
  • Provide false information
  • Engage in fraudulent activities
  • Violate applicable laws

5. Property Listings

5.1 Listing Requirements

Property listings must:

  • Be accurate and truthful
  • Include all relevant property details
  • Comply with Nigerian property laws
  • Not contain misleading information
  • Include valid ownership documentation

5.2 Listing Verification

We verify listings but do not guarantee:

  • Property ownership
  • Legal status of properties
  • Accuracy of property details
  • Property availability

6. Property Transactions

6.1 Transaction Process

All property transactions must:

  • Be conducted in good faith
  • Comply with Nigerian property laws
  • Include proper legal documentation
  • Be properly registered with relevant authorities

6.2 Due Diligence

Users are responsible for:

  • Conducting property due diligence
  • Verifying property ownership
  • Checking property legal status
  • Inspecting physical property conditions

7. Fees and Payments

7.1 Commission Fees

Our standard commission rates are:

  • Property Sales: 5% of transaction value
  • Property Rentals: One month's rent
  • Property Management: 10% of monthly rent
  • Consultation Services: As agreed in writing

7.2 Payment Terms

All fees are due:

  • Upon transaction completion
  • In Nigerian Naira (₦)
  • Via approved payment methods
  • Within 7 days of invoice date

8. Intellectual Property

All content on our website, including:

  • Logos and trademarks
  • Property photographs
  • Website design
  • Written content

are owned by Falkonegs LTD and protected by copyright laws. Unauthorized use is prohibited.

9. Privacy and Data Protection

We collect and use personal information as described in our Privacy Policy. By using our services, you consent to our data practices.

10. Limitation of Liability

Important Limitation

Falkonegs LTD shall not be liable for:

  • Any direct, indirect, or consequential damages
  • Property transaction disputes
  • Inaccurate property information
  • Third-party actions or omissions
  • Losses exceeding fees paid to us

11. Indemnification

You agree to indemnify and hold Falkonegs LTD harmless from any claims, damages, or losses arising from:

  • Your use of our services
  • Violation of these Terms
  • Property transactions
  • Your content or conduct

12. Termination

We may terminate or suspend your access to our services:

  • For violation of these Terms
  • For fraudulent activities
  • Upon your request
  • For legal or regulatory reasons

13. Dispute Resolution

13.1 Negotiation

Parties agree to attempt amicable resolution of disputes through negotiation.

13.2 Mediation

If negotiation fails, disputes shall be referred to mediation in Lagos, Nigeria.

13.3 Arbitration

If mediation fails, disputes shall be resolved by binding arbitration under Nigerian law.

14. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria.

15. Changes to Terms

We reserve the right to modify these Terms at any time. Continued use of our services constitutes acceptance of modified Terms.

16. Contact Information

For questions about these Terms, contact us:

  • Address: 12B Sulaimon Adekanbi Close, Igbo Efon, Lekki, Lagos, Nigeria
  • Phone: +234 803 577 7052
  • Email: legal@falkonegsltd.com

Acceptance of Terms

By using our website and services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.

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