Possible Redemption and Cancellation of Property Shares

Welcome to the Property Share Redemption and Cancellation Page. Here, we provide a streamlined process for existing property share holders to sell their interests. Acting as a vendor on our platform, you can list your available property shares, connect with potential buyers, and transfer all rights and entitlements to the new owners seamlessly. Below, we outline the steps and key information you need to navigate this process successfully.

Selling Your Property Shares

  1. List Your Shares:
    • Log into your Oroshiuri account and navigate to the ‘Sell Shares’ section.
    • Complete the listing form with details about your property shares, including the original purchase price, current market value, and any other pertinent information.
  2. Recreate the Product:
    • Ensure that the listing accurately reflects the shares as originally purchased, providing transparency to potential buyers.
  3. Connect with Buyers:
    • Once your listing is live, interested buyers can view and express interest in purchasing your shares.
    • Our platform facilitates communication between sellers and buyers to finalize the terms of the sale.
  4. Transfer Ownership:
    • Upon agreement, all rights and entitlements to the shares will be transferred to the buyer.
    • The platform will guide both parties through the necessary legal and financial steps to complete the transaction.

Redemption and Cancellation by Oroshiuri

At Oroshiuri, we understand that market conditions can change. Therefore, at the company’s discretion, the board may meet and decide to buy back property shares. Here’s what you need to know about this process:
  1. Shareholder Authority:
    • The shareholder has the ultimate say in any sale or redemption price if it is less than the amount paid for the shares. The company will only act on redemption and cancellation at the request in writing of the shareholder.
  2. Board Discretion:
    • The decision to redeem and cancel property shares lies solely with the board of directors, who will convene as necessary to evaluate market conditions and shareholder interests.
  3. Market Value Evaluation:
    • If the board decides to proceed with a buyback, the property shares will be purchased at their current market value, ensuring a fair transaction based on prevailing market conditions.
  4. Communication:
    • Shareholders will be notified of the board’s decision and the terms of the buyback, including the proposed market value price.
    • A formal offer will be made to eligible shareholders, outlining the steps for redemption and cancellation.
  5. Execution:
    • Once shareholders accept the buyback offer, the transaction will be executed promptly, with funds disbursed according to the agreed terms.
    • The redeemed shares will be cancelled, and the rights and entitlements associated with them will cease.

By participating in our platform, you agree to these terms and understand that the company reserves the right to redeem and cancel property shares at its discretion. This flexibility ensures that both the interests of the shareholders and the stability of the market are maintained

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Terms and Conditions

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Membership Terms and Conditions

These Membership Terms and Conditions (“Terms”) outline the agreement between you (“Member”) and Oroshiuri Systems Pty Ltd (“Oroshiuri Systems”) regarding your membership in our multi-sided platform. By signing up and becoming a Member, you acknowledge and agree to the following:

1. Multi-Sided Platform: Oroshiuri Systems operates a multi-sided platform that offers various subscriber products. As a Member, you may have access to these products via our platform.

2. No Financial Advice: Oroshiuri Systems does not provide any form of financial advice. Our platform serves as a space for individual learning about subscriber products, enabling Members to make informed decisions independently.

3. Licensing Compliance: All subscribers featured on our platform are fully licensed under Australian corporations law. Any real estate offerings provided through our platform are covered by appropriate licensing under the Land Sales Act.

4. Confidentiality: Any communications that occur within the membership area are considered confidential. Members are expected to respect the privacy of other members and the information shared within the platform.

5. Intellectual Property: All intellectual property within the membership area, including but not limited to content, resources, and materials, remains the sole property of Oroshiuri Systems Pty Ltd. Members are granted access for personal use and learning purposes only.

By becoming a Member of Oroshiuri Systems, you agree to abide by these Terms. Failure to comply with these Terms may result in the termination of your membership.

Please note that these Terms are subject to change, and any updates will be communicated to Members accordingly.