Terms of Service

Last updated 22 August 2026

These Terms are a binding agreement between you and USDC Homes. By opening this site, connecting a wallet, signing a message, or interacting with any contract we publish, you accept them in full. If you do not accept them, do not use the Service.

1. Definitions

“Service” means this website, its APIs, and any interface we publish. “Protocol” means the smart contracts we publish, including HomeToken and any factory, together with the off-chain records that describe them. “Tokens” means the zero-decimal ERC-20 tokens issued under the Protocol, each representing membership in a single-purpose limited liability company. “We”, “us” and “USDC Homes” mean the operator of the Service and its officers, directors, employees, contractors, agents, affiliates, licensors and suppliers. “You” means the person or entity using the Service.

2. Eligibility

You represent and warrant, each time you use the Service, that:

• you are at least 18 and have full legal capacity to enter into these Terms;
• you are not located in, resident in, or a national of any jurisdiction subject to comprehensive sanctions, and you are not listed on any sanctions or restricted-party list maintained by any government;
• your use of the Service does not violate any law, rule or regulation that applies to you, including securities, commodities, tax, anti-money-laundering and counter-terrorism-financing law;
• you are not using the Service on behalf of anyone who would fail the tests above, and you are not using it to evade any restriction that applies to them;
• no funds you use are derived from unlawful activity, and you are the beneficial owner of every wallet you connect.

We may refuse, restrict, suspend or terminate access to the Service for anyone, at any time, for any reason or none, without notice and without liability. We may block addresses, decline to display listings, decline to relay orders, and decline to process redemption claims.

3. What the Service is, and what it is not

The Service is an informational and technical interface. It displays property records, publishes contract addresses, formats data for signature, and stores signatures that you choose to give. That is the whole of what it does.

The Service is not, and we are not:

• a broker, dealer, exchange, alternative trading system or marketplace;
• an investment adviser, financial adviser, or fiduciary of any kind;
• a real estate broker, agent, salesperson, appraiser, escrow agent or title company;
• a bank, money transmitter, money services business, custodian or trust company;
• a party to any transaction between you and any other person.

We never take custody of your assets. We do not hold your private keys, we cannot move your funds, we cannot execute a transaction on your behalf, and we cannot reverse one. Every transaction is initiated and signed by you, from your wallet, and settled by a public blockchain we do not control.

Nothing on the Service is an offer, solicitation or recommendation to buy or sell any asset, security or interest, in any jurisdiction where such an offer would be unlawful. Listing prices, valuations, rent estimates and scores are drawn from third-party sources and are estimates, not appraisals or guarantees.

4. Your wallet, your keys, your responsibility

You are solely responsible for your wallet, your private keys, your seed phrase, your device and everything done through them. We cannot help you recover any of it. In particular, you accept sole responsibility for:

• Every transaction you sign. Read what your wallet shows you. A signature is final. We are not responsible for a transaction you did not intend, did not understand, or signed by mistake.
• Every address you enter. Blockchain transfers are irreversible and unforgiving. Assets sent to a wrong address, to a contract that cannot return them, or to an address on the wrong network are permanently lost. We cannot retrieve them.
• Losing access. A lost key, a lost seed phrase, a lost device, a corrupted backup, a forgotten password or a failed hardware wallet means your Tokens are gone. There is no reset, no support ticket and no recovery process.
• Your own security. Phishing sites, malicious browser extensions, clipboard hijackers, fake support staff, malware, SIM swaps and social engineering are your risk to manage. Always confirm the domain and the contract address independently.
• Approvals you grant. Token approvals, including approvals to Permit2 or any settlement contract, let another contract move your assets. You choose what to approve, for how much, and for how long. Review and revoke them yourself.
• Signatures you give elsewhere. A signed order or bid can be used by anyone who holds it, subject to its own terms. Cancelling an order in our records does not by itself invalidate a signature that has left our systems; to make a signature unusable you must invalidate the underlying nonce on-chain yourself.
• Gas, fees, slippage and failed transactions. Network fees are paid to validators, not to us, and are not refundable whether or not your transaction succeeds.
• Your taxes. Determining, reporting and paying every tax arising from your activity is yours alone. We do not provide tax reporting and do not withhold.

Losses arising from any of the above are your responsibility and not ours. You will not hold USDC Homes, the Protocol, any contributor, or any other user liable for them.

5. Risk disclosures

Using the Service can cause you to lose everything you put into it. You acknowledge each of the following risks, and accept them knowingly:

• Total loss. The value of a Token may fall to zero and stay there. You should not commit funds you cannot afford to lose entirely.
• Illiquidity. A home is one indivisible Token. There may be no buyer at any price, at any time. There is no market maker, no guaranteed bid and no redemption for cash.
• Property risk. Real estate can lose value, be damaged, be destroyed, be condemned, be subject to liens, encumbrances, defective title, boundary disputes, environmental liabilities, undisclosed defects, tenant disputes, unpaid taxes, HOA assessments, or foreclosure. Physical events do not have on-chain equivalents.
• Legal and regulatory risk. A Token may be treated by a court or regulator as a security, a collective investment scheme, or something else entirely, in your jurisdiction or ours. Laws may change, retroactively. Enforcement action, an injunction or a change in law could impair or extinguish the value or transferability of a Token, or force the Service to shut down.
• Smart-contract risk. Contracts may contain bugs, may be exploited, and may behave in ways nobody intended. Audits reduce risk; they do not remove it. Code we publish is provided as-is.
• Blockchain risk. Chain reorganisations, forks, congestion, censorship, validator failure, bridge failure, oracle failure, RPC outages and consensus attacks are outside our control and can cause irreversible loss.
• Stablecoin risk. USDC and any other stablecoin may lose its peg, may be frozen at the issuer’s discretion, may be subject to blacklisting, and may not be redeemable. We do not issue it and do not guarantee it.
• Off-chain execution risk. The link between a Token and a legal interest depends on off-chain entities, filings, custodians and counterparties. Those can fail, be delayed, be disputed, be defrauded, or refuse to act. A Token is not itself a deed.
• Counterparty risk. Sellers, buyers, fillers, relayers, registrars, title companies and LLC managers may fail to perform.
• Data risk. Listing facts come from public sources and automated extraction. They may be incomplete, out of date or simply wrong. Verify anything you intend to rely on, independently, before you transact.
• Availability risk. The Service may be unavailable, degraded, or discontinued at any time, permanently, without notice. On-chain assets remain accessible through the chain itself; everything the Service adds may disappear.

6. No advice of any kind

Nothing on the Service is legal, financial, investment, accounting, tax, valuation or real estate advice, and nothing is a recommendation to enter any transaction. No content is tailored to your circumstances. No communication with us, in any channel, creates an advisory or fiduciary relationship. Obtain your own professional advice before you transact. You alone decide whether a transaction is suitable for you, and you alone bear the outcome.

7. The Protocol

The Protocol consists of smart contracts deployed to a public blockchain. Once deployed, we cannot modify, pause, reverse or delete them, and we cannot control who interacts with them. The Protocol is used at your sole risk.

Each home Token has zero decimals and a fixed supply of one. It cannot be divided and no further units can be created. Sending the Token to the redemption address burns it permanently and raises a claim. That is irreversible. If you send the Token in error, you lose both the Token and any claim to it.

The Service may display data about contracts it did not deploy, and third parties may deploy contracts that imitate ours. Always verify the contract address independently before interacting. We are not responsible for any contract we did not deploy, nor for any interface other than this one.

8. LLC membership and redemption

Where a home is held by a single-purpose limited liability company, a redemption claim is a request for an off-chain assignment of membership interests, processed by a registrar and subject to the LLC’s operating agreement and applicable law. It is not automatic and not guaranteed. A claim may require identity verification, sanctions screening, tax documentation, execution of the operating agreement, and completion of transfer formalities, and it may be delayed, refused or reversed where the law or the operating agreement requires it.

Burning a Token does not by itself transfer legal title to real property, and nothing on the Service guarantees that any LLC has been formed, that any deed has been recorded, or that any document exists. Where a listing says a filing has not happened, it has not happened. Membership in an LLC does not give you possession, occupancy or direct ownership of the underlying property.

9. Character of the Tokens

A Token is designed and offered as a whole-asset ownership instrument, not an investment product. The structure is deliberate, and every feature below exists to keep it that way:

• One home, one token, no fractions. Each Token has zero decimals and a fixed supply of one. There are no shares, no units and no fractional interests to accumulate. A holder owns the entire home or owns nothing of it.
• No pooling and no common enterprise. Each home sits in its own single-purpose LLC. Assets are never pooled across homes, holders never share in each other’s outcomes, and the fortunes of one Token are wholly independent of every other Token and of USDC Homes.
• No managerial efforts by us. We do not operate, manage, maintain, lease, improve or market any home. We do not collect rent, we do not distribute income, and we take no fee, carry, spread or share of any outcome. There is no manager, no sponsor, no promoter and no operator whose work a holder depends on.
• No distributions. The Token carries no dividend, coupon, yield, revenue share or distribution mechanism of any kind, and no smart contract exists to make one. Any income the property produces belongs to the LLC and is dealt with by whoever manages that LLC, which after redemption is the holder.
• No promise of profit. We make no representation, projection, forecast or suggestion that a Token will appreciate, produce income, or be resaleable at any price. Prices shown are the asking price for a specific home and the estimates that public listing sources publish about it, nothing more.
• Consumption, not speculation. A Token is a means of acquiring and holding a specific house, in the same way a deed is. Its utility is ownership and occupancy of that house, redeemable at any time by the holder alone.
• Redemption is unilateral. A holder converts the Token into direct LLC membership whenever they choose, without our consent, our cooperation in the decision, or a vote of anyone else.

None of this is a legal conclusion, and we do not represent that a Token is not a security in your jurisdiction. That question is decided by courts and regulators on the facts, differs between jurisdictions, and can change. Section 5 says plainly that a Token may be treated as a security or as a collective investment scheme where you are. You are responsible for determining how a Token is characterised under the law that applies to you, and for complying with it.

10. Your management responsibility

This is the heart of the arrangement, and you should not acquire a Token unless you accept it. You are the manager of what you buy.

By acquiring or holding a Token, you represent, warrant and agree that:

• you are acquiring it for your own ownership and use of the specific home, and not for a passive return generated by the efforts of USDC Homes or of anyone else;
• you are not relying on any managerial or entrepreneurial effort by us, and you understand that we perform none, expect to perform none, and are under no obligation to perform any;
• on redemption you take full and sole management responsibility for the LLC and for every asset inside it, and that responsibility is not shared with us in any degree;
• you have conducted, or knowingly declined to conduct, your own diligence on the home, the entity, the title, the condition of the property and the law that applies to you;
• you are financially able to bear the entire loss of what you commit, and you are not depending on this to produce income;
• you will comply with every law that applies to your acquisition, holding, use and disposal of the Token and of the property behind it.

What you take on when you redeem

Redemption is not the end of an investment. It is the moment you become the person responsible for a house. From the assignment of membership, you alone are responsible for all of the following, and USDC Homes is responsible for none of it:

• The entity. Maintaining the LLC in good standing: annual reports, franchise taxes, registered agent, filings and records.
• The property. Possession, maintenance, repair, capital expenditure, renovation, security and everything that goes wrong with a building.
• Money owed on it. Property taxes, assessments, HOA and condominium dues, utilities, insurance premiums, liens and any mortgage or encumbrance.
• Insurance. Obtaining and maintaining adequate cover. There is none provided by us, and an uninsured loss is entirely yours.
• Tenants and occupancy. Leasing, tenant relations, evictions, habitability, deposits and every landlord obligation the law imposes.
• Compliance. Zoning, building codes, permits, licensing, environmental obligations, short-term-let rules and anything else a local authority requires.
• Liability. Injury on the property, disputes with neighbours, contractors and counterparties, and any litigation touching the home.
• Tax. Reporting and paying every tax arising from the entity, the property, its income and its eventual sale, in every jurisdiction that claims it.

If you are not prepared to manage a house and the company that owns it, do not acquire a Token. There is no arrangement under which we do it for you, and no fee you can pay us to.

11. Listing content and submissions

Listing data is aggregated from public sources and from people who submit homes. We do not verify it and make no representation about its accuracy, completeness or currency. If you submit a home, you represent that you have the right to do so and to grant us a worldwide, royalty-free, sublicensable licence to host, display, reproduce and adapt what you submit for the purpose of operating the Service. You are solely responsible for what you submit, and you will indemnify us for it.

12. Prohibited conduct

You will not, and will not help anyone else to:

• use the Service for money laundering, terrorist financing, sanctions evasion, fraud, tax evasion or any other unlawful purpose;
• manipulate a market, wash trade, spoof, front-run, or place orders you do not intend to honour;
• misrepresent your identity, jurisdiction, eligibility or the ownership of a home;
• scrape, crawl, overload, disrupt or reverse-engineer the Service beyond the public API and its documented terms;
• probe, exploit or attack the Service, the Protocol, or any user, or attempt to gain unauthorised access to any system or wallet;
• use the Service in a jurisdiction where doing so would be unlawful, or to help anyone circumvent a restriction that applies to them;
• infringe any intellectual property or privacy right, or upload malicious code.

13. Intellectual property

The Service, its design, its content and its trademarks belong to us or our licensors. We grant you a limited, revocable, non-exclusive, non-transferable licence to use the Service for its intended purpose. Open-source components are governed by their own licences. Owning a Token grants no licence to any of our intellectual property.

14. Third parties

The Service depends on and links to third parties, including wallet providers, RPC providers, stablecoin issuers, settlement systems, listing sites, analytics providers and registrars. We do not control them and are not responsible for their acts, omissions, outages, fees, terms or failures. Your dealings with them are between you and them.

15. Disclaimer of warranties

THE SERVICE AND THE PROTOCOL ARE PROVIDED “AS IS” AND “AS AVAILABLE”, WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. To the fullest extent permitted by law, we disclaim all warranties, express, implied, statutory or otherwise, including merchantability, fitness for a particular purpose, title, quiet enjoyment, accuracy and non-infringement. We do not warrant that the Service will be uninterrupted, timely, secure, error-free, free of harmful components, or that any defect will be corrected; that any data displayed is accurate or complete; that any transaction will settle, at any price or at all; or that any Token has, or will retain, any value.

16. Limitation of liability

TO THE FULLEST EXTENT PERMITTED BY LAW, USDC HOMES WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, GOODWILL, DATA, TOKENS, CRYPTOASSETS OR OPPORTUNITY, ARISING OUT OF OR RELATING TO THE SERVICE, THE PROTOCOL OR THESE TERMS, ON ANY THEORY OF LIABILITY, EVEN IF ADVISED OF THE POSSIBILITY.

OUR TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE SERVICE OR THE PROTOCOL WILL NOT EXCEED THE GREATER OF (A) THE FEES YOU PAID US IN THE THREE MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM, AND (B) ONE HUNDRED US DOLLARS (US$100).

We are not liable, on any theory, for: any transaction you signed; any asset sent to a wrong or unintended address; any lost, stolen or compromised key, seed phrase or device; any approval you granted; any phishing, malware or social-engineering attack; any act or omission of any third party, including wallets, RPC providers, stablecoin issuers, fillers, relayers, registrars, title companies or counterparties; any blockchain malfunction, fork, reorganisation, congestion, censorship or exploit; any smart-contract bug or exploit; any inaccuracy in listing data; any regulatory action; any unavailability of the Service; or any decline in the value of anything.

Some jurisdictions do not allow certain exclusions, so parts of this section may not apply to you. In that case our liability is limited to the maximum extent permitted by law.

17. Indemnity

You will indemnify, defend and hold harmless USDC Homes from and against every claim, demand, action, loss, liability, damage, cost and expense, including reasonable legal fees, arising out of or relating to: your use of the Service or the Protocol; your breach of these Terms or of any law; anything you submit; your taxes; your violation of any right of a third party; and any transaction you enter into with anyone.

18. Assumption of risk and release

You use the Service and the Protocol entirely at your own risk, and you assume full responsibility for every consequence of your own actions. You release USDC Homes from every claim, demand and damage of every kind, known and unknown, arising out of or connected with any dispute between you and any other user or third party, and from any loss described in sections 4 and 5. Where you reside in a jurisdiction with a statute limiting releases of unknown claims, including California Civil Code section 1542, you expressly waive the benefit of it.

19. Disputes, arbitration and class waiver

Before starting a formal proceeding, you agree to contact us and attempt to resolve the dispute informally for at least 60 days.

Any dispute that is not resolved informally will be settled by final and binding individual arbitration, not in court and not before a jury. Arbitration will be administered under the rules of an established arbitral institution, conducted in English, by a single arbitrator, seated in the jurisdiction in which we are organised. The arbitrator decides all questions, including arbitrability.

You and we each waive any right to a jury trial and any right to bring or participate in a class, collective, consolidated or representative action. If this waiver is held unenforceable as to a particular claim, that claim proceeds in court and the rest remain in arbitration. Either party may bring an individual claim in small-claims court, and either party may seek injunctive relief in court to protect intellectual property or prevent unauthorised access.

Any claim must be brought within one year of the events giving rise to it, or it is permanently barred.

20. Changes, suspension and termination

We may change these Terms at any time by posting a revised version with a new date. Continuing to use the Service after that constitutes acceptance. We may change, suspend or discontinue any part of the Service at any time, without notice and without liability. We may terminate your access immediately for any reason. Sections 4, 5, 6, 9, 10, 11, 13, 15, 16, 17, 18, 19 and 21 survive termination.

21. General

These Terms, together with the Privacy Policy, are the entire agreement between us and supersede everything before them. If any provision is held unenforceable, it is severed and the rest remain in force. Our failure to enforce a provision is not a waiver of it. You may not assign these Terms; we may. These Terms are governed by the law of the jurisdiction in which we are organised, without regard to conflict-of-laws rules. Nothing here creates a partnership, joint venture, agency or employment relationship. Headings are for convenience only. If you have a question about these Terms, contact us before you use the Service.