Terms and Conditions

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The Terms and Conditions (“Terms”) govern the use of the website http://www.parvisinvest.com as well as through various mobile apps (“Platform” or “Site”) owned by Parvis Invest Inc. (“Parvis”, “we” or “us”). Please read these Terms set out herein carefully before using the Site as these Terms govern your access to and use of the Site and the Services or any aspect thereof. These Terms exempt Parvis and others from liability and/or limit our and their liability and contain other important provisions that apply to your use of this Site.

Parvis is a Canadian Corporation, registered as an exempt market dealer pursuant to National Instrument 31-103 (Registration Requirements and Exemptions) and we facilitate investments between investors and issuers on our Platform which are made available to our investors.

The Site provides information regarding potential investments and allows subscribers or users (“Investor” “you” or “user”) to evaluate, and commit to participate in, certain investment activities. These Terms are a contract between you and Parvis and its affiliated entities governing your use of services available by means of this Site (“Services”). The contents of the Site include, without limitation, all information, data, products, materials, Services, software applications and tools, design elements, text, images, photographs, illustrations, audio and video contents, artwork, graphics contained therein or otherwise made available to you in connection therewith (collectively the “Contents”) and, unless the context clearly requires otherwise, or we explicitly say so in writing, the term “Site” includes all of the Contents. By registering on our Site, you acknowledge receiving benefits by being able to access this Site and you accept the legally binding Terms set forth below, as well as the terms of our Privacy Policy. We may also ask you to indicate your consent more formally by checking a box or otherwise taking an affirmative action. By visiting this Site, you accept to comply with the Terms, which may be modified from time to time without notice by changes to this document. By using any Service, you acknowledge and accept our Privacy Policy and consent to the collection and use of your data in accordance with the Privacy Policy. This is a legally binding contract between you and Parvis. If you have any questions about its meaning you should consult with a lawyer before using the Site.

Please read this document carefully before you access or use the Site. By accessing or registering at the site, you agree to be bound by the terms and conditions set forth below. If you do not wish to be bound by these terms and conditions, please do not access or register for our site.

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Summary of Service: Parvis is an investment platform for real estate projects, funds and investors seeking to invest directly in alternative investments such as real estate with an attention on community and social impact projects with the potential for financial return. Parvis is currently only offering investments privately offered and are transactions exempt from prospectus and registration requirements (“Investment”). Parvis is currently preparing the necessary regulatory applications to be registered under applicable securities and mortgage laws where it intends to operate.

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Acceptance of Terms: Parvis may, at its sole discretion, modify or replace these Terms by posting the updated Terms on the Site. Unless otherwise indicated by Parvis, any changes will become effective on a prospective basis from the date of posting. It is your responsibility to check the Terms periodically for changes. Your continued use of the Service following the posting of any changes to the Terms constitutes acceptance of those changes. The Site will notify you by email when there have been changes to the Terms and Parvis reserves the right to change, suspend, or discontinue the Service or any of its features at any time for any reason. Parvis may also impose limits on certain features and services or restrict your access to parts or all of the Service without notice or liability. Clicking that you agree to the Terms and Conditions or continuing to use the Site has the same legal effect as signing a paper version. 

Registration: You may browse the Site without registering, but to review Investment opportunities you must register. By registering, you represent and warrant to Parvis that you will provide accurate, complete, and updated registration information, and you agree to immediately provide corrected information if any of the submitted information is no longer accurate, complete and current. You further represent and warrant that your use of the Site and the Services does not violate any applicable laws, rules or regulations.

When registering, you shall not use as a User ID any name or term that i)is the name of another person, with the intent to impersonate that person; ii) is subject to any rights of another person, without appropriate authorization; or iii) is offensive, vulgar, or obscene. Parvis reserves the right in its sole discretion to refuse registration of or cancel a User ID. You are solely responsible for activity that occurs on your account and shall be responsible for maintaining the confidentiality of your password for the Site. We will treat anyone who uses your User ID and password as "you" for all purposes, and we will hold you responsible for the activities of the person using your password. You will never allow any other person to use your account, nor will you use the account of any other User. You will immediately notify Parvis in writing of any unauthorized use of your account, or other known account related security breach. When using the Site & Services, you assume all risk when using the Site and the Services, and you acknowledge that Parvis cannot guarantee and does not promise any specific results from your use of the Site and the Services.

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Communications: You consent to receive from Parvis all communications including notices, agreements, legally required disclosures, or other information in connection with the Services electronically. Parvis may provide the electronic notices by posting them on the Site and/or emailing you that there has been an update. You agree that Parvis may send communications to you via your mailing address, email, telephone, or facsimile number provided by you in your Account. You agree to notify us of any changes in your address or contact details. Parvis may also deliver information verbally. Communications shall be deemed delivered to you when sent and not when received. Your use of electronic signatures to sign documents legally binds you in the same manner as if you had manually signed such documents. The use of electronic versions of documents fully satisfies any requirement that such documents be provided to you in writing. If you sign electronically, you represent that you have the ability to access and retain a record of such documents. You agree that you are responsible for understanding these documents and agree to conduct business by electronic means.

You are obligated to review the Parvis Services periodically for changes and modifications and agree not to contest the admissibility or enforceability of the Site's electronically stored copy of these Terms in any proceeding arising out of these Terms. Although you consent to electronic delivery, you may elect to deliver communications by other means and such delivery shall not affect your consent. You may revoke consent to electronic delivery of communications and receive a paper version at your election. Parvis shall have a reasonable period to effect such a change and Parvis may charge you a reasonable fee for sending such paper copies. If you elect to use electronic delivery, you agree and represent that you have a suitable computer with Internet access, an email address, and the availability to download, save and/or print communications to retain a record of such communications. You agree that you are solely responsible for maintaining such equipment and services required for online access.

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Investment Offerings: Parvis makes certain speculative Investment offerings available on this Site, and these Investments are only suitable for sophisticated users who are familiar with and willing to accept the high risk associated with these types of Investments. In order to invest through this Site, users must have high risk tolerance, low liquidity concerns and be comfortable with making long-term commitments. Users of this Site must be able to afford to lose their entire investment. Offerings have not been reviewed or approved in any way by a securities regulatory authority or regulator in any jurisdiction. Any information provided by Parvis is not intended to provide legal, securities, accounting or tax advice and should not be relied upon in that respect. You should not act or rely on any information on the Site without seeking the advice of a professional. This Site and any information provided in respect of an Investment is neither an offer to sell nor a solicitation of an offer to purchase any security or Investment. Parvis conducts certain vetting and due diligence on issuers who list Investments offers through the Site as required by applicable law. However, Parvis does not guarantee the performance of any Investment. The accuracy of any information in respect of an Investment is solely the responsibility of the applicable issuer, and you must proceed directly against such issuer in the event of any claim you may have about an Investment. You may receive limited ongoing information about an issuer, a potential Investment or an Investment already made. Parvis' listing of an Investment and any annotation provided by Parvis in respect of such Investment does not amount to recommendations to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security. All information you receive from Parvis in respect of an Investment is confidential (“Confidential Information”). You agree to use any Confidential Information solely for the purpose of considering and/or completing an investment through the Site, and not for any other purpose, including for any third party's benefit. You agree to keep strictly confidential and not to disclose to or disseminate any of the Confidential Information to anyone without the express written consent of the issuer of an offered Investment except that you may disclose the Confidential Information to your employees, advisors and capital providers who are required to have the information in order to evaluate or engage in discussions regarding an Investment but only after such persons have agreed in writing to confidentiality obligations at least as restrictive as the ones set forth in these Terms. You must ensure that those persons comply with the obligations imposed on you under these Terms and you agree to be liable for any such person's failure to abide by these restrictions. You agree you will not directly or indirectly communicate with or solicit any party making and Investment offer. 

Legal, Accounting or Tax Advice: Parvis does not provide legal, accounting or tax advice. Any representation or implication to the contrary is expressly disclaimed. You should consult your own legal, accounting and tax professionals.

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Third Party Agreements: Parvis uses third-party service providers for various services it provides to you as part of its Services. These services include suitability screening, electronic document signing and payment services. By investing on our Site, you agree to be bound by our Privacy Policy and Terms of Service. You hereby consent and authorize Parvis to share any information and payments instructions you provide with the Services Providers to the minimum extent required to complete your transactions and offer the Services to you.

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Payment: Any fees or expenses payable in connection with an Investment will be set out in the information and documents provided in respect of such Investment. It is your responsibility to carefully review such documents, and by participating in an Investment you agree that, if any fees or charges are payable by you, you are responsible for and agree to pay promptly, all such fees and charges, including applicable taxes.

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User Conduct: You agree not to introduce on any Service any malicious software, viruses, worms, Trojan horses, or other harmful code that are designed or intended to disrupt, damage, limit, or interfere with the proper function of any software, hardware, or telecommunications equipment or to damage or obtain unauthorized access to any system, data, password, or other information of Parvis or any third party. Further, you agree not to circumvent any security-related feature of any Service, including those designed to limit copying or reproduction of the content.

While accessing our Services, you shall not i) take any action that imposes or may impose (as determined by Parvis in its sole discretion) an unreasonable or disproportionately large burden or load on Parvis's or its third-party providers' infrastructure; ii) interfere or attempt to interfere with the proper working of any Service or any activities conducted on any Service; iii) bypass any measures Parvis may use to prevent or restrict access to any Service (or other accounts, computer systems, or networks connected to any Service); iv) run any form of auto-responder or “spam” on any Service; v) use manual or automated software, devices, or other processes to “crawl” or “spider” any page of any Service; vi) interfere with any user's right to privacy, engage in conduct that poses or creates a privacy or security risk to any user, or post private information about a third-party; or vii) make any untrue statement of a material fact or omit to state a material fact in the connection with the promotion, purchase or sale of any security.

Further, you shall not directly or indirectly: i) decipher, decompile, disassemble, reverse engineer, or otherwise attempt to derive any source code or underlying ideas or algorithms of any part of any Service, except to the limited extent applicable laws specifically prohibit such restriction; ii) modify, translate, or otherwise create derivative works of any part of any Service; or iii) copy, rent, lease, distribute, or otherwise transfer any of the rights that you receive hereunder. You shall abide by all applicable local, provincial, state, national, federal, and international laws and regulations. Certain sections of our Sites allow users to submit or upload background on a company, questions, documents, or other content for viewing by other users. This may include company profile information or questions posed by prospective investors to active companies. You are responsible for your use of the Parvis Services, for any content you provide, and for any consequences thereof, including the use of your content by other users and our third-party partners. You understand that content may be syndicated, relied on, distributed, or published by our partners and if you do not have the right to submit your content for such use, it may subject you to liability. You represent and warrant that you have all the rights, power and authority necessary to grant the rights granted herein to any content that you submit. You agree that you will not disparage Parvis, the Site, or any other users.

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User Content: You agree not to post, upload or transmit content that violates any privacy right, publicity right, patent, trademark, contract right, copyright, or other right of any party or other person.

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Third Party Sites: The Service may permit you to link to other websites or resources on the Internet, and other websites or resources may contain links to the Site. When you access third party websites, you do so at your own risk. Those other websites are not under Parvis's control, and you acknowledge that Parvis is not liable for the content, functions, accuracy, legality, appropriateness, or any other aspect of those other websites or resources. The inclusion on another website of any link to the Site does not imply endorsement by or affiliation with Parvis. You further acknowledge and agree that Parvis shall not be liable for any damage related to the use of any content, goods, or services available through any third-party website or resource.

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Use of the Platform: Parvis is not responsible for any damage (direct, indirect, special, economic, consecutive, exemplary, or punitive) incurred following use or unavailability of this Site, its content, or any action or decision taken by you or another person based on the website, its content or any other unauthorized use or reproduction of the Site or its contents. Parvis takes precautions to protect client information on our website. In certain sections, Parvis uses encryption protocol to protect data transmission. When you are in a protected zone, the lock icon of Web browsers is locked.

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Social Media: Information posted on Parvis's social media sites should not be construed as personalized advice or recommendation of any security or investment strategy by Parvis or any of its affiliates or as an offer to sell or solicitation of an offer to buy any securities. If you are a Parvis client and have questions or concerns that are specific to your account(s), please contact us directly. You should never post personal, account or transaction information anywhere on any social media site. Any opinions expressed by Parvis or its employees on its social media accounts are as of the date of publication and are subject to change. Information that Parvis posts on its social media sites is taken from sources that Parvis believes to be reliable but is not guaranteed by Parvis as to accuracy or completeness. Parvis social media sites may contain links to articles or other information that are contained on a third-party website. Parvis does not endorse or accept responsibility for the content, or the use, of the website. Parvis assumes no liability for any inaccuracies, errors or omissions in or from any data or other information provided on the pages. Parvis does not review content, advertisements, activities, or any other information posted on sites linked by third parties. Any opinions or statements posted by third parties are their own and may not be representative of the experience of others or indicative of future performance or success.

Please ensure your activities are appropriate and relevant to the members of this community and contribute positively to the content and conversation herein. Parvis may remove any comments, photos, videos, discussion posts, wall posts and any other visitor or third party posted content that contains confidential information, profanity, illegal material, spam or is otherwise deemed to be inappropriate. Parvis reserves the right to ban from this site any commenters that violate these parameters. Please avoid specific mention or discussions about investment advice, products, or specific securities. Visitors to this page must avoid posting positive reviews of their experiences with the adviser or its services as such testimonials are prohibited under applicable law and may not reflect the experience of all Parvis clients. 

The entire content of the site, including third party posts, is archived by Parvis to comply with applicable laws and regulations. Parvis maintains a presence on certain social media sites, currently LinkedIn, Instagram and Facebook, but is not affiliated with these sites and has no control over how third-party sites will use the information shared on the site. Please read and understand the privacy policies and terms of service for each social media site you participate in and understand how your information can be displayed and used throughout the site as well as other third-party sites that may be linked to by such third-party sites. The information and opinions are subject to change without notice and does not purport to be complete. If you have questions about our business, you can contact us at info@parvisinvest.com.

Investment Specific Terms

Investor Eligibility: We are legally required to verify your identity for you to use our Services and to subscribe to Property Offerings.  Therefore, you acknowledge and agree to disclose certain personal and financial information and that we may share your information with third parties to confirm your eligibility and to verify your identity information. You authorize us to collect and, in applicable instances, submit certain personal information to the securities regulators on your behalf and on behalf of Parvis. This information is being collected on behalf of and used by the applicable securities regulator.

Electronic Communication: You are providing your consent to the electronic delivery of any Platform-related documents and consent to the electronic delivery of all future documents to which you are entitled to as an Investor and as a limited partner of any investment fund promoted by Parvis.

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Restricted Activities:  We may in our sole discretion, with or without cause and with or without notice, restrict your access to the Platform. You hereby agree to immediately notify Parvis if you identify any fraudulent activity in connection with our Platform. You agree that you will not do the following in connection with any of our Services, Platform and investment offerings. 

1. misrepresent your identity, or describe, present or portray yourself as a person or entity other than yourself;
2. represent yourself to any person, as a representative, employee, or agent of Parvis or any of its affiliates or subsidiaries, or purport to speak to any person on behalf of Parvis or any of its affiliates or subsidiaries;
3. contact property issuers in ways other than as authorized by Parvis;
4. publish, share or otherwise disclose any information, business secrets, images, or otherwise from any investment offering to any other person, entity, or party except for the purposes of making an investment decision with respect to the offering investment in question;
5. publish, share or otherwise disclose your password to others;
6. post, upload, publish, display, transmit, share, store or otherwise make or attempt to make publicly available on our Platform or on any other Web site, or in any email, blog, forum or other communication of any kind, any private or Personal Information of any other investor, visitor or other third parties, whether or not such private or personal information is displayed on or ascertainable from the Platform, or obtained or obtainable from sources unrelated to our Platform;
7. post, upload, publish, display, transmit, share, store or otherwise make or attempt to make available on the Platform any material that: i) infringes on any third party’s copyright, patent, trademark, trade secret or other proprietary rights or right of publicity or privacy; ii) violates any applicable laws; iii) is defamatory or libelous; iv) is lewd, hateful, violent, pornographic or obscene; v) violates any laws regarding unfair competition, antidiscrimination or false advertising; vi) promotes violence or contains hate speech; vii) contains viruses, Trojan horses, worms, time bombs, cancelbots or other similar harmful programs; 
8. violate any laws including but not limited to, the Criminal Code, federal and provincial privacy laws and regulations; and
9. share or otherwise fail to secure your username, email, or password.

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Cancellation. If you do not have any investment agreement in the process of being executed or funds to transfer with respect to an investment offering, you may cancel your account registration at any time. When you enter into any investment agreement, you can terminate such agreement pursuant to its terms. Any investment offering you have entered into prior to the effective date of cancellation shall remain in full force and effect in accordance with their terms.

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‍Assignment: You may not assign, transfer, sublicense or otherwise delegate your rights hereunder to another person.

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‍Currency: Unless otherwise expressly indicated, all dollar amounts referred to in this Agreement will be in lawful money of Canada.‍

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Non-Canadian investors: This Site and its contents should not be considered an offer to sell or a solicitation to buy securities to any person residing in the United States of America or in any other jurisdiction in which such an offer or solicitation is unlawful, or to any other person to whom it is unlawful to make a solicitation. Investors should contact their financial advisors for further details.‍

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English Language: You agree that these Terms of Use any correspondence in connection therewith will be drawn up in English only. Vous convenez que ces Conditions d’utilisation et toute correspondance connexe seront rédigés en anglais seulement.

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Governing Law. Should any dispute arise from the use of the Platform, the Terms applicable should be governed in accordance with the laws applicable in the Province of British Columbia and the laws of Canada applicable therein regardless of the laws that might otherwise govern under applicable British Columbia principles of conflicts of law.

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