Compliance assistance and responsibility statement

Our product positioning

Our system helps landlords, rental operators, and brokerage firms manage leases and accounting with tenants and owners. Features include revenue split, billing cycle calculation, trust account rollovers, report export, and online signing. Our vision is a smart property management tool that is cross-border, multilingual, and scalable.

What we can help with

• Provide financial reports, contract records, and trust account export
• Support rent/fee reconciliation, revenue splits, and contract cycle management
• Support tenant e-signing, payment tracking, and notifications

What we don’t cover

The following items, while related to leasing, must be handled by your staff or third-party professionals:

• Tax filings (e.g., property tax, business tax/VAT, income tax)
• Official price registration filings (including content and accuracy)
• Legal compliance review of lease agreements
• Government filings and subsidy procedures for social housing, affordable rentals, and similar programs

Why we don’t handle local regulatory processes

• United States: Laws vary by state; e.g., California emphasizes tenant protection; New York City has rent stabilization.
• South Korea: Banjiha rentals are common; jeonse and wolse coexist; lease terms and deposit conversions are regulated.
• India: Rules vary by state; some cities require registering leases on government platforms; deposits often capped at 2–3 months’ rent.
• Spain: Strong tenant protections; standard residential leases at least 5 years; no arbitrary evictions; rent increases require advance notice.
• Germany: Stable rental market; long-term tenant security; rent increases limited by time and percentage; termination has formal procedures.
• Japan: Rental culture leans short-term; landlords collect deposit (shikikin) and key money (reikin). Cleaning and move-out repairs are detailed in contracts.
• Philippines: Laws cap rent increases and prohibit arbitrary evictions.
• China: Some cities (e.g., Beijing, Shanghai) require real-name rental registration and uploads to government platforms.
• Brazil: Leases are often three years; early termination requires notice and compensation by law.
• Canada: Provinces like Ontario and BC have different standard leases and rent caps.
• Europe: Tiered rent subsidies.
• Australia: States regulate tenancy; e.g., NSW has online filings and bond trust systems.
• United Kingdom: A government-approved Deposit Protection Scheme is required.
• Taiwan: Unique systems such as social housing and differing association vs. city contract versions.
• Hong Kong: Typical 2-year terms (1-year fixed + 1-year option). Market-based rents; stamp duty required for residential leases; landlords maintain main structure and utilities.
• Saudi Arabia: Residential leases must be registered via the Ejar platform; electronic contracts have legal force; annual or semiannual payments are common; both parties must comply with Sharia principles.
• France: Minimum term 3 years (for individual landlords) Strong tenant protections; limited rent increases; at least 3 months’ notice to vacate; no arbitrary evictions.

Supporting all these rules is costly and harms standardization. We therefore focus on cross-border core contract and accounting processing, not local regulatory filings.

Common misconceptions

• ❓Will the system automatically file taxes or handle price registration?
  No. We can generate related reports, but your company must file them. Price registration rules vary by city/version and carry high maintenance and legal risk; we recommend professional tax and land administration services.
• ❓Can this system guarantee I’m 100% compliant?
  The system focuses on accounting and contract management; compliance depends on current government policies and laws and must be assessed and handled by users.
• ❓Can I shift government-related responsibilities to your company?
  No. As a system provider, we cannot assume third-party compliance liability.
• ❓Do I still need to prepare social housing filing materials manually?
  Yes. We can export contract and accounting records, but filings should be reviewed and submitted by your internal team.
• ❓Does that mean your features are lacking?
  Our strengths are contract management, e-signing, automated accounting, revenue split, automated payment notices, and team collaboration—common pain points across regions—rather than local regulatory submissions.