How it works
LeaseX is a marketplace for owners of residential real estate rentals to convert the cashflow from a tenant lease agreement into a Non-Fungible Token (NFT) that may be bought and sold at a discount of face value to qualified Investors.
01 - NFT Creation
Landlords create a non-fungible token (NFT), a digital representation of their property lease, & set the discounted face value.
Every lease is verified through our validation process.
LeaseX collects a 1% origination fee for creation of NFT from the Landlord.
02 - Bid on Marketplace
Investors can bid on and purchase NFTs from landlords at a discount of the face value.
If the Landlords accept the bid, a buy - sell agreement is generated, and the Investors receive monthly distributions at their locked-in rate of return from the landlord.
As these distributions are made, the NFT decreases in value until the end of the agreement.
03 - Offer & Acceptance
At the time of the agreement, landlords receive instant capital from investors at a discount of the face value of the lease.
Within 30 days of agreement, Investors begin receiving their monthly distributions.
LeaseX takes a 1% fee at the time of the transaction.
04 - KYC Verification
LeaseX ensures the security of the marketplace, the validity of properties cash flow, and the opportunity to invest in real properties owned by largest corporate landlords in the United States.
05 - Support
If you encounter any issues, contact your customer success person or account manager.