General Terms and Conditions (GTC)

1. Scope of Application

These General Terms and Conditions (GTC) govern the cooperation between AZ Invest (hereinafter referred to as "Broker") and the customer (hereinafter referred to as "Client") in the acquisition of real estate projects in the Dominican Republic. The Broker acts solely as an independent advisor and intermediary between the Client and the respective developer or property owner.

2. Brokerage Services

The services provided by the Broker include in particular:

• Access to verified real estate projects and attractive locations
• Personal support throughout the entire purchase process
• Communication with the developer or seller
• Organization and accompaniment of property viewings
• Support with reservations and decision-making
• Consultation in German, Czech, Spanish or English

These services are free of charge for the Client. The Broker may receive a commission from the project provider, which does not increase the purchase price.

3. Optional Additional Services (for a fee)

Upon request, further paid services can be arranged or organized:

• Legal review of the property and all relevant documents
• Preparation of purchase agreements, notarial services, and land registry entry
• Processing of the statutory purchase tax (3%)
• Opening of a local bank account
• Registration and setup of electricity, water, internet, etc.
• Support during handover and technical inspection of the property
• Assistance with furnishing, renovation, or rental management

These services are charged separately depending on scope and will be transparently offered in advance.

4. Liability

AZ Invest assumes no responsibility or liability for:

• the legal or structural condition of the property
• the contractual performance by the developer or seller
• price changes, availabilities, or project delays
• statements or guarantees made by third parties

The Broker is liable only for intent or gross negligence within the scope of its own brokerage activities.

5. Contractual Relationship

A binding purchase agreement is concluded solely between the Client and the respective developer or property owner. AZ Invest does not become a party to the contract.

6. Language and Communication

Consultation is available in German, Czech, English, or Spanish upon request. In the event of translation discrepancies, the Spanish version of the contract shall prevail.

7. Data Protection

All client data will be treated confidentially in accordance with applicable data protection regulations and will not be shared with third parties unless required for the execution of the brokerage assignment.

8. Final Provisions

Should individual provisions of these GTC be invalid, the validity of the remaining provisions shall remain unaffected. The law of the Dominican Republic applies. Place of jurisdiction is San Pedro de Macorís.

Last updated: July 2025