Terms of use


Welcome to Cribstock, hereinafter referred to as the platform. This is a peer to peer commercial real estate and digital asset trading platform owned and operated by Cribstock Nigeria Ltd RC1596666 to be henceforth referred to as; “we”, “us”, or “our”. Please visit the glossary section to further understand the meaning of some new terminology used on the platform and in some cases used to communicate some terms of use below.

Acceptance of terms of use

Please read the following terms and conditions as these terms of use are legally binding on you, (whether as a guest, member, associate member or registered user) and Cribstock in your access and use of the Platform as well as the content, services, and functionality made available on or through the Platform collectively referred to as “The services”. We therefore kindly request that you carefully read through these terms and conditions of use also referred to as; terms of use or user agreement before using this Platform and click on the agree icon if you consent and agree to be bound by these Terms of use.

The company reserves the right at its absolute discretion to change, modify, add or remove portions of these Terms of use at any time by posting the amended Terms. Please check these terms periodically for changes. Your continued use of the site or services after the posting of changes constitutes your acceptance of such changes.

In addition, when using any particular services, you may be subject to any posted guidelines, rules, product requirements or sometimes additional terms applicable to such services.

Further, the company reserves the right to suspend/cancel, or discontinue any or all channels, products or services at any time without any notice, make modifications and alterations in any or all of the content, products and services contained on the site without prior notice.

Your access or use of the site shall mean that you have read understood and agreed to be bound by the terms.

If you do not agree to the Terms, you are not authorized to use the site or services.


To register for the services, you may be required to open an account by completing the registration process (i.e. by providing us with the current, complete and accurate information as prompted by the applicable registration form).

You will also choose a password and a username. You are entirely responsible for maintaining the confidentiality of your password and account

Access to use

To access the services, you will be asked to enter your individual username and password, as chosen by you during your registration. Therefore the company does not permit any of the following

  1. Any sharing your account Username and/or password
  2. Any part of the site being cached in proxy servers and accessed by individuals who have not registered with the company as a user of the site; or
  3. Access through a single account and password being made available to multiple users on a network.

Services Information


By registering to use the cribstock Platform you are hereby categorized or known or referred to as a trader, who’s core activity is to buy or own or sell assets on the Platform.

Cribstock will not share or sell your personal data to other organizations for commercial purposes, except to provide products or services you’ve requested, when we have your permission, or under the following circumstances:

  1. It is necessary to share information in order to investigate, prevent, or take action regarding illegal activities, suspected fraud, situations involving potential threats to the physical safety of any person, violations of Terms of Service, or as otherwise required by law.
  2. We transfer information about you if Cribstock is acquired by or merged with another company. In this event, Cribstock will notify you before information about you is transferred and becomes subject to a different privacy policy.
  3. We provide such information to trusted businesses or persons for the sole purpose of processing personally identifying information on our behalf. When this is done, it is subject to agreements that oblige those parties to process such information only on our instructions and in compliance with this Privacy Policy and appropriate confidentiality and security measures.
  4. We provide such information to third parties who have entered into non-disclosure agreements with us.
  5. We provide such information to a company controlled by, or under common control with, 3. Cribstock for any purpose permitted by this Privacy Policy.
  6. We may aggregate, anonymize, and publish data for statistical and research purposes only. For example, we may compile and share information related to the popularity of certain products tracked by users. In any such instance, the information will not be able to be traced back to any individual.
  7. We may aggregate, anonymize, and publish data for statistical and research purposes only. For example, we may compile and share information related to the popularity of certain products tracked by users. In any such instance, the information will not be able to be traced back to any individual


By successfully placing a sell order, you have agreed to transfer total ownership of the asset for a price to a new user who is also categorized here as the Buyer.

By successfully placing a buy order, you have agreed to receive a stock or stocks or assets of an entire real estate in exchange for a price consideration.

As a Trader, you hold every right to sell stocks higher or lower than the current general market trading price.

Stocks of Real estate shall be traded only on peer to peer basis on the Cribstock Platform.

Stocks of properties on this Platform are non fungible. They cannot be sent to fellow traders outside the Cribstock Platform but can only be traded in exchange for a price as peer to peer

Ownership & Rights

Traders who own stocks of properties listed on cribstock.com have ownership rights which are limited to buying and selling those stocks on this platform.

Traders who are owners of a piece of stocks of the entire price of property known as property stock on cribstock.com have limitations in physical access to the property.

Traders cannot enforce any property right on the actual property which they own stocks of, with the exception of situations where one individual own all stocks in a certain property.

No trader can exercise full property ownership right or superiority on properties where stocks are owned by more than one individual.

A trader with less than 100% ownership of the entire stocks of a property does not have a right to take the property off the Cribstock trading platform.

Every trader reserves the basic right to verify the property they own or plan to own stock in and are obliged to sell or buy the stocks within the Cribstock Platform at their own discretion.

By owning stocks of properties on the platform you have agreed to allow us manage and maintain the property on your behalf for a fee to be paid to the management entity from the property’s rental income.

Although this option is not yet available, total revamp or renovation of property on the platform will take effect after a 80% approval voting from owners of stocks of a particular property;

Traders who are stock holders or owners are required to offset all debt incurred during the course of property renovation either when the new appraised stocks are sold or before sales. Debt can also be deducted from the new dividends over a period of time.

According to our property maintenance policy, there is no requirement for a vote in order to implement minor property maintenance such as painting, plumbing, sewage, electrical and other forms of repairs. However, every maintenance is reported for stock owners to view and be informed. All expenses incurred during this process are to be deducted from the rental revenue with accurate details of such costs, made available to all stock owners


Stock portfolios on this platform can be inherited by beneficiaries under a WILL or by operation of laws of inheritance.

Traders who wish to access this option are required to submit details of next of kin in the appropriate section provided

Age Requirement

The Cribstock service is not intended for anyone under the age of 18, and we do not knowingly collect information from people under the age of 18.

People aged below 18 should not submit any personal information without the permission of their parents or guardians. By using the Cribstock service, you are representing that you are at least 18 years old, or that you have your parents’ or guardians’ permission to use the Service.

Transactions & Earnings

As a user on the platform, you shall earn dividends (whole or a fraction of rent) from owning stocks of a property which is determined by the market rental values of such property within a specific location.

All payments shall only be settled in the account number or payment details bearing the name or details you have submitted as your KYC information. To change the account you want your payments settled in, certain documentations may be required.

Dividends shall be paid to you as a property stock owner only when the property is leased out.

You shall receive payments in fiat or other available settlement options from the sale of stocks owned by you whenever you successfully sell them as peer to peer on the Cribstock platform.


Every Stockholder/user is awarded leverage by the company. There are three (3) Leverages available to Stockholders/ users.

The first leverage hereby described as "LEVERAGE 1(one) accrues to every new investor/user with less than one million naira in their investment portfolio.

LEVERAGE 1 (One) grants the investor/user a 24 hours’ liquidation timeframe on every 14th day within which the investor is allowed to sell their stock(s) worth N150,000 (one hundred and fifty thousand naira). This 14 days’ timeframe counts from the date which they qualify to be on leverage one. Also, the investor under leverage one can only withdraw not more than N150,000 (one hundred and fifty thousand naira) per day from their Cribstock wallet to their local bank account. The second leverage hereby described as LEVERAGE 2(two) accrues to every investor with up to one million naira and above in their investment portfolio.

LEVERAGE 2 (Two) grants the investor/user two liquidation dates every 14 days or one liquidation date every 7 days. The investor/user cannot sell more than N350, 000 (three hundred and fifty thousand naira) worth of stock in a day and cannot withdraw more than N350,000 (three hundred and fifty thousand naira) from their wallet within 24 hours. This 7 days’ timeframe counts from the date which they qualify to be on leverage two The third and final leverage here described as LEVERAGE 3 (three) accrues to investors/users holding over Five million in their investment portfolio.

LEVERAGE 3 (Three) grants the investor/ user two liquidation dates every week (1st and 4 th ) day of every 7 days). The investor/ user cannot sell more than N1, 000,000 (one million naira) worth of stocks/assets in a day and cannot withdraw more than N1, 000,000 (one million naira) in a day. This liquidation dates/ timeframe counts from the date which they qualified to be on leverage three

General terms

  1. RELATIONSHIP: None of the provisions of the Terms shall be deemed to constitute a partnership or agency between you and the company in any manner whatsoever. This agreement is solely for you and the company's benefit and not for the benefit of any other person except for permitted successors and assigns under this agreement.
  2. ASSIGNMENT: You may not transfer to anyone else either temporarily or permanently any rights to use the services. Any attempt by you to do so is void. The company may assign, transfer, delegate or grant all or any part of its rights, privileges and properties hereunder to any person or entity.
  3. FORCE MAJEURE: Neither party shall have liability for interruption or delay to access the site due to force majeure event or circumstances or combination of events and circumstances which is reasonably beyond the control of the party affected thereby and which causes or results in default o delay in performance by such affected party and any of its obligations under this agreement and includes an act of God, war, epidemics, lockdowns, hostilities, civil commotions, strikes, lockout and other industrial disputes.
  4. APPLICABLE LAW: These terms are governed by the laws o the Federal Republic of Nigeria. These laws will apply no matter where in the world you live but if you live outside Nigeria, you may be entitled to the protection of the mandatory consumer protection provisions of your local consumer protection law.
  5. LIMITED TIME TO BRING A CLAIM: You and the company agree that any cause of action arising out of or related use of the site or the services must commence within one(1) year after the cause of action accrues otherwise such cause of action will be permanently barred.
  6. SURVIVAL: Rights and obligations under the Terms which by their nature should survive will remain in full effect after termination or expiration of the subscription.
  7. NON WAIVER: Any express waiver or failure to exercise promptly any right under this agreement will not create a continuing waiver or any expectation of non- enforcement.
  8. ENTIRE AGREEMENT: These Terms constitute the entire agreement between the parties with respect to the subject matter hereof and supersedes and replaces all prior or contemporaneous undertakings or agreement, written or oral regarding such subject matter.

Disclaimer of Warranty and Liability

You understand and agree that the company provides the services on "as-is’ ‘with all fault’ and 'as available ' basis, you agree that use of the site or the services is at your own risk.

The information provided on this website does not constitute investment advice, financial advice, trading advice or any sort of advice and you should not treat any of the website's content as such.

Do conduct your own due diligence and consult your financial advisor before making any investment decision.

Do not disclose your password or recovery email or any unique information that may aid anyone the access to your cribstock account.

Do not make payments or transactions with anyone who may claim to be a Cribstock representative or support team as you shall be liable to any losses incurred during such transactions.

Cribstock will never contact you to request for your banking password or sensitive information such as your debit card or other details.

Complaint Mechanism

Any complaint, concerns or enquiry with regards to content or services of the company should be directed to the company via [email protected] or [email protected]