FAQ

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28 articles in this collection
Written by Max Ball

General

Learn how estimated property value is calculated

Estimated fair market value explained

Written by Max Ball
Updated over a week ago

Who is allowed to invest?

Written by Max Ball
Updated over a week ago

Can I propose my own governance vote?

Written by Max Ball
Updated over a week ago

What is an Algorand Wallet? Why do I need one?

Written by Max Ball
Updated over a week ago

What is the maximum number of tokens I can purchase in each property?

Written by Max Ball
Updated over a week ago

How are repairs handled?

Written by Max Ball
Updated over a week ago

Can I invest under an Entity like an LLC?

Written by Max Ball
Updated over a week ago

What happens if a property does not sell out?

Written by Max Ball
Updated over a week ago

Are Lofty properties purchased using debt?

Written by Max Ball
Updated over a week ago

Which blockchain is Lofty AI using to tokenize properties?

Written by Max Ball
Updated over a week ago

I purchased tokens via ACH (bank transfer) and still haven't received them, why?

Written by Max Ball
Updated over a week ago

How long after I pay will I receive tokens in my Algorand wallet?

Written by Max Ball
Updated over a week ago

Does my Ledger device work with Lofty?

How to use the Ledger Nano "X" with Lofty

Written by Max Ball
Updated over a week ago

Does the price of Algorand affect the price of Lofty Tokens?

Written by Max Ball
Updated over a week ago

How can I track the performance of my property?

Written by Max Ball
Updated over a week ago

What is the Property Manager's process and tenant selection criteria?

Written by Max Ball
Updated over a week ago

How long are properties held before they're sold?

Written by Max Ball
Updated over a week ago

Can I do a 1031 Exchange with Lofty properties?

Written by Max Ball
Updated over a week ago

Legal

Who legally has ownership of these properties?

Written by Max Ball
Updated over a week ago

How do we ensure each DAO LLC owns the deed on its property?

Written by Max Ball
Updated over a week ago

Am I liable if any lawsuits or accidents occur at the property?

Written by Max Ball
Updated over a week ago

What Happens If Lofty Goes Out Of Business?

You would not lose your investment if Lofty went out of business

Written by Max Ball
Updated over a week ago

Security

What happens if I lose access to my Algorand wallet?

Written by Max Ball
Updated over a week ago

How to set up your Lofty Two-Factor Authentication (2FA)?

Written by Max Ball
Updated over a week ago

Does Lofty have a Clawback feature?

Written by Max Ball
Updated over a week ago

Do I have to submit my ID before I can participate?

Written by Max Ball
Updated over a week ago

Why is my ID verification taking so long?

Written by Max Ball
Updated over a week ago

Why do I need to fill in personal information, and is it encrypted?

Written by Max Ball
Updated over a week ago