NFTs Sale Agreement

 

BPrime Assets Ltd

 

Effective Date: March 5, 2026

 

This NFT Purchase Agreement (“Agreement”) is entered into between BPrime Assets Ltd (“Company”) and the purchaser (“Buyer”) upon the successful purchase of a Non-Fungible Token (NFT) issued by BPrime Assets Ltd through bprimeassets.com or any associated marketplace.

 

By purchasing a BPrime NFT, the Buyer agrees to the terms outlined below.

1. Purpose of the Agreement

This Agreement governs the purchase of NFTs issued by BPrime Assets Ltd which represent real-world assets including land and related collectibles.

Each NFT functions as a digital certificate linked to an identifiable physical asset.

 

2. NFT Purchase

Upon completion of payment:

The NFT will be transferred to the Buyer’s designated blockchain wallet.

The blockchain record will identify the Buyer as the NFT holder.

The Buyer becomes the beneficial claimant of the associated physical asset subject to completion of the legal transfer documentation.

All blockchain transactions are final and irreversible.

 

3. Claiming the Physical Asset

To finalize ownership of the land represented by the NFT, the Buyer must contact BPrime Assets Ltd to execute and collect the Deed of Assignment.

This process may be completed at the company’s office located at:

Adebola House
38 Opebi Road
Ikeja, Lagos
Nigeria

If the Buyer cannot attend in person, a trusted representative may act on their behalf with proper authorization.

 

4. Completion of Ownership Transfer

Ownership of the land becomes legally finalized once:

The Buyer signs the Deed of Assignment, and

The Buyer collects the counter-signed Deed of Assignment from BPrime Assets Ltd.

 

At this stage:

The transaction is considered final.

Full ownership rights transfer to the Buyer.

BPrime Assets Ltd retains no ownership rights to the land except where access is granted through written authorization by the new owner.

 

5. Physical Artwork (If Applicable)

Some NFTs may be accompanied by a physical artwork representation.

 

Where applicable:

The artwork is permanently linked to the NFT.

The artwork cannot be sold independently.

If the NFT is transferred or resold, the artwork must be transferred to the new NFT holder.

 

6. Buyer Responsibilities

The Buyer is responsible for:

  • registering the survey
  • processing land registry documentation
  • paying applicable government fees
  • complying with applicable property laws.

 

7. Representations and Warranties

The Buyer represents that:

  • they are at least 18 years old
  • they have the legal capacity to enter into this agreement
  • they comply with all applicable laws and regulations.

 

8. Limitation of Liability
BPrime Assets Ltd shall not be responsible for:

  • loss of access to the Buyer’s digital wallet
  • blockchain network failures
  • government processing delays related to land registration.

 

9. Governing Law

This Agreement shall be governed by the laws of the Federal Republic of Nigeria.

Any disputes shall be resolved in the courts of Lagos State.

Risk Disclosure for Digital Assets

BPrime Assets Ltd

Purchasing NFTs and digital assets involves certain risks. By purchasing NFTs from BPrime Assets Ltd, buyers acknowledge and accept the following risks.

1. Blockchain Technology Risks
NFTs operate on blockchain networks which may experience:

  • Network congestion
  • technical failures
  • security vulnerabilities
  • transaction delays.

BPrime Assets Ltd does not control blockchain infrastructure.

2. Irreversible Transactions
Blockchain transactions are permanent and irreversible.

Once a purchase is completed, the transaction cannot be reversed or refunded.

Buyers should carefully review all purchase details before confirming payment.

 

3. Digital Wallet Risks

Ownership of NFTs is tied to the buyer’s digital wallet.

Loss of:

  • private keys
  • wallet access
  • login credentials

may result in permanent loss of access to the NFT.

BPrime Assets Ltd does not manage or recover digital wallets.

4. Market Risks
The value of NFTs may fluctuate due to:

  • market demand
  • economic factors
  • technological developments
  • regulatory changes.
  • BPrime NFTs should not be considered guaranteed financial investments.

 

5. Regulatory Risks

Laws governing:

  • blockchain technology
  • digital assets
  • cryptocurrency
  • real estate transactions
  • may change over time and could affect the use or transfer of NFTs.

 

6. Real Estate Processing Risks

While the Real Estate NFT represents a claim to a physical asset, completion of ownership may require:

  • documentation processing
  • survey registration
  • government approvals.

These processes may involve timelines outside the control of BPrime Assets Ltd.

 

7. Independent Advice

Buyers are encouraged to seek independent legal, financial, or technical advice before purchasing NFTs or digital assets.

KYC / AML Compliance Policy

BPrime Assets Ltd is committed to maintaining a secure, transparent, and compliant marketplace for digital asset transactions.

This policy outlines our procedures for Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance.

 

1. Purpose

The purpose of this policy is to:

  • prevent fraud
  • prevent money laundering
  • prevent terrorist financing
  • ensure compliance with applicable regulations.

 

2. Customer Identification

BPrime Assets Ltd may require identity verification before allowing certain transactions.

 

This may include:

  • government-issued identification
  • proof of address
  • contact information
  • identity verification documentation.

 

3. Transaction Monitoring

BPrime Assets Ltd reserves the right to monitor transactions conducted through its platform to identify:

  • suspicious activity
  • fraudulent behavior
  • attempts to bypass compliance procedures.

 

4. Suspicious Activity Reporting

If suspicious activity is detected, BPrime Assets Ltd may:

  • delay or suspend transactions
  • request additional verification
  • report activity to relevant authorities where required by law.

 

5. Refusal of Service

BPrime Assets Ltd reserves the right to:

  • refuse service
  • cancel transactions
  • suspend accounts
  • if compliance requirements are not satisfied.

 

6. Data Protection

All personal information collected for KYC purposes will be handled in accordance with applicable data protection and privacy laws.

 

Information will only be used for identity verification and regulatory compliance.

 

7. Compliance Updates

This policy may be updated periodically to ensure compliance with evolving regulations and industry standards

Property Verification Policy

BPrime Assets Ltd

Effective Date: March 5, 2026

At BPrime Assets Ltd, we are committed to ensuring that every NFT issued through our platform represents a legitimate, identifiable, and verifiable real-world asset. This Property Verification Policy outlines the procedures used to verify the authenticity and ownership of physical assets represented by BPrime NFTs.

1. Purpose

The purpose of this policy is to ensure that all real-world assets represented by BPrime NFTs:

  • are legally identifiable

  • are properly documented

  • can be verified through relevant property records

  • are accurately represented on the BPrime platform.

This process helps protect buyers and maintain trust within the BPrime ecosystem.

2. Asset Due Diligence

Before a property is represented as an NFT on bprimeassets.com, BPrime Assets Ltd conducts internal verification procedures which may include:

  • verification of ownership rights

  • review of title documents

  • confirmation of survey plans

  • confirmation of property location and boundaries

  • verification of property documentation with relevant authorities where applicable.

3. Documentation Review

Properties associated with BPrime NFTs may be reviewed using documents such as:

  • Survey plans

  • Title documents

  • Deeds of Assignment

  • Allocation documents

  • Layout approvals

  • Other supporting legal documentation.

These documents help establish the authenticity and traceability of the property.

4. Asset Identification

Each land NFT listed by BPrime Assets Ltd is linked to:

  • a specific property location

  • a unique asset identification

  • supporting documentation identifying the property.

This ensures that each NFT corresponds to a specific real-world asset.

5. Transparency of Asset Information

BPrime Assets Ltd provides buyers with access to relevant asset information including:

  • property description

  • plot size

  • general location details

  • documentation references where appropriate.

This information is intended to help buyers understand the property associated with the NFT.

6. Independent Verification

Buyers are encouraged to conduct independent verification of the property if desired.

This may include:

  • engaging legal professionals

  • conducting survey confirmation

  • verifying property records through relevant land authorities.

7. Limitation of Verification

While BPrime Assets Ltd undertakes reasonable verification procedures, the company does not guarantee:

  • future government approvals

  • regulatory changes

  • changes to land policies.

Property ownership remains subject to applicable laws and registration processes.

8. Commitment to Integrity

BPrime Assets Ltd is committed to maintaining high standards of transparency and integrity when representing real-world assets through NFTs.

Any concerns regarding property verification may be directed to the company through the contact details provided on bprimeassets.com.

NFT Resale & Royalty Policy

BPrime Assets Ltd

Effective Date: March 5, 2026

This NFT Resale and Royalty Policy outlines how NFTs issued by BPrime Assets Ltd may be resold and the royalty structure applicable to secondary sales.

1. Purpose

This policy ensures that the BPrime ecosystem remains sustainable by allowing the company to receive a royalty from secondary NFT sales.

Royalties help support:

  • continued platform development

  • asset verification processes

  • ecosystem maintenance.

2. NFT Resale Rights

Owners of BPrime NFTs have the right to:

  • hold their NFT indefinitely

  • transfer the NFT to another wallet

  • resell the NFT through supported NFT marketplaces.

Resales must comply with all applicable laws and the terms established by BPrime Assets Ltd.

3. Mandatory Transfer of Associated Assets

If an NFT is accompanied by a physical artwork, the artwork must be transferred to the new NFT holder upon resale.

The artwork cannot be sold independently of the NFT.

4. Royalty on Secondary Sales

A royalty fee may apply to all secondary sales of BPrime NFTs.

The royalty percentage will be specified within the NFT’s smart contract or platform listing.

The royalty fee will automatically be allocated to BPrime Assets Ltd when supported by the marketplace infrastructure.

5. Seller Responsibilities

The seller of a BPrime NFT is responsible for:

  • ensuring the NFT transfer is legitimate

  • ensuring that any associated physical artwork is delivered to the new buyer

  • complying with all applicable laws regarding property transfers.

6. Physical Land Ownership

Resale of the NFT alone does not automatically transfer legal ownership of the physical land unless the appropriate legal documentation (such as the Deed of Assignment) is executed.

New NFT buyers must contact BPrime Assets Ltd to complete the legal documentation required to finalize ownership of the underlying property.

7. Marketplace Limitations

Not all NFT marketplaces enforce royalty payments.

BPrime Assets Ltd cannot guarantee royalty enforcement on platforms that do not support royalty mechanisms.

However, the royalty structure remains part of the intended economic design of the BPrime NFT ecosystem.

8. Policy Updates

BPrime Assets Ltd reserves the right to update this policy to adapt to:

  • evolving NFT standards

  • blockchain infrastructure

  • regulatory changes.

Contact

For inquiries regarding NFT resale, property verification, or ownership documentation:

You can reach us via:

Our team is available to answer inquiries, provide guidance, and support your investment journey.