Effective Date: April 1, 2025

Last Updated: April 1, 2025

Welcome to the REI Workplace Hard Money Marketplace (“Marketplace”), operated by REI Workplace. By accessing or using this platform, including submitting loan requests or responding to loan opportunities, you (“User”) agree to be bound by these Terms of Service (“Terms”). Please read them carefully.

1. Platform Overview

REI Workplace provides an online marketplace connecting real estate investors (borrowers) with third-party hard money lenders. REI Workplace does not originate loans, does not fund deals, and does not act as a broker or lender. Our role is limited to facilitating introductions and streamlining communications between users of the platform.

2. Neutral Platform – No Endorsement or Guarantee

REI Workplace operates solely as a digital connector and does not endorse, vet, or guarantee any lender or borrower on the platform. You understand and agree that:

• REI does not conduct background checks or validate licenses of lenders or borrowers.

• All loan negotiations and terms are handled directly between the borrower and lender.

• REI is not a party to any loan agreement or contract.

• You are solely responsible for performing your own due diligence before entering into any agreement.

3. Compensation and Referral Disclosure

REI Workplace may receive referral compensation from certain lenders for successful introductions that result in a funded loan. Compensation structures may include:

• A flat fee;

• A percentage of the funded loan amount;

• Or other referral-based terms between REI Workplace and the lender.

Users agree that:

• REI Workplace may be financially compensated through referral fees;

• Such compensation is separate from the borrower’s loan obligations;

• These referral arrangements do not influence loan pricing or terms, unless disclosed by the lender;

• REI’s compensation is earned for providing the platform and making the introduction.

4. Borrower and Lender Waiver of Liability

By using the Marketplace, you acknowledge and agree:

• You are solely responsible for verifying the legitimacy, qualifications, and terms offered by the other party.

• REI Workplace shall not be liable for any damages, losses, fraud, misrepresentations, or failed transactions resulting from your use of the platform or interaction with other users.

• You fully release and waive any and all claims, liabilities, disputes, or damages—known or unknown—against REI Workplace, its owners, employees, officers, and affiliates.

5. No Circumvention Clause

To protect the integrity of the Marketplace and ensure fair compensation for platform services, both borrowers and lenders agree to the following:

• You will not attempt to circumvent REI Workplace by directly contacting or entering into a transaction with a borrower or lender you were introduced to through the platform, for the purpose of avoiding any obligations or fees due to REI.

• If a borrower and lender introduced through the platform consummate a loan outside of the platform with the intent to bypass referral compensation, REI Workplace reserves the right to seek legal remedy and collect any applicable referral fees, damages, and legal costs.

• This clause remains in effect for a period of 12 months following the initial introduction made through the Marketplace.

6. No Fiduciary Relationship

No agency, partnership, joint venture, or fiduciary relationship is created by your use of the Marketplace. REI Workplace is a technology and marketing platform, not a loan broker or financial advisor.

7. User Responsibilities

Users agree to:

• Submit accurate and complete information through the intake forms;

• Conduct their own legal, financial, and operational due diligence;

• Operate in good faith and in compliance with all applicable laws and regulations.

8. Limitation of Liability

To the fullest extent permitted by law, REI Workplace shall not be liable for:

• Any indirect, incidental, or consequential damages;

• Any loss of profits or business opportunity;

• Any damages resulting from a loan default, fraud, or breach by another user.

Total liability shall be limited to $100 in all cases.

9. Indemnification

You agree to defend, indemnify, and hold harmless REI Workplace and its affiliates from any claims, disputes, demands, damages, or expenses (including reasonable attorneys’ fees) arising out of:

• Your use of the Marketplace;

• Any actual or alleged breach of these Terms;

• Any transaction or dispute with another party.

10. Modifications and Termination

REI Workplace reserves the right to:

• Modify, suspend, or terminate the platform at any time;

• Update these Terms with or without notice—continued use constitutes acceptance of changes.

11. Governing Law and Dispute Resolution

These Terms are governed by the laws of the State of Texas, without regard to conflict of law principles. Any disputes arising out of or related to these Terms or the use of the Marketplace shall be resolved exclusively in the state or federal courts located in Tarrant County, Texas.

12. Contact Information

REI Workplace

1214 S Akard Street

Dallas, TX 75215 Phone: (817) 440-7032

Email: [email protected]

Website:

www.reiworkplace.com