KeyPath
Couple meeting with real estate advisor

KeyPath Legal &
Program FAQs

Tokens, Credits & Value

Is there a limit on tokens per property?

Yes. The landlord sets the program limit before tenants sign.

  • Landlord keeps title and control.
  • Tenants can review terms before joining.
  • Tenants receive Economic Participation Rights, not property ownership.
  • Terms are recorded in KeyPath agreements and ledger records.

How is token value determined?

Token value is tied to property value and updated by program terms.

  • Initial value may use an appraisal.
  • Updates may occur after annual valuations or major events.
  • Liquidity requests follow KYC/AML and landlord rights.

Do rent payments include fees or maintenance costs?

No. Rent-based credits do not cover operating costs.

  • Landlords still manage maintenance.
  • Tenants do not pay separate platform fees.
  • Optional token purchases follow current program terms.

Liquidity Requests

How can tenants request liquidity?

Tenants may request liquidity when eligible. Options may include:

  1. Landlord repurchase or right of first refusal.
  2. Approved buyer or partner process.
  3. Applying vested value toward a home purchase.
  4. Program-level liquidity event, if available.

Can tenants keep tokens after moving out?

Yes, unless the signed agreement requires a buyback.

  • Tenants may hold eligible tokens.
  • Transfers only happen through approved KeyPath workflows.
  • Open-market trading is not allowed.

Landlord Benefits

Why would landlords use KeyPath?

KeyPath can help landlords:

  • Improve retention and reduce turnover.
  • Create liquidity options without refinancing.
  • Track NOI, arrears, lease risk, and rewards.
  • Support tenant rewards and equity credits.
  • Keep title, control, and lender priority.

Can landlords require a liquidity event?

Only under pre-defined agreement terms, such as:

  • Property sale or portfolio sale.
  • Lease termination or eviction.
  • Refinance or approved program event. Tenant protections may include valuation rules, notice, and landlord right of first refusal.

Risk & Protections

What happens if property values fall?

Token value may go down. Tenants do not take on property debt.

  • Risk is limited to eligible credits or token value.
  • Landlords remain responsible for mortgage, taxes, and insurance.
  • Dashboards can show payment and risk alerts.

User Journey & Dashboard Experience

How does KeyPath work from start to finish?

Landlords onboard, set program terms, and launch dashboards. Tenants sign agreements, earn rewards and equity credits, and track status. Dashboards:

  • Track credits, rewards, and property updates.
  • Support liquidity requests and approval workflows.
  • Send alerts for key lease, payment, and compliance events.

What’s inside the Landlord Dashboard?

Landlord control center for program operations:

  • Value tracking: NOI, rent, arrears, and token activity.
  • Program tools: rewards, credits, buyback workflows.
  • Tenant insights: lease status and renewal risk.
  • Compliance: KYC/AML, documents, and reporting.

Legal & Compliance

Can vested token value support a home purchase?

Possibly. Vested token value may support a future home purchase when program terms and lender requirements allow. It is not a mortgage approval or guaranteed down payment.

Do token holders receive property title?

No. Token holders receive Economic Participation Rights, not deed or title ownership. The landlord or property entity keeps title, control, and lender obligations.

How are securities rules handled?

KeyPath structures programs and investor offerings around applicable rules, exemptions, disclosures, KYC/AML, and transfer limits. Legal review may vary by use case and state.

Can tokens be freely transferred?

No. Transfers are controlled. Tokens may only move through approved KeyPath or partner workflows, subject to agreement terms, KYC/AML, resale limits, and landlord rights.

What rights do token holders receive?

Token holders receive Economic Participation Rights, such as token value tracking and eligible liquidity options. They do not receive voting rights, rental income, deed ownership, or property control.

How does KeyPath handle KYC and AML compliance?

KeyPath may require identity checks, KYC/AML screening, and transfer approvals before tokens can be issued or transferred. Requirements depend on the program and offering terms.

Does KeyPath change title or lender rights?

No. KeyPath is designed so tokens do not transfer deed ownership. Landlord title, lender priority, and lease rights remain protected under the program structure.

How does KeyPath protect landlords and lenders?

Programs may use a property LLC, Series LLC, or trust for legal clarity. Agreements define eligibility, token terms, transfer rules, buyback rights, and landlord control.

What tax reporting may apply?

Possibly. Token activity, transfers, or payments may create tax reporting obligations. Users should review their tax position with a qualified tax advisor.

How does KeyPath handle state compliance?

KeyPath reviews each program against state real estate, consumer, tax, and securities rules. Terms may be adjusted by state, property type, and user role.