Owner Payment Terms

Version 2026-10-v1 · Leg RealX Ltd (RC 8825054), Abuja, Nigeria

These terms apply to every real estate company and individual landlord ("Owner") that lists property on Leg RealX and receives payments from tenants or buyers ("Payers") through the Leg RealX website. They form part of your account agreement with Leg RealX Ltd ("Leg RealX"). You accept them by ticking the box at registration or when adding a payout bank account, and we keep a record of the date, time, account and device used.

1. How payments work

1. Payments for your properties (rent, sale price, deposits) are processed by Paystack and settled directly to the bank account you set as your primary payout account. Leg RealX does not receive, hold or control this money.
2. Leg RealX charges no commission on property payments. Paystack's processing fee on each payment is borne by you and is deducted by Paystack before settlement.
3. Leg RealX earns only from subscriptions and listing promotions, which are billed to you separately.
4. Property payments can be made only by bank transfer, bank account or USSD. Card payments are not accepted for property payments.
5. You are responsible for keeping your payout bank account details correct. Payments settled to the account you provided are treated as paid to you.

2. Your responsibilities to Payers

1. You are the seller or landlord in every transaction. Leg RealX is not a party to your tenancy, lease or sale agreement.
2. You must give the Payer what they paid for (possession, keys, documents) as agreed, and issue any receipts or agreements your arrangement requires.
3. Any refund owed to a Payer, for any reason, is your sole responsibility and must be paid by you directly to the Payer. Leg RealX will not issue refunds of property payments from its own funds or through Paystack.

3. Disputes, refunds and chargebacks

1. If a Payer disputes a payment made to you (a "Dispute"), Paystack may charge the disputed amount, and any related fees, to the Leg RealX Paystack account even though the money was settled to you.
2. When a Dispute is opened, Leg RealX will notify you. While any Dispute on your payments is unresolved, online payments for your properties are paused.
3. You must provide evidence (agreement, receipts, proof of possession or handover, messages with the Payer) to Leg RealX support within 3 business days of being notified, or sooner if Paystack's deadline requires it.
4. If a Dispute is decided against you, or a refund or chargeback on a payment made to you is charged to Leg RealX for any reason, you must repay Leg RealX the full amount charged, plus any fees, within 7 days of our written demand.
5. If you do not repay on time, Leg RealX may: suspend your listings and account; set off the amount against any sums due to you from Leg RealX; contact your named guarantor; and recover the debt through legal means, including the costs of recovery as permitted by law.

4. Guarantor

The guarantor you named at registration has approved your account. Leg RealX may notify your guarantor of any unpaid amount under these terms.

5. Verification and suspension

1. Online payments are available only for verified Owners who have accepted the current version of these terms and linked a payout bank account.
2. Leg RealX may pause online payments or suspend listings where it reasonably suspects fraud, misrepresentation of property ownership, repeated Disputes or a breach of these terms.

6. Changes

We may update these terms. When we do, the version number above changes and you will be asked to accept the new version before you can continue receiving online payments.

7. Governing law

These terms are governed by the laws of the Federal Republic of Nigeria.

8. Contact

Questions or Disputes: contact Leg RealX support through the website.