FREITS Privacy Policy
At First Real Estate Investment Trust of New Jersey, Inc. (FREITS), we are committed to protecting your privacy and safeguarding your personal information. This Privacy Policy explains how we collect, use, disclose, and protect your data when you visit our website, use our digital investment platform, or engage with our services.
1. Information We Collect
We may collect the following categories of information:
- Personal Information: Full Legal Name, Nationality, Country of Residence, Gender, Email Address, Phone Number, Occupation, Employment Status, Investment Experience, Investment Objectives, and Investment Horizon.
- Financial Information: Payment details, transaction history, banking or wallet data (for investment and profit distribution), and related financial records.
- Technical Information: IP address, browser type, device ID, operating system, and platform activity.
- Usage Data: Login sessions, user preferences, account actions, and time spent on our platform.
2. How We Use Your Information
We use your data to:
- Create and manage your investor account
- Process investments, transactions, and withdrawals
- Verify identity and comply with financial regulations (KYC/AML)
- Provide investor updates, insights, and market reports
- Improve our digital real estate investment platform
- Ensure transparency, security, and regulatory compliance
- Communicate with you about account activity or new investment opportunities
3. Data Sharing and Disclosure
FREITS does not sell or rent personal data. We may share limited information with:
- Licensed asset and investment managers
- Financial institutions and payment processors
- Regulatory and compliance authorities as required by law
- IT, analytics, and security service providers
- Professional advisors (e.g., legal or audit partners)
All third parties are contractually obligated to maintain confidentiality and handle data only for legitimate business purposes.
4. Data Security
We use advanced security measures to protect your data, including:
- SSL encryption and secure data transmission
- Firewalls and multi-layered authentication
- Regular security audits and monitoring
- Restricted access to sensitive investor data
- Data backups stored in secure environments
5. Data Retention
We retain your personal data for as long as your account is active or as required by law. When data is no longer needed, it will be securely deleted or anonymized in accordance with our data retention policy.
6. Cookies and Tracking Technologies
We use cookies to improve your online experience, including:
- Maintaining secure login sessions
- Remembering user preferences
- Analyzing website traffic and performance
- Enhancing security and fraud prevention
You may manage or disable cookies in your browser settings; however, doing so may affect platform functionality.
7. Your Rights
You have the right to:
- Access and obtain a copy of your personal data
- Request correction or deletion of inaccurate information
- Withdraw consent for data processing
- Request data portability (where applicable)
- Lodge a complaint with a regulatory authority if your data rights are violated
To exercise these rights, please contact us at support@freits.org.
8. International Data Transfers
Your personal information may be transferred to and processed in servers located in the United States or other jurisdictions. We ensure that all transfers comply with applicable data protection laws and use approved safeguards such as Standard Contractual Clauses.
9. Children’s Privacy
FREITS services are intended for users aged 18 and older. We do not knowingly collect information from minors. If a minor has provided personal data, please contact us immediately for removal.
10. Updates to This Policy
FREITS may revise this Privacy Policy periodically to reflect changes in technology, law, or company operations. The updated version will be posted on this page with a new “Last Updated” date.
11. Contact Us
If you have any questions, concerns, or data access requests, please contact us at:
First Real Estate Investment Trust of New Jersey, Inc.
505 Main Street, Suite 400, Hackensack, NJ 07601
Email: support@freits.org
Phone: +1 (346) 537-4331