Certificate Of Occupancy

Palmrich Estate operates an equity (ownership) model, not a debt instrument. Income from your land is projected annually based on palm yield and prevailing market prices for palm oil. Your palm trees shall commence frui ng from the third (3rd) year a er the comple on of full payment for both the land and all applicable statutory charges. However, harves ng and earning commences at the 4th year. You can choose to manage your planta on yourself or choose to out-source the management of your planta on of Assetrise Limited. Upon frui ng, in the case of outsourcing; Assetrise Limited shall harvest, process, and sell the produce within the year between January to December. Therea er, revenue shall be declared to the Landlord in accordance with the agreed profit-sharing formula, namely: sixty percent (60%) to the Landlord 40%