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What is an Ekta Real Estate FREM?
FREM stands for “fractions of real estate management”. This is the basic building block of how we offer properties in fractions. FREMs are set at $100 USD per unit by default for every property.
Every owner of FREMs connected to a certain property listing joins the related DAO. Each FREM owner is responsible for participating in providing management services for the property connected to their FREM in order to receive earnings for the property.