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Spring Smart Deals

OFFICIAL REGULATION OF THE SPRING SMART DEALS PROMOTIONAL CAMPAIGN

Campaign period: 17.04.2025 – 17.06.2025

 

SECTION 1. THE ORGANIZER OF THE PROMOTIONAL CAMPAIGN

This promotional campaign „SPRING SMART DEALS”, („the Promotional Campaign” or „the Campaign”) is organized by CEDAR INVEST S.R.L.., Romanian legal person with the headquarters in 89A Bucuresti-Ploiesti Road, MIRO building, C2, 4th floor, District 1, Bucharest, registered at the Trade Register under no. J40/1170/2019, tax identification no. 40544320, fiscal attribute RO, represented by Mr. Didier Balcaen, as General Manager (“the Organizer” or “Cedar).

The Promotional Campaign is organized in accordance with the provisions of this regulation („the Regulation” or „the Official Regulation”) which is mandatory for all Participants.

The Official Regulation is drawn up and will be made public under the applicable law in Romania and it is available to any Applicant free of charge by being published on the website page of the Organizer, more specifically at www.paltim.ro/en/. Also, it can be sent to any Applicant on demand.

By participating to the Promotional Campaign, each Applicant declare that it will respect the terms and conditions of the present Official Regulation as described in its content.

The Campaign can be discontinued by the Organizer at any time during the campaign period, in the case of force majeure or of any amendments to the Regulation.

The Organizer reserves its right to amend the present Regulation and/or to modify the period of the Promotional Campaign and/or to suspend it at any given time during the Campaign period, as well as the right to end the Campaign before its term, subject to making such changes public through the web page www.paltim.ro/en/ with at least 24 hours before the amendments take effect.

 

SECTION 2. THE PERIOD OF THE PROMOTIONAL CAMPAIGN AND RELEVANT AREA

The Promotional Campaign will take place on Romania’s territory during the period 17.04.2025 – 17.06.2025, respecting the conditions of the present Regulation.

Registrations to the Promotional Campaign will start on 17.04.2025, at 00:00:00 and will stop on 17.06.2025, 23:59:59 (included). Any person that is using the services described below following the end date will not be taken into consideration for the purposes herein.

 

SECTION 3. THE RIGHT TO PARTICIPATE

Any natural person over 18 years old, and any legal person with residence in Romania that accepts the terms and conditions of the present Regulation can participate to the Promotional Campaign (hereinafter referred to as “Participants”).

With the desire of causing no prejudice to any client that wants to participate to the present Promotional Campaign, the Organizer reserves its right to perform checks with respect to compliance with the conditions of the present Regulation in what regards the participation to the Promotional Campaign.

 

SECTION 4. THE SUBJECT OF THE CAMPAIGN. PARTICIPATION MECHANISM

During the Promotional Campaign period and under the conditions presented in the Regulation, the Organizer offers to the Participants that cumulatively meet the conditions detailed in the present Regulation a discount of minimum Euro 4,500 (four thousand five hundred) of the net value of the relevant apartments subject to the campaign (as listed in Annex 1 attached to the Regulation) and that each Participant wishes to purchase from in Building 1 (identified with cadastral number 456402-C1 and registered in the Land Book 456402 of Timisoara and hereinafter referred to as “Building 1”) part of “PALTIM” residential ensemble developed by the organizer and located at 1A Jiului Street, Timisoara.

The Participants to this Campaign acknowledge and expressly accept that participating to the Campaign is done voluntarily and that granting of the prizes hereunder will be done without drawing lots, exclusively to the Participants that cumulatively meet the conditions detailed in the present Regulation and according to the following steps:

  • visiting the Campaign page on the paltim.ro/en/ website, reading the present Regulation and accepting the conditions by ticking the box “I have read and I agree to the campaign regulation” by the Participant;
  • filling in the contact form in order to receive commercial communications and
  • signing a bilateral promissory sale agreement with the purpose of purchasing an apartment (and, if needed, other annexes) by the Participant and the Organizer, within a maximum of 10 (ten) days from the ending date of the

Each Participant acknowledges and accepts that at the date of this Regulation the stock of apartments subject to the campaign includes a number of 16 (sixteen) units, and this may vary depending on the contracts concluded during the campaign.

 

SECTION 5. SUSPENDING/ ENDING THE CAMPAIGN

The Promotional Campaign can be suspended or ended before the term set in Section 2 of the present Regulation in case of force majeure if its continuation would violate the legal provision or in case the Organizer find itself in the impossibility of continuing the Promotional Campaign because of reasons beyond its control. In such case, the Organizer will inform the public through the www.paltim.ro/en/ website with at least 24 hours before the effective suspension/ending or, if this is not possible, at the date of the suspension/ending of the Promotional Campaign.

 

SECTION 6. ORGANIZER’S LIABILITY

The Organizer will not be held responsible for any damage suffered by the Participants as a result of or in connection with the present Campaign.

 

SECTION 7. LITIGATION

Any disputes arising between the Organizer and the Participants in the Promotional Campaign will be

solved amicably, or in case such will not be possible, disputes will be settled by the competent Romanian courts.

 

SECTION 8. PROCESSING AND PROTECTION OF PERSONAL DATA

By participating to the Promotional Campaign, the Participants consent to the use of their personal data (surname, name, address, email, phone number) to be processed by the Organizer and their partners, with the purpose of the current Campaign’s deployment.

By participating to the present Campaign, the Participants confirm they are aware of the Official Regulation and consents to it, as well as to the use of their personal data, in compliance with the provisions of this agreement and the provisions of Law no. 677/2011, regarding the processing of personal data and free circulation of such data, with the purpose of the current Campaign’s deployment, as well as with statistical purposes.

The Organizer pledges to respect the rights of the Participants required by applicable law. The data provided will not be shared with third parties, with exception of the cases where the Organizes must comply with the obligations imposed by law.

The participants to the Campaign, as data subjects, have, in accordance with the provisions of the EU Regulation 2016/679 of the European Parliament, applicable in Romania starting with May 25 2018, the following rights: the right to be informed about the data, access to data, rectifying the data, erasing the data, the right to restrict the processing of your personal data, withdrawing the consent to the processing of data, to oppose the processing of data, the right to data portability, the right to appeal to the competent court and to the supervisory authority in accordance with the legal provisions in force for the protection of individuals with regard to the processing of personal data and to the free movement of such data.

For exercising these rights, the Participants will address to the Organizer at 89A Bucuresti-Ploiesti Road, MIRO building, C2, 4th floor, District 1, Bucharest, a written request, dated and signed or an email to [email protected].

 

SECTION 9. OTHER CLAUSES

Any amendment of the present Regulation is valid only with the condition of informing the public by publishing the amendments of the www.paltim.ro/en/ website.

 

Organizer

CEDAR INVEST S.R.L.

Didier Balcaen

 

Annex 1 – Apartments subject to discounts

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