OPENING PROMOTION "HALF MONTH RENT"

The promotion subject to this document is governed by the following,

STIPULATIONS

FIRST. – Promotion Responsible

The company offering the promotion consisting of half a month of free rent, under the terms and conditions set forth below (the "Promotion"), is the company:

  • GEPE CANVAS CANTOBLANCO, with registered office at Calle Príncipe de Vergara, nº 112, 4th Floor, 28002 Madrid, with C.I.F B06896195 and registered in the Madrid Mercantile Registry, Sheet M-745865, Volume 42128, Folio 51 ("CANVAS STUDENT").

SECOND. – Purpose of the Promotion

The purpose of the Promotion is the granting by CANVAS STUDENT to tenants who sign a lease agreement for at least 10 months and meet all the requirements set forth in this document, the possibility of enjoying half a month of free rent under the terms and conditions outlined below.

  • In this way, and exceptionally, CANVAS STUDENT grants tenants a FIFTY PERCENT (50%) discount on the payment of the last month's rent, which under normal conditions tenants would be obliged to pay for the lease of one of the studios or rooms offered by CANVAS STUDENT.
  • This Promotion excludes the amount of additional services that tenants may contract in addition to the lease, such as parking space or extra services not covered in this document, etc.

Therefore, the Promotion consists of granting tenants who sign a lease agreement for rooms or studios of any type a discount equivalent to half a month's rent, except for the cost of the indicated additional services.

This promotion does not exclude tenants from paying the legal deposit and an additional guarantee equivalent to one (1) month's rent in force, each of them. Therefore, tenants, at the time of signing the lease agreement, must pay the equivalent of one month's rent as a deposit.

The indicated discount will apply to the first 100 contracts signed until 24:00 hours on August 31, 2025, and will be applied in the last month of rent of each contract.

 

THIRD. – Territorial and Temporal Scope of the Promotion

The Promotion will only be applicable to the studio or room owned by CANVAS STUDENT located at: Carretera M616, kilometer 0.5 Madrid, named Canvas Student Cantoblanco.

The Promotion will come into effect on March 15, 2025, and will end at 24:00 hours on August 31, 2025.

FOURTH. – Requirements to Access the Promotion

Tenants who wish to benefit from the Promotion must meet all of the following requirements (the "Promotion Requirements"):

  • Tenants must have reserved and definitively signed a lease agreement for a stay at CANVAS STUDENT CANTOBLANCO by 24:00 hours on August 31, 2025.
  • Tenants must remain as tenants for at least the first ten (10) months of the lease agreement.
  • Tenants must punctually comply with the contractual conditions set forth in the lease agreement, especially the financial obligations. Therefore, during the term of the lease agreement, they must be up to date with these obligations.
  • Tenants must maintain and preserve the studio or room subject to the lease agreement in good condition throughout the term of the lease.
  • Tenants cannot benefit from another promotion or campaign by CANVAS STUDENT unless it is expressly stated that they can be combined.

The Promotion is conditional on meeting all the Promotion Requirements. In case of non-compliance with any of them, tenants will lose the right to the Promotion, and it will become null and void. Consequently, tenants will be retroactively obliged to:

  • Return the total amount of the half-month rent subject to the Promotion to CANVAS STUDENT in the month following the date of non-compliance with any of the Promotion Requirements.
  • If tenants do not return the total amount subject to this Promotion to CANVAS STUDENT, the latter may use the additional guarantee and apply it to the payment of the same.

FIFTH. - Operation of the Promotion

When the lease agreement along with the annex of this Promotion is signed by the tenants, and provided that the Promotion Requirements are met, it will be applied as stipulated in the Second Stipulation and in the other terms and conditions set forth in this document.

SIXTH. - Protection of Personal Data

The data collected by CANVAS STUDENT as a result of the Promotion will be used solely to manage the Promotion and the relationship derived from the lease agreement, without being used for any other purpose, except if consent has been given to receive commercial communications and/or to share personal data with other companies belonging to the Greystar Group.

CANVAS STUDENT reserves the right to request additional personal information from tenants, such as, but not limited to, full address, phone number, personal identification number, and/or any other information needed to ensure the proper management of the Promotion.

The beneficiaries guarantee to CANVAS STUDENT that all personal information provided during and after the Promotion is truthful and accurate.

CANVAS STUDENT states that it has implemented the necessary technical and organizational measures to control and maintain the integrity and confidentiality of the personal information provided by the participants.

 

SEVENTH. - Modification of the Promotion Terms

CANVAS STUDENT reserves the right to make modifications to the terms of the Promotion at any time to ensure its successful outcome, such as, but not limited to, extending the Promotion period and/or incorporating new benefits.

EIGHTH. - Disclaimer of Liability

CANVAS STUDENT is not responsible for any delays or other consequences attributable to third parties that may occur during the development of the Promotion.

If the Promotion cannot be carried out for any reason, such as fraud, technical or technological errors, or any other unforeseen circumstance affecting its normal development, CANVAS STUDENT reserves the right to modify, temporarily suspend, or even cancel it.

Likewise, CANVAS STUDENT will be exempt from any damage and/or harm that may occur during the development of the Promotion.

NINTH. - Contact / HELP Desk

Anyone, whether a beneficiary or not, who has questions or needs clarification regarding the Promotion or this document may contact CANVAS STUDENT via:

TENTH. - Acceptance of the Legal Terms

The application of this Promotion to tenants implies their express acceptance of the conditions and requirements contained in this document, thereby binding them to these terms to benefit from the Promotion and obliging them to comply with all the requirements.

ELEVENTH. - Regulation and Jurisdiction

The Promotion will be governed and interpreted in accordance with this document and its content and, failing that, by common Spanish law. The Courts and Tribunals of Madrid will have jurisdiction to hear any disputes that may arise in its development and application, expressly waiving any other jurisdiction that may correspond

 

 

 

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