> ## Documentation Index
> Fetch the complete documentation index at: https://docs.usebrikks.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# How Brikks works

> The proposed lifecycle of a property participation project.

This page explains the proposed operating model. Individual projects need published, approved terms before anyone can rely on these rights.

1. **Prepare a project.** Identify the property, legal issuer, developer, cost plan, independent reviewers, funding target, contingency, fees, and distribution rules.
2. **Raise capital.** Accept eligible subscriptions under the project's terms. Count settled construction capital separately from trading liquidity and market value.
3. **Build against evidence.** Link each request for development funds to a budget line, completed work or an authorized advance, and the required approvals.
4. **Handle changes.** Publish material delays and revised costs. Follow the project's amendment, dispute, or recovery process before further affected spending.
5. **Sell or otherwise realize value.** Record actual sale proceeds and closing costs. An asking price or signed agreement is not cash available to distribute.
6. **Close out.** Apply the published payment order, fund the distribution, and satisfy each valid participation claim once.

Trading a Brikk changes who holds an unsettled position. It does not automatically add money to the construction account or guarantee an exit at the original purchase price.