Yes. Whale has contracted with one of the most well-respected global law firms,
Goodwin, to ensure Whale complies with all state and local regulations.
In fact, Whale has been designed to surpass minimum legal requirements by (1) allowing renters to keep their deposit in their own account, (2) paying substantial interest to renters, (3) providing monthly account statements, and (4) significantly decreasing the time it takes to return deposits.
Whale is also a
Registered Investment Advisor (RIA) by the Securities & Exchange Commission (SEC) and is and subject to audits from the PCAOB accountant**. As an RIA, Whale is a fiduciary and legally obligated to comply with all local and state regulations.