Terms of Service
Last updated: May 1, 2023
1. Introduction
Welcome to Rentuy. These Terms of Service ("Terms") govern your access to and use of the Rentuy website, mobile applications, and services (collectively, the "Services"). By accessing or using our Services, you agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use the Services.
2. Definitions
"Rentuy" refers to Rentuy, Inc., a Delaware corporation, and its subsidiaries and affiliates.
"User" refers to any individual who accesses or uses the Services, including Renters, Property Owners, and Investors.
"Renter" refers to a User who enters into a rent-to-own agreement for a property listed on the Services.
"Property Owner" refers to a User who lists a property for rent-to-own on the Services.
"Investor" refers to a User who purchases rent-to-own agreements on the secondary market through the Services.
"Rent-to-Own Agreement" refers to a contract between a Renter and a Property Owner that includes an option for the Renter to purchase the property at a predetermined price within a specified timeframe.
3. Account Registration and Eligibility
To access certain features of the Services, you must register for an account. You agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate, current, and complete.
You must be at least 18 years old and capable of forming a binding contract to use the Services. By using the Services, you represent and warrant that you meet these requirements.
4. Property Listings
Property Owners may list properties for rent-to-own on the Services. By listing a property, Property Owners represent and warrant that they have the legal right to offer the property for rent-to-own and that all information provided about the property is accurate and complete.
Rentuy reserves the right to remove any property listing at any time for any reason, including but not limited to violations of these Terms or applicable law.
5. Rent-to-Own Agreements
Rent-to-Own Agreements are contracts between Renters and Property Owners. Rentuy facilitates these agreements but is not a party to them. Rentuy does not guarantee the performance of any party to a Rent-to-Own Agreement.
Users are responsible for understanding the terms of any Rent-to-Own Agreement before entering into it. We recommend that Users consult with legal and financial advisors before entering into a Rent-to-Own Agreement.
6. Secondary Market
The Services include a secondary market where Property Owners can sell their rights under Rent-to-Own Agreements to Investors. By participating in the secondary market, Users agree to comply with all applicable securities laws and regulations.
Rentuy does not guarantee the performance of any investment on the secondary market. Investors are responsible for conducting their own due diligence before making any investment.
7. Fees and Payments
Rentuy charges fees for certain Services, as described on the Services. By using the Services, you agree to pay all applicable fees. Fees are non-refundable unless otherwise specified.
Rentuy may change its fees at any time by posting the changes on the Services. Changes to fees will not apply retroactively to existing agreements.
8. Privacy
Your privacy is important to us. Please review our Privacy Policy, which explains how we collect, use, and disclose information about you.
9. Intellectual Property
The Services and all content and materials included on the Services, including but not limited to text, graphics, logos, images, and software, are the property of Rentuy or its licensors and are protected by copyright, trademark, and other intellectual property laws.
Users may not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on the Services without the prior written consent of Rentuy.
10. Disclaimer of Warranties
THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.
RENTUY DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SERVICES OR THE SERVERS THAT MAKE THEM AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.
11. Limitation of Liability
IN NO EVENT WILL RENTUY, ITS AFFILIATES, OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS, OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE SERVICES, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES.
12. Indemnification
You agree to defend, indemnify, and hold harmless Rentuy, its affiliates, and their respective officers, directors, employees, and agents from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to your violation of these Terms or your use of the Services.
13. Governing Law and Jurisdiction
These Terms and your use of the Services are governed by and construed in accordance with the laws of the State of Delaware, without giving effect to any choice or conflict of law provision or rule.
Any legal suit, action, or proceeding arising out of or related to these Terms or the Services shall be instituted exclusively in the federal courts of the United States or the courts of the State of Delaware. You waive any and all objections to the exercise of jurisdiction over you by such courts and to venue in such courts.
14. Changes to Terms
Rentuy may revise these Terms at any time by posting the revised Terms on the Services. Your continued use of the Services after the posting of revised Terms means that you accept and agree to the changes.
15. Contact Information
If you have any questions about these Terms, please contact us at legal@rentuy.com.