By accessing or using the Verent platform (the “Service”), including our website (verent.io), mobile applications, or related services, you agree to be bound by these Terms of Service (“Terms”) and our Privacy Policy. If you do not agree, do not use the Service. Max Gatenby LLC (“Verent,” “we,” “us,” or “our”), located at 239 Spring Street, Red Bank, NJ 07701, USA, reserves the right to update these Terms at any time, with notice provided via email (info@verent.io) or website posting. Continued use after updates constitutes acceptance.
2. Description of Service
Verent provides a platform for renters to create verified identity profiles (name, income, rent history) using third-party APIs (e.g., Plaid) and share them with landlords via SmartShare links. Renters pay a subscription fee (e.g., $15/month for Pro plan); landlords access profiles for free. The Service includes:
Renter Features: Data submission via Tally forms, profile creation, and sharing.
Landlord Features: Free access to verified profiles.
Future Features: Blockchain-based verification (e.g., XRP Ripple, anticipated 2025), enterprise plans, and international services.
3. Eligibility
You must be at least 18 years old and have the legal capacity to enter contracts to use the Service. By using the Service, you represent that you meet these requirements. Verent may refuse service to anyone at its discretion.
4. User Accounts
Registration: Renters must create an account via Tally or future interfaces, providing accurate information (e.g., name, email, bank details via Plaid).
Security: You are responsible for maintaining the confidentiality of your account credentials. Notify us immediately at info@verent.io of unauthorized access.
Termination: We may suspend or terminate your account for violations of these Terms, including fraudulent data submission or non-payment.
5. Subscription and Payments
Pro Plan: Renters pay $15/month (or as updated) for verified profiles, billed via [Payment Processor, e.g., Stripe, insert if known]. Prices exclude taxes.
Free Access: Landlords access profiles at no cost.
Billing: Subscriptions auto-renew monthly unless canceled via account settings. No refunds for partial months.
Future Plans: Enterprise or international plans may have different pricing, disclosed at signup.
Non-Payment: We may suspend access for unpaid fees after 7 days’ notice.
6. User Obligations
Renter Responsibilities: Provide accurate, current data (e.g., bank statements, IDs for manual uploads). Do not submit false or fraudulent information.
Landlord Responsibilities: Use profiles solely for rental decisions, not for discrimination or illegal purposes.
Prohibited Conduct: You may not:
Reverse-engineer, hack, or disrupt the Service.
Use the Service for illegal activities or to harm others.
Share account credentials or SmartShare links without permission.
Compliance: Users must comply with applicable laws, including GDPR, CCPA, New Jersey Consumer Fraud Act, and anti-discrimination regulations.
7. Intellectual Property
Verent’s Rights: All Service content (e.g., Tally forms, Framer designs, SmartShare links) and trademarks are owned by Max Gatenby LLC or its licensors. You may not copy or distribute without permission.
User Content: You grant Verent a non-exclusive, worldwide, royalty-free license to use, store, and display your submitted data (e.g., profile information) to provide the Service.
Future IP: Blockchain-based features (e.g., XRP Ripple) remain Verent’s property.
8. Third-Party Services
Plaid: Verent uses Plaid for bank data verification. Plaid’s terms (plaid.com/legal) apply to renters using this feature.
Other Providers: Tally, Firebase, and future providers (e.g., Finicity, Ripple) are subject to their respective terms.
No Endorsement: Verent is not responsible for third-party service failures or data breaches.
9. Data Accuracy and Verification
Renter Data: You warrant that submitted data is accurate. Verent is not liable for errors in user-provided data.
Verification: Verent uses Plaid or manual uploads to verify data but does not guarantee landlord acceptance. Verification is for profile creation, not legal endorsement.
10. Privacy
Your data is handled per our Privacy Policy (below), compliant with GDPR, CCPA, and New Jersey laws. By using the Service, you consent to our data practices.
11. Limitation of Liability
As-Is Service: The Service is provided “as is” without warranties, express or implied, including under New Jersey law.
Liability Cap: Verent’s liability is limited to the amount paid by you in the prior 12 months. We are not liable for indirect, consequential, or punitive damages.
Future Operations: This applies to all future features (e.g., blockchain, international services).
12. Indemnification
You agree to indemnify Max Gatenby LLC, its affiliates, and employees from claims arising from your misuse of the Service, false data, or violation of these Terms.
13. Termination
By User: Cancel your subscription via account settings; access ends at the billing cycle’s close.
By Verent: We may terminate for cause (e.g., fraud, non-payment) or without cause with 30 days’ notice.
Data Deletion: Upon termination, data is deleted per the Privacy Policy, except as required by law.
14. Dispute Resolution
Governing Law: These Terms are governed by the laws of the State of New Jersey, USA, without regard to conflict of law principles.
Arbitration: Disputes will be resolved by binding arbitration in Red Bank, NJ, per American Arbitration Association rules. No class actions are permitted.
Future Jurisdictions: If Verent expands internationally, disputes may shift to relevant jurisdictions, disclosed at expansion.
15. Miscellaneous
Entire Agreement: These Terms and the Privacy Policy constitute the full agreement.
Severability: If any provision is invalid, others remain enforceable.
Force Majeure: Verent is not liable for delays due to unforeseen events (e.g., cyberattacks).
Contact: Reach us at info@verent.io or 239 Spring Street, Red Bank, NJ 07701, USA.
Future Updates: Terms will be updated for new features (e.g., blockchain, enterprise plans), with notice provided.