1. ACCEPTANCE OF TERMS

This Terms of Service Agreement (the "Agreement") constitutes a legally binding contract between you ("User," "Member," or "You") and SplitOwn ("Company," "We," or "Us"). By accessing or using the SplitOwn platform (the "Site"), you acknowledge that you have read, understood, and agree to be bound by these Terms.

2. NATURE OF SERVICES: DIRECTORY AND REFERRAL ONLY

2.1 Venue and Connector. SplitOwn acts solely as a digital venue and directory service to connect prospective buyers, sellers, and co-owners of assets. We are not a party to any transaction between Users.

2.2 Disclaimer of Professional Advice. The Company is not a law firm, insurance brokerage, financial advisor, or asset dealer. Any templates, guides, or introductions provided on the Site are for informational purposes only and do not constitute legal or professional advice. You acknowledge that fractional ownership is a complex and emerging sector involving inherent uncertainties. You agree to retain your own legal counsel for all transactions.

2.3 No LLC Formation or Insurance. We do not form Limited Liability Companies (LLCs) nor do we underwrite insurance. We may refer you to third-party professionals. Any engagement with such third parties is a direct contract between you and the third party. SplitOwn disclaims all liability for the acts, omissions, or errors of any referred lawyer, insurer, or service provider.

3. EXPERIMENTAL NATURE AND ASSUMPTION OF RISK

3.1 Beta Status. You acknowledge that the Platform facilitates a novel form of asset ownership and is considered an "Experimental" or "Beta" service. The Company does not warrant that the Platform will be error-free, secure, or uninterrupted.

3.2 Assumption of Risk. You expressly agree that your use of the Platform is at your sole risk. This includes, but is not limited to, the risk of: (a) data exposure due to unencrypted storage (see Section 4); (b) financial loss due to co-owner default; (c) physical damage to assets; and (d) regulatory changes affecting fractional ownership.

4. DATA SECURITY WAIVER

4.1 ACKNOWLEDGMENT OF UNENCRYPTED STORAGE.

YOU HEREBY ACKNOWLEDGE AND AGREE THAT SPLITOWN MAY STORE, PROCESS, AND TRANSMIT YOUR PERSONAL DATA, INCLUDING SENSITIVE IDENTIFICATION AND FINANCIAL INFORMATION, IN AN UNENCRYPTED, RAW FORMAT. YOU UNDERSTAND THAT THIS METHOD OF STORAGE CARRIES AN INHERENT RISK OF UNAUTHORIZED ACCESS OR EXPOSURE.

4.2 Release of Liability for Data Exposure. To the fullest extent permitted by law, You hereby release, acquit, and forever discharge SplitOwn from any and all claims, demands, or causes of action arising out of or related to the unauthorized access, theft, loss, or public exposure of your data, whether caused by hacking, negligence, or physical loss of storage media.

5. DISCLAIMER OF WARRANTIES

THE SERVICES AND ALL ASSETS LISTED THEREIN ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND. SPLITOWN EXPRESSLY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND DATA SECURITY.

6. INDEMNIFICATION AND COVENANT NOT TO SUE

6.1 Indemnification. You agree to defend, indemnify, and hold harmless SplitOwn, its affiliates, licensors, and service providers 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 Service.

6.2 Covenant Not to Sue. You represent and warrant that you will not file any lawsuit, arbitration, or administrative action against SplitOwn regarding matters released in this Agreement (including data security and asset condition).

6.3 Breach of Covenant (Fee Shifting & Circular Indemnity). In the event you breach Section 6.2 by filing an action against SplitOwn, you explicitly agree to reimburse SplitOwn for all legal costs and attorneys' fees incurred in defending against such action. You acknowledge and agree that SplitOwn may retain premium legal counsel at its sole discretion, and you agree to be fully liable for such premium hourly rates. Furthermore, in the event a court or arbitrator awards you damages against SplitOwn despite this waiver, you hereby agree to indemnify SplitOwn for the exact amount of said damages, resulting in a net-zero monetary recovery for you.

7. LIMITATION OF LIABILITY

IN NO EVENT WILL SPLITOWN BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF REVENUE, PROFITS, DATA, OR USE, WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, OR OTHERWISE, EVEN IF FORESEEABLE.

THE TOTAL CUMULATIVE LIABILITY OF SPLITOWN FOR ANY CLAIMS ARISING FROM THIS AGREEMENT SHALL NOT EXCEED ONE HUNDRED U.S. DOLLARS ($100.00).

8. DISPUTE RESOLUTION

8.1 Arbitration Agreement. You agree that any dispute or claim arising out of or relating to this Agreement shall be settled by binding arbitration. YOU WAIVE YOUR RIGHT TO A JURY TRIAL.

8.2 Exception for SplitOwn (No Waiver of Company Rights). Notwithstanding Section 8.1, SplitOwn retains the right to seek injunctive or other equitable relief in a court of competent jurisdiction to prevent the actual or threatened infringement, misappropriation, or violation of our copyrights, trademarks, trade secrets, patents, or other intellectual property rights, or for any action related to billing and collection of fees. We do not waive our right to litigate.

8.3 Class Action Waiver. YOU AGREE THAT ANY ARBITRATION OR PROCEEDING SHALL BE CONDUCTED IN YOUR INDIVIDUAL CAPACITY ONLY AND NOT AS A CLASS ACTION OR OTHER REPRESENTATIVE WORK.

9. GENERAL PROVISIONS

9.1 No Waiver. No failure or delay by SplitOwn in exercising any right, power, or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power, or privilege.

9.2 Severability. If any provision of this Agreement is found to be unenforceable, that provision will be limited or eliminated to the minimum extent necessary so that this Agreement will otherwise remain in full force and effect.

9.3 Reservation of Rights. SplitOwn reserves all rights not expressly granted in this Agreement.

10. CONTACT

Legal Notices: legal@splitown.com