Terms of Service for the Virtual Property Market (VPM)

Introduction

Welcome to the Virtual Property Market (VPM), a real estate platform that showcases properties for rent or sale. By accessing or using the VPM website and services, you (“User,” “Agency,” or “Agent”) agree to be bound by these Terms of Service. If you do not agree with these terms, please refrain from using the VPM platform.

Property Listings

• Property Listing Content: Agencies and their agents are responsible for providing accurate and true details of the properties listed on the VPM. Users understand that VPM relies on the information provided by the agencies and agents and does not independently verify the accuracy of the content.
• Privacy and Permissions: Agents must obtain explicit permission from property owners or authorized representatives before adding a property listing to the VPM. Agents and agencies are responsible for ensuring compliance with privacy laws and protecting the personal information of property owners and tenants.
• Property Listing Duration: Agencies and agents may post property listings on the VPM platform for a fee. The listings will remain active until the property is sold, rented, or removed by the agency, agent, or VPM.

Content Rights

• Intellectual Property: Users retain ownership and intellectual property rights to the content they submit to the VPM platform. By submitting content, including images and media, to the VPM, users grant VPM a non-exclusive, worldwide, royalty-free license to use, reproduce, modify, display, and distribute the content solely for the purpose of advertising and promoting the listed properties on the VPM platform.
• Prohibited Content: Users may not submit content that is harmful, false, misleading, defamatory, infringing, or violates any third-party rights or applicable laws. VPM reserves the right to remove any content that violates these terms or is deemed inappropriate.

User Obligations

• Compliance: Users agree to comply with all applicable laws, regulations, and these Terms of Service while using the VPM platform.
• Account Security: Users are responsible for maintaining the confidentiality of their VPM account credentials and are liable for all activities performed under their account.

Limitation of Liability

• Accuracy of Listings: VPM provides the platform for property listings but does not guarantee the accuracy, completeness, or reliability of the content submitted by agencies and agents. Users acknowledge that property information and details are provided by third parties and use the VPM platform at their own risk.
• Indemnification: Users agree to indemnify and hold VPM, its directors, employees, and agents harmless from any claims, losses, liabilities, expenses, or damages arising from their use of the VPM platform or violation of these Terms.

Termination

• VPM reserves the right to suspend or terminate any user’s access to the platform at its discretion, without prior notice, if they violate these Terms or engage in any harmful or abusive conduct.

Changes to Terms of Service

VPM may update these Terms of Service from time to time. Any material changes will be notified to users through the VPM platform or other appropriate means. By continuing to use the VPM platform after such changes, users agree to be bound by the updated Terms.

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