This document is a written binding agreement and an electronic record under Information Technology Act, 2000 and rules there under as applicable and the amended provisions pertaining to electronic records in various statutes under applicable Indian laws. This electronic record is generated by a computer system and does not require any physical or digital signatures.
Effective Date: 1st Day of July,2019
Welcome to Yieldspace.com! We are a digital real estate advertising / marketing and information services platform connecting people with the real estate market. Meraqi Advisors and our subsidiaries and affiliates (collectively the “Company” or "Meraqiadvisors.com" or “Meraqi” or “We”) provide you with access to a variety of services, including but not limited to the www.Meraqiadvisors.com and www. Yieldspace.com Website/s (the "Website") and Meraqi’s mobile applications (the “Mobile App” ) and all the products and services available through our Website and Mobile App (collectively the "Services").
We may suspend and/or deny access to the Service for any reason at any time. Meraqi may discontinue or change any element of the Service, or any product or service described in or offered on the Website or Service, at any time.
You agree that this Agreement does not entitle you to any support, upgrades, updates, add-ons patches, enhancements, or fixes for the Services (collectively, "Updates"). We may occasionally provide automatic Updates to the Services at our sole discretion (and without any advanced notification to you). Any such Updates for the Services shall become part of the Services and subject to this Agreement.
We do not undertake any obligation or responsibility to update or amend any information available on this Website, and accept no responsibility for the accuracy or completeness of any information available as part of the Service. Such information is based on sources believed to be reliable, but accuracy cannot be guaranteed.
Meraqi further reserves the right, in its sole discretion, to block or otherwise discontinue your access and use of the Website at any time and for any reason. You agree that Meraqi and its subsidiaries and affiliates will not be liable to you or to any third party for any such modification, suspension or discontinuance. No part of the Service constitutes a recommendation, solicitation or offer to buy or sell any securities or other financial instruments, make any investment, endorse any particular company, product, portal or service provider, or provide any investment advice or service.
The Service has been prepared without reference to any particular User's investment requirements or financial situation, and is not provided to, and may not be used by, any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or where Meraqi is not authorized to provide such information or services.
This Agreement applies to everyone who uses our Services.
(i)Users: "Users" are everyone who uses our Services.
The Website provides online tools to assist potential real estate investors in accessing the investment class of private market real estate. The Service allows investors to diversify their portfolios across a hand-picked selection of private market real estate investment opportunities thereby allowing investors to unlock new and exciting opportunities for portfolio growth.
You are required to register with the Website in order to access and use the Services. If you use the Website, you are responsible for maintaining the confidentiality of your account and password and for restricting access to your computer to prevent unauthorized access to your account. You agree to accept responsibility for all activities that occur under your account or password. You should take all necessary steps to ensure that the password is kept confidential and secure and should inform Us immediately if you have any reason to believe that your password has become known to anyone else, or if the password is being, or is likely to be, used in an unauthorised manner. Please ensure that the details you provide us with are correct and complete and inform us immediately of any changes to the information that you provided when registering. You can access and update much of the information you provided us with in the MY YIELDSPACE area of the Website.
If you are under 18 years of age, you are not authorized to use the Service, with or without registering.
By using the Service, you represent and warrant that if you are an individual, you are of legal age to form a binding contract, and that all information you submit is accurate and truthful and not misleading. You may not use a false name or an email address that is owned or controlled by another person. If you are using the Service on behalf of any entity, you represent and warrant that such entity has authorized the acceptance of this Agreement and the use of the Website and Services, and that you have the full corporation power and authority to accept the terms and conditions of this Agreement on such entity's behalf. You also represent, warrant and covenant that if any aspect of your participation in or your use of the Website or Service violates any provisions of law to which you are subject you will cease using the Website and Service and close your membership/ account.
You must not use the Website in any way that causes, or is likely to cause, the Website or access to it to be interrupted, damaged or impaired in any way You understand that you, and not Meraqi, are responsible for all electronic communications and content sent from your computer to us and you must use the Website for lawful purposes only. You must not use the Website for any of the following:
Meraqi reserves the right to investigate and take appropriate legal action against anyone who, in Meraqi’s sole discretion, violates this provision, including without limitation, removing the offending content from the Service,suspending or terminating the account of such violators and reporting you to the law enforcement authorities
In addition to the other provisions of this Agreement the following rules pertain to content you post on the Website (the "User Content"). We reserve the right to remove any information, data, or opinions, from the Website or Service at our sole discretion. By transmitting and submitting any User Content while using the Service, you further agree that:
You understand and agree that any liability, loss or damage that occurs as a result of the use of any User Content that you make available or access through your use of the Service is solely your responsibility. We are not responsible for any public display or misuse of your User Content. We do not, and cannot, pre-screen or monitor all User Content. However, at our discretion, we, or technology we employ, may monitor and record your interactions with the Service.
The Service may provide, or third parties may provide, links or other access to other Websites and resources on the Internet. Meraqi has no control over such Websites and resources and Meraqi is not responsible for and does not endorse such Websites and resources. You further acknowledge and agree that Meraqi will not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, events, goods or services available on or through any such Website or resource. Any dealings you have with third parties found while using the Service are between you and the third party, and you agree that Meraqi is not liable for any loss or claim that you may have against any such third party.
We will do our utmost to ensure that availability of the Website will be uninterrupted and that transmissions will be error-free. However, due to the nature of the Internet, this cannot be guaranteed. Also, your access to the Website may also be occasionally suspended or restricted to allow for repairs, maintenance, or the introduction of new facilities or services at any time without prior notice. We will aim to limit the frequency and duration of any such suspension or restriction.
In using the Website and the Service you may observe and may consider potential investment opportunities. By using the Website and the Service, in addition to the other terms and conditions contained in this Agreement you further agree as follows:
There are fees associated with investments you may make through the Service. Any such fees will be disclosed in the offering documents with respect to such investments. In addition, if you become a client of Meraqi, you should review the additional documents provided by Meraqi, which describe the applicable fees.
You are licensing to us the right to access and track your data. Your Content will be viewable by other users of the Website, and the Service. You should only provide Content that you are comfortable sharing with others under this Agreement.You acknowledge that Meraqi is not obligated to post any User Content you provide, pay you or to cause any other party to pay you anything with respect to User Content posted by you, or for your activities on Meraqi, or to feature or otherwise display your Content on the Website or through use of the Service.
Meraqi is not a broker-dealer, not an investment advisor, not an underwriter and does not provide at any time any financial, investment, legal or tax advice, nor does MERAQI endorse, recommend or encourage any investment in any company. To the extent that Meraqi provides information about investment opportunities, whether through the Website, email, newsletters, publications, phone calls, advertisements, or otherwise, such information is provided solely to make potential investors aware of such opportunities and you understand and agree that the provision of such information is not an endorsement or recommendation to make an investment in such opportunities. You are solely responsible for all investment decisions, and Meraqi strongly encourages you to thoroughly investigate, diligence, evaluate, review, research and consider with your advisors every investment opportunity prior to investing.
By using the Website or Service you hereby understand and agree that:
TO THE FULLEST EXTENT ALLOWED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY (INCLUDING, WITHOUT LIMITATION, TORT, CONTRACT, STRICT LIABILITY, NEGLIGENCE OR OTHERWISE) SHALL MERAQI ADVISORS BE LIABLE TO YOU OR TO ANY OTHER PERSON FOR (A) ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND, INCLUDING DAMAGES FOR LOST PROFITS, LOST REVENUE, LOSS OF GOODWILL, LOSS OF DATA, WORK STOPPAGE, ACCURACY OF RESULTS, OR COMPUTER FAILURE OR MALFUNCTION, arising from your use of any of the service or any products procured using the service, or for any other claim related in any way to your use of the service or any product, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of the service or any content (or product) posted, transmitted, or otherwise made available via the service, even if advised of their possibility SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OR EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES. ACCORDINGLY, SOME OF THE ABOVE LIMITATIONS SET FORTH ABOVE MAY NOT APPLY TO YOU OR BE ENFORCEABLE WITH RESPECT TO YOU. IF YOU ARE DISSATISFIED WITH ANY PORTION OF THE SERVICE OR WITH THESE TERMS OF SERVICE, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USE OF THE SERVICE.
To the extent any provision(s) relating to arbitration, disclaimer, waiver of liability, or any other rights and obligations set forth herein, is not permissible or enforceable under applicable law, each such provision shall be deemed removed and invalid, to the least extent to comply with such applicable law, but all remaining provisions shall be in full force and effect.
In the event of such a claim, suit, or action (“Claim”), we will provide notice of the Claim to the contact information we have for your account (provided that failure to deliver such notice shall not eliminate or reduce your indemnification obligations hereunder).We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to your indemnification, in which event you will cooperate with us in such defense and any settlement.
Companies and firms that use our Websites and Services to distribute data and documents to investors and other interested parties. We have no duty to keep any information in the Service current, accurate or otherwise updated. We have no control over what effects the Service may have on you, or what actions you may take as a result of having been exposed to it. You release MERAQI from all liability for you having acquired or not acquired any information through the Service, and the results, costs, or damages, monetary or otherwise, of any actions taken or not taken because of it. MERAQI makes no representations or warranties concerning any information contained in or accessed through the Website or the Service, and MERAQI will not be responsible or liable for the accuracy, completeness, compliance, legality or decency of material contained in or accessed through the Service.
You hereby release any claims you may have against MERAQI and any MERAQI Person that are in anyway related to the Service or your use of Content offered through the Service, including any recommendations or referrals you may receive as a result of your registration with MERAQI. You are solely responsible for your use of the Service, for any Content you provide, and for any consequences thereof, including the use of your Content by other users and third parties partners.
You understand that MERAQI employees and affiliates may participate in the Service as Entrepreneurs or Investors, and that MERAQI is not responsible for any of their activities, including statements or other information in any emails or other communications such individuals make in that capacity.
This Agreement will remain in full force and effect unless earlier terminated by MERAQI. MERAQI may modify, restrict or terminate your access to all or any part of the Website and Service at any time, with or without cause, with or without notice, effective immediately. You may cancel your membership at any time by contacting us. Termination of your access to the Website or Services may result in the loss or destruction of information associated with your account or otherwise and you agree that MERAQI is not liable for any losses or damages that may result from such termination. Upon termination of your access to the Website or Services for any reason, you shall destroy and remove from all computers, and other storage media all copies of the any intellectual property owned by MERAQI or any other user of the Services that you acquired by use of the Service. In the case of termination, all provisions of this Agreement shall survive, including, without limitation, representations made by you, ownership provisions, warranty disclaimers, indemnity provisions, limitations of liability and agreement to arbitrate .
These Terms and any separate agreements whereby we provide you Services shall be construed in accordance of the laws of the Republic of India, without regard to the conflicts of laws provisions thereof. For all purposes of these Terms (including other terms and policies referred herein), the Parties consent to exclusive jurisdiction and venue in the courts located in city of Bengaluru, state of Karnataka, India.
You may not assign, delegate, novate or transfer these Terms or your rights or obligations hereunder, or your Services account, in any way (by operation of law or otherwise) without prior written consent of Meraqi Advisors. We may transfer, assign, novate or delegate these Terms and our rights and obligations without consent. Agreement will be binding upon and will inure to the benefit of the parties, their successors and permitted assigns.
We may amend this Agreement at any time in our sole discretion, effective upon posting the amended Agreement at the domain of www.Yieldspace.com where the prior version of this Agreement was posted, or by communicating these changes through any written contact method we have established with you. Your use of the Website or Services following the date on which such amended Agreement is published will constitute consent to and acceptable of such amendments and such revised Agreement will govern our entire relationship, including your prior use of the Website and the Service.
THANK YOU FOR VISITING US AND USING www.yieldspace.com