Terms of Service
Effective Date: 2/14/2025
Welcome to Lease Exchange! These Terms of Service (“Terms”) govern your use of our website and services (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 use our Services.
1. Introduction
Lease Exchange provides a platform to connect current leaseholders with future subleasers, facilitating sublease agreements and ensuring a smooth transition between parties. Our Services include listing properties, managing sublease agreements, and processing transactions.
2. Eligibility
To use our Services, you must be at least 18 years old and capable of forming a binding contract. By using our Services, you represent and warrant that you meet these requirements.
3. Account Registration
To access certain features of our 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 are responsible for safeguarding your password and agree not to disclose your password to any third party.
4. Use of Services
You agree to use the Services only for lawful purposes and in accordance with these Terms. You agree not to use the Services:
In any way that violates any applicable federal, state, local, or international law or regulation.
For the purpose of exploiting, harming, or attempting to exploit or harm minors in any way.
To transmit, or procure the sending of, any advertising or promotional material without our prior written consent.
5. User Content
You are responsible for any content you post, upload, or otherwise make available through the Services (“User Content”). You retain ownership of all User Content. However, by making User Content available through the Services, you grant Lease Exchange a non-exclusive, transferable, sub-licensable, worldwide, royalty-free license to use, copy, modify, create derivative works based on, distribute, and display your User Content in connection with operating and providing the Services.
6. Sharing of Information
By using our Services, you agree to the sharing of your information with other users, including but not limited to current leaseholders, future subleasers, and landlords, as necessary to facilitate sublease agreements and other transactions. This information may include, but is not limited to:
Contact information (e.g., name, email address, phone number)
Lease details (e.g., rent amount, lease duration, property address)
Payment information (e.g., bank details for transaction processing)
7. Privacy Policy
Your privacy is important to us. Please review our Privacy Policy, which explains how we collect, use, and disclose information that pertains to your privacy. By using the Services, you consent to our collection and use of personal data as outlined in the Privacy Policy.
8. Fees and Payments
Certain aspects of the Services may be subject to fees. You agree to pay all applicable fees as described on the website in connection with such Services. Lease Exchange reserves the right to change its fees at any time by providing notice to you.
9. Termination
We may terminate or suspend your access to the Services, without prior notice or liability, for any reason, including but not limited to your breach of these Terms. Upon termination, your right to use the Services will immediately cease.
10. Disclaimers and Limitation of Liability
The Services are provided “as is” and “as available” without any warranties of any kind, either express or implied. Lease Exchange does not warrant that the Services will be uninterrupted or error-free.
To the fullest extent permitted by law, in no event will Lease Exchange, its affiliates, or their licensors, service providers, employees, agents, officers, or directors be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from your use of the Services.
11. Indemnification
You agree to indemnify, defend, and hold harmless Lease Exchange, its affiliates, and their respective officers, directors, employees, contractors, agents, licensors, service providers, subcontractors, and suppliers 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.
12. Governing Law
These Terms shall be governed and construed in accordance with the laws of the state of [State], without regard to its conflict of law provisions.
13. Changes to Terms
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.
14. Contact Us
If you have any questions about these Terms, please contact us at:
Email: management@leaseexchange.io
Phone: (608) 455-8729
Address: 437 North Frances St, Madison WI, 53703
By using Lease Exchange, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.