Terms of Service

Welcome to Escrowlab.online ("Service," "we," "us," or "our"). By accessing or using our website and services, you agree to be bound by the following terms and conditions (the "Terms"). If you do not agree to these Terms, do not use our Service.

1. Definitions

  • "Service" refers to Escrowlab.online and its associated features and functionalities.
  • "User" refers to any individual or entity who uses the Service.
  • "Escrow Transaction" refers to the process where funds are held by us on behalf of parties involved in a transaction until certain conditions are met.

2. User Responsibilities

  • Eligibility: You must be at least 18 years old and legally capable of entering into binding agreements to use our Service.
  • Account Creation: To use our Service, you must create an account and provide accurate and complete information. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.
  • Use of Service: You agree to use the Service only for lawful purposes and in accordance with these Terms. You must not use the Service for any illegal or unauthorized activities.

3. Escrow Process

  • How It Works: When you initiate an escrow transaction, you will deposit funds into an escrow account managed by us. We will release the funds to the designated party upon fulfillment of the agreed-upon conditions.
  • Fees: We charge a fee for our escrow services, which will be disclosed at the time of the transaction. Fees may vary based on the nature of the transaction.
  • Dispute Resolution: If a dispute arises, we will attempt to mediate between the parties. If we cannot resolve the dispute, the funds will remain in escrow until the dispute is resolved or a court order is obtained.

4. Payment Terms

  • Deposits: You must deposit funds into the escrow account using the payment methods we support. You agree to provide accurate and complete payment information.
  • Releases: Funds will be released from escrow only when the conditions specified in the escrow agreement are met or as directed by a court.

5. User Conduct

  • Prohibited Activities: You must not engage in any activities that are illegal, fraudulent, or harmful to our Service or other users. This includes, but is not limited to, phishing, spreading malware, or exploiting vulnerabilities.
  • Consequences: We may suspend or terminate your account if you violate these Terms or engage in prohibited activities.

6. Privacy and Data Security

  • Data Collection: We collect and use personal information as described in our Privacy Policy. By using our Service, you consent to our data practices.
  • Data Protection: We implement reasonable security measures to protect your data, but we cannot guarantee absolute security.

7. Intellectual Property

  • Ownership: All content and intellectual property associated with the Service are owned by us or our licensors. You may not use any content from the Service without our express permission.

8. Limitation of Liability

  • Disclaimers: Our Service is provided "as is" and we make no warranties or representations regarding its availability, accuracy, or reliability. We are not liable for any indirect, incidental, or consequential damages arising from your use of the Service.
  • Indemnification: You agree to indemnify and hold us harmless from any claims, losses, or damages resulting from your use of the Service or violation of these Terms.

9. Termination

  • Termination Rights: We may terminate or suspend your account at any time for any reason, including violations of these Terms. You may terminate your account by contacting us.

10. Amendments

  • Changes to Terms: We may update these Terms from time to time. We will notify you of any significant changes by posting the updated Terms on our website. Your continued use of the Service constitutes acceptance of the revised Terms.

11. Miscellaneous

  • Entire Agreement: These Terms constitute the entire agreement between you and us regarding your use of the Service.
  • Severability: If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.