PRIVATIO Platform Terms
Draft v0.1 – subject to legal review. Binding language: English.
1. Who we are
PRIVATIO is operated by [OPERATOR LEGAL NAME], registered in [JURISDICTION] under number [NUMBER], with its registered office at [ADDRESS] ("PRIVATIO", "we").
2. What PRIVATIO does
2.1 PRIVATIO is a curated network that presents selected private sale opportunities to approved buyers and arranges introductions between parties. 2.2 PRIVATIO is not a party to any transaction between users, does not hold or receive purchase prices, does not act as escrow agent, and does not provide legal, tax, investment or financing advice. 2.3 PRIVATIO does not arrange transactions in securities or collective investments and does not offer financing.
3. Access
3.1 Access to non-public areas requires an application and our approval. We may approve, request further information or decline at our discretion and without stating reasons where the law permits. 3.2 You must provide accurate information and keep it up to date. You are responsible for anyone who acts through your account. 3.3 Verification of a telephone number or email address does not verify identity, authority or funds.
4. Information on the platform
4.1 Listing information is provided by sellers. Where PRIVATIO states that a check was performed, the listing shows what was checked, when and by whom. A check reduces uncertainty; it does not guarantee authenticity, title, condition, value, availability or completion. 4.2 Buyers remain responsible for their own due diligence and professional advice.
5. Confidentiality
Non-public information may only be used to evaluate the specific opportunity and must not be passed on except to professional advisers bound by confidentiality. Case-specific confidentiality is governed by the applicable NDA.
6. Fees
6.1 Buyer access is free of charge during the pilot unless agreed otherwise in writing. 6.2 Any transaction-related fee is agreed in writing, per asset, before an introduction is made, including amount or rate, basis, payer, trigger, VAT treatment and refund terms.
7. Acceptable use
No unlawful, misleading or infringing content; no circumvention of security; no scraping; no contacting other users for purposes unrelated to the opportunity; no use for money laundering, sanctions evasion or fraud.
8. Suspension and termination
We may suspend or end access where required by law, for breach, or where continued access creates legal, regulatory or reputational risk. You may close your account at any time; record-keeping obligations continue to apply.
9. Liability
Nothing excludes liability that cannot be excluded by law. Otherwise our aggregate liability is limited to [AMOUNT] [COUNSEL]. We are not liable for the acts of other users or for transaction outcomes.
10. Complaints
See the Complaints Procedure.
11. Law and jurisdiction
[COUNSEL: governing law and forum; consumer protections where applicable].