Effective Date: 1 June, 2024
Welcome to Svazer, a global co-ownership platform for second homes, operated by Estara Ventures Pvt. Ltd.. By accessing or using our website [www.svazer.com] (the “Site”), you agree to comply with and be bound by these Terms of Use. If you do not agree to these Terms of Use, please do not use the Site.
1. Acceptance of Terms
By accessing or using the Site, you agree to be bound by these Terms of Use and our Privacy Policy, which is incorporated by reference into these Terms of Use. If you do not agree to all of these terms, do not use the Site.
2. Changes to Terms
We reserve the right to modify or amend these Terms of Use at any time. All changes will be effective immediately upon posting on the Site and you waive any right to receive specific notice of such changes. Your continued use of the Site after changes are posted constitutes your acceptance of the revised Terms of Use.
3. Use of the Site
3.1. Eligibility
You must be at least 18 years old to use the Site. By using the Site, you represent and warrant that you have the right, authority, and capacity to enter into these Terms of Use and to abide by all of the terms and conditions set forth herein.
3.2. User Account
To access certain features of the Site, you may be required to 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 maintaining the confidentiality of your account login information and are fully responsible for all activities that occur under your account.
3.3. Prohibited Activities
You agree not to use the Site for any unlawful purpose or any purpose prohibited under these Terms of Use. You agree not to engage in any activity that interferes with or disrupts the Site.
4. Property Co-Ownership
4.1. Co-Ownership Structure
Svazer facilitates the co-ownership of properties through Special Purpose Vehicles (SPVs). Each SPV holds a specific property, and co-owners hold shares in the SPV, which correspond to their ownership interest in the property.
4.2. Management and Maintenance
Estara Ventures Pvt. Ltd. manages and maintains properties on behalf of co-owners. This includes managing the SPVs, coordinating property maintenance, and handling related administrative tasks.
4.3. User Responsibilities
Co-owners may add user names and other relevant details of their friends and family to their accounts to enable them to access the services offered by Svazer. You are responsible for ensuring that all information provided is accurate and up-to-date.
5. Financial Transactions
5.1. Purchase and Maintenance Fees
You agree to pay all fees and charges associated with the purchase of co-ownership interests and ongoing maintenance and service charges as specified in the by laws of the company.
5.2. Payment Information
You agree to provide accurate, complete, and current payment information. We may share your payment information with third-party service providers to complete transactions.
5.3. Refunds and Cancellations
All transactions are final and non-refundable unless otherwise stated. For specific refund and cancellation policies, please refer to the relevant sections on the Site.
6. Intellectual Property
6.1. Ownership
All content on the Site, including text, graphics, logos, icons, images, audio clips, data compilations, and software, is the property of Estara Ventures Pvt. Ltd. or its content suppliers and is protected by international copyright laws.
6.2. License
We grant you a limited, non-exclusive, non-transferable, and revocable license to access and use the Site for your personal use. You may not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on the Site except as authorized by these Terms of Use.
7. Third-Party Services
The Site may contain links to third-party websites and services. We do not control and are not responsible for the content or practices of these third-party websites and services. We provide these links for your convenience only and do not endorse the content or services offered by these third parties.
8. Disclaimers
8.1. General Disclaimer
The Site is provided on an “as-is” and “as-available” basis. We disclaim all warranties of any kind, whether express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
8.2. No Investment Advice
The information provided on the Site does not constitute investment advice, financial advice, or any other type of advice. You should consult with a qualified professional before making any investment decisions.
9. Limitation of Liability
To the fullest extent permitted by law, Estara Ventures Pvt. Ltd., its affiliates, and their respective officers, directors, employees, agents, licensors, or service providers shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from (a) your use or inability to use the Site; (b) any unauthorized access to or use of our servers and/or any personal information stored therein; (c) any interruption or cessation of transmission to or from the Site; (d) any bugs, viruses, trojan horses, or the like that may be transmitted to or through the Site by any third party; (e) any errors or omissions in any content or for any loss or damage incurred as a result of the use of any content posted, emailed, transmitted, or otherwise made available through the Site; and/or (f) the defamatory, offensive, or illegal conduct of any third party.
10. Indemnification
You agree to defend, indemnify, and hold harmless Estara Ventures Pvt. Ltd., its affiliates, and their respective officers, directors, employees, agents, licensors, and service providers 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 of Use or your use of the Site, including, but not limited to, your User Contributions, any use of the Site’s content, services, and products other than as expressly authorized in these Terms of Use, or your use of any information obtained from the Site.
11. Governing Law
These Terms of Use and your use of the Site are governed by and construed in accordance with the laws of India, without regard to its conflict of law principles. You agree to submit to the exclusive jurisdiction of the courts located in [City, State] for the resolution of any disputes arising from or relating to these Terms of Use or the Site.
12. Severability
If any provision of these Terms of Use is found to be unlawful, void, or unenforceable, that provision shall be deemed severable from these Terms of Use and shall not affect the validity and enforceability of any remaining provisions.
13. Contact Us
If you have any questions about these Terms of Use, please contact us at:
Estara Ventures Pvt. Ltd.
8/1B Hazra Road
Kolkata 700026, India
Email: [email protected]
This Terms of Use was last updated on 1st June, 2024. We may update these Terms of Use from time to time in order to reflect, for example, changes to our practices or for other operational, legal, or regulatory reasons.
