Updated: October 26, 2015.
Welcome to TaxLienDealer.com website (“TaxLienDealer.com”, “we”, “us”, or the “Site”). Tax Lien Ventures, LLC and/or its affiliates (“Operator”) provide TaxLienDealer.com platform to you subject to the following conditions of use (“Conditions of Use”). If you visit or use any platform features on TaxLienDealer.com, you accept these Conditions of Use. Please read them carefully. In addition, when you use any current or future TaxLienDealer.com platform features, products or services you will also be subject to the guidelines, terms and agreements (“Terms”) applicable to such platform features, products or services. If these Conditions of Use are inconsistent with such Terms, the Terms will control.
1. TaxLienDealer.com Services
TaxLienDealer.com permits you to access the platform features enabling you to record holding, buying and selling of certain state and municipal government tax liens and tax deeds (collectively, “Tax Liens”), process a receipt of Tax Lien redemptions or liquidate a real estate obtained through the Tax Lien, and to maintain the historical records of these operations (collectively, "Services") via using TaxLienDealer.com and any other domain names as may be operated, acquired, or used from time to time by the Operator, wired and wireless connections, and telephony based networks. These Conditions of Use are a legally binding contract between you and Operator regarding your use of the Services.
Please review our Privacy Notice which also governs your visit to TaxLienDealer.com, to understand our practices.
3. Site Policies, Modification, and Severability
We reserve the right to make changes to the Site, its policies, and these Conditions of Use at any time. Your continued use of this Site following any changes will indicate your acceptance of these changes. If you are not eligible, or do not agree to any change to these Conditions of Use or any other policy posted on this Site, you must immediately stop using this Site. If any condition or term set forth in any policy on the Site or in these Conditions of Use shall be deemed invalid, void, or for any reason unenforceable, that condition or term shall be deemed severable and shall not affect the validity and enforceability of any remaining condition.
4. Electronic Communications
When you visit TaxLienDealer.com or send e-mails to us, you are communicating with us electronically. You consent to receive communications from us electronically. We will communicate with you by e-mail or by posting notices on this Site. You agree that all agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement that such communications be in writing.
Your consent to electronic agreements is necessary for use of the Services. You may withdraw consent by sending Operator an e-mail; however, this will result in the termination of your ability to use our Services. Please review our Notice Regarding Electronic Communications which also governs use of Electronic Signature on this Site.
You must be at least eighteen (18) years of age to use the Services. By agreeing to these Conditions of Use, you represent and warrant to us that: you are at least eighteen (18) years of age; your access to the Services have not been previously suspended or terminated by the Operator; and your registration and your use of the Services is in compliance with all applicable laws and regulations. If you are using the Services on behalf of an entity, organization, or company, you represent and warrant that you have the authority to bind that organization to these Conditions of Use and you agree to be bound by these Conditions of Use on behalf of that organization.
6. Access to Services
As a registered user on TaxLienDealer.com, you may receive or establish one or more passwords and accounts (“User Account”). If you use this Site and establish such User Account(s), you are responsible for maintaining the confidentiality of your User Accounts and for restricting access to your computer or such other devices used to access your User Account, and you agree to accept responsibility for all activities that occur under any of your User Accounts. You agree not to attempt to access data or information not intended for you, log into a User Account that you are not authorized to access, test the vulnerability of Operator network and security systems or otherwise breach or circumvent Operator security in any way.
You agree to ensure that all information you provide when registering for User Account or when responding to requests for information from Operator will be current, complete, and accurate and you agree to maintain and update the information as required to keep it current, complete, and accurate. You agree not to use false or misleading individual or business names or names that you are not authorized to use. You agree that Operator may store and use information you provide for use in maintaining your accounts and billing fees.
We will require all new registered users of TaxLienDealer.com who identify themselves as Investors (as defined by the Security Exchange Commission in rule 501 in the US, Financial Services and Markets Act 2000 Order 2005 in the UK, and also any other sophistication standard if so required by laws in your jurisdiction) to obtain and upload an Accreditation Report, which is a summary of user financial information relating to the accredited investor rules. We do not verify the representations registered users make that become part of their Accreditation Report.
7. Use of Services
You agree that you will use your own judgment before making any decision to invest what is to you a material amount of money.
You agree that you will be solely responsible for complying with applicable law regarding any transaction, including without limitation the determination of whether any investor is an Accredited Investor and whether any investment complies with the terms of local law (whether the law of a US state, or the law of any foreign government with jurisdiction over you or any investor).
You also agree that you will obtain such professional advice as is appropriate to protect your interests, including legal, accounting and other advice.
You are aware about the risks of buying, selling, holding portfolio of Tax Liens and you understand that Operator is not acting as an investment advisor or in any other capacity in relation to the Investment Clubs entities or other similar associations that you may become a member with.
8. Public Solicitation and Title II JOBS Act
Pursuant to Title II of the JOBS Act, Operator may engage from time to time in general, public solicitation for purposes of recruiting and verifying prospective investors. Any solicitation or offering shall conform to the requirements of Safe Harbor exemption 506 Regulation D. Prior to acceptance, any prospective investors must be deemed “accredited” through a verification process set forth by Operator or an external third party. Investors accepted by Operator may thereafter participate in buying, selling, and holding Tax Liens designated as membership units. Operator may reject any investor for any reason in its sole discretion.
For additional information on general public solicitation and the applicability of Title II, please review Information about Equity Crowdfunding.
You acknowledge that, as a verified investor participant on the Site, you are not a client of Operator. You also acknowledge that Operator does not advise any investor participants on the merits of a particular investment or transaction or provide legal or transactional advisory services to its members. The information, materials and services made available on the Site do not constitute a recommendation, endorsement, or any other form of investment advice to members by Operator or its affiliates to buy or sell any securities or other financial instruments. Operator does not provide any legal, tax, investment, financial or other advice to members. Any content on the Site has been prepared without reference to any particular member's investment requirements or financial situation. You expressly agree that the information, materials and services made available on the Site are not a substitute for the exercise of independent judgment and expertise. You should always seek the assistance of a professional for advice on investments, tax, the law, or other similar matters.
9. Commercial Terms
Operator shall have no authority to bind you in any transaction to buy or sell any Tax Liens, unless authorized electronically, orally or in writing by you, your agents, or duly authorized representatives. Operator is responsible for distributing confirmations of each transaction in accordance with applicable industry standards.
You recognize and agree that Operator does not and cannot assess the legal capacity of counterparties to enter into contracts relating to buying, selling or processing a redemption of the Tax Liens, guarantee delivery of the Tax Liens, assess the creditworthiness of counterparties or provide any other assurances that a transaction will be consummated following the introduction of the counterparties. Further, Operator may accept a fee from both parties to any transaction related to the Tax Liens. You recognize and agree that acceptance of a fee from both parties by Operator is customary practice in the industry and does not represent a conflict of interest.
You acknowledge your awareness of the fact that the buying, selling, transfers and redemption of Tax Liens is regulated by the laws of the jurisdiction where the Tax Liens are issued, as well as by certain Federal laws, including but not limited to Bankruptcy laws. You further acknowledge that Operator has not and cannot counsel you on the laws effecting the buying, selling, redeeming or owning Tax Liens, the rights and responsibilities conveyed with Tax Liens, or the returns and terms associated with the transfer of Tax Liens.
You agree that you and your relevant counterparty will be wholly responsible for the settlement of each transaction between you and said counterparty and that you will not rely on Operator for any settlement of each transaction. Such transactions will be settled according to the terms and conditions of the written agreement between you and any counterparty and in accordance with all applicable laws and regulations.
All prices and fees on the Site are expressed in United States Dollars (USD).
In the event of a purchase, sale, redemption, including taking possession of the property title, transaction recorded for any Tax Liens using the Services on this Site, Operator shall be entitled to a transaction service fee (the “Fee”) from each counterparty involved in such transaction. All fees are outlined in Operator fee schedule. The Fee shall be due and payable on the date that any Tax Liens have been purchased or sold and the payment of the Fee by one party to the transaction shall not be contingent on the payment of the Fee by the other party, each such obligation to be independent from each other. You agree that if necessary you will provide Operator with the final details of all completed transactions relating to Tax Liens recorded using Services on this Site.
All Fees are exclusive of any sales tax for which the buyer and seller shall be additionally liable at the applicable rates from time to time (if applicable).
You shall not take any action to avoid Operator’s receipt of its Fee in connection with a transaction recorded on the Site.
12. Prohibited Use of Services
By using these Services you agree not to use the Service for any illegal purpose or in violation of any local, state, national, or international law, violate, or encourage others to violate, any right of a third party, including by infringing or misappropriating any third party intellectual property right, use the Services to market services, particularly investment advisory services, that might cause Operator to have to register as a broker dealer with the SEC, or to be treated as an underwriter.
Operator may at any time and at its sole discretion terminate your right to use this Site if Operator determines, in its sole discretion, that you have violated these Conditions of Use or any other agreement or policy posted on the Site or applicable to the Services provided here.
14. Exclusion of Liability and Indemnity
Except to the extent mandated by applicable law, Operator shall not be liable to you by reason of any representation or any implied warranty, condition, or other term, or any duty at common law, or under the express terms of these Conditions of Use, or any indirect, special or consequential loss (including loss of profit), damage, costs, expenses, or other claims (caused by negligence or otherwise of Operator or its employees) which arise out of or in connection with the provision of the nature of the services provided to you by the Operator. Notwithstanding anything else contained herein, the entire liability of Operator in connection with these Conditions of Use and the services provided hereunder shall not exceed the amount of fees charged to you by the Operator for the provision of services for the applicable transaction in question.
Operator shall not be liable to you or be deemed to be in breach of these Conditions of Use by reason of any delay in performing, or any failure to perform, any obligations in relation to the services provided by Operator, if the delay or failure was due to any cause beyond Operator’s reasonable control.
15. Delivery of Services
All services provided on this Site are delivered through electronic channel and available on this Site once you access your registered User Account.
In general the refund of Fees that you paid to Operator is only applicable in situations where the charge has accrued due to an error, such as a duplicate charge or an overcharge, or other. Operator will accept claim for refund during 60 days from the moment of Fee charged to you.
Operator will not refund in all cases where usage of the Site cannot be considered fair or can be classified as fraud. Operator may use all legal means available against fraudulent chargebacks, including contacting your credit card issuer, banking institution, or collection agency.
To obtain a refund you must contact [email protected] and provide transaction reference number or invoice number, date of transaction, amount in question and reason for the refund. Each claim will be reviewed separately and full or partial refund will be issued on Operator’s sole discretion, within 30 days from date of the claim.
17. License and Site Access
Operator grants you a limited license to access and use of this Site and not to download (other than page caching) or modify it, or any portion of it, except with express written consent of the Operator. This license does not include any resale use of this Site or its contents; any collection and use of any products and services listings, descriptions, or prices; any derivative use of this Site or its contents; any downloading or copying of account information for the benefit of another provider; or any use of data mining, robots, or similar data gathering and extraction tools. This Site or any portion of this Site may not be reproduced, duplicated, copied, sold, resold, visited, or otherwise exploited for any commercial purpose without express written consent of the Operator. You may not frame or utilize framing techniques to enclose any trademark, logo, or other proprietary information (including images, text, page layout, or form) of Site without express written consent. You may not use any meta tags or any other “hidden text” utilizing Operator name or trademarks without the express written consent of the Operator. Any unauthorized use terminates the permission or license granted by the Operator. You are granted a limited, revocable, and nonexclusive right to create a hyperlink to the home page of TaxLienDealer.com so long as the link does not portray Site, or its products or services in a false, misleading, derogatory, or otherwise offensive matter. You may not use any Operator logo or other proprietary graphic or trademark as part of the link without express written permission.
All content included on this Site, such as text, graphics, logos, button icons, images, audio or video clips, digital downloads, data compilations, and software, is the property of the Operator or its content and software suppliers and protected by United States and international copyright laws. The compilation of all content on this Site is the exclusive property of Operator and protected by United States and international copyright laws. All features used by the platform of this Site, including features for buying and selling tax liens, is the property of the Operator or its software suppliers and protected by United States and international copyright laws.
19. Governing Law
Any disputes arising between you and Operator, and any disputes between the parties involving a counter party matched or purportedly matched with you by Operator shall be resolved pursuant to good faith efforts by such disputing parties. The parties shall first attempt to resolve the dispute by means of negotiations between employees of each party who possess full authority to resolve said dispute. By visiting TaxLienDealer.com and using this Site services, you agree that the laws of the of State of California (United States), without regard to principles of conflict of laws, will govern these Conditions of Use and any dispute of any sort that might arise between you and Operator.
We may provide notices to you by sending them to the email address associated with your registered User Account and our notice sent to you by email will be deemed received when sent. Any notice you have for us must be sent to the address below or to such other address as we provide in a notice to you or on this Site.
Tax Lien Ventures, LLC
10 Cyril Magnin Street,
San Francisco, CA 94102
Email: [email protected]
Tel: +1 (415) 638 6162