Terms & Conditions

Welcome to Verified.RealEstate. These Terms and Conditions ("Terms") govern your use of our platform and services. Please read them carefully as they affect your legal rights and obligations. By accessing or using this website, you acknowledge that you have read, understood, and agree to be bound by these Terms, our Privacy Policy, and other policies. If you do not agree to these Terms, please do not use our website or services.
Last Updated: 03-03-2025

General Terms of Use

By visiting and using this website, you acknowledge that you are bound by these Terms and applicable laws. Your access to and use of the services is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users, and others who access or use the service.

Use of this platform is limited to individuals aged 18 years and older. If you are under 18 years of age, you must only use the site under the supervision of a parent or guardian who agrees to these Terms on your behalf.

You agree not to misuse the platform or use it for any illegal activity, including but not limited to fraud, money laundering, or misrepresentation of any kind. Any such activity will result in immediate termination of your account and possible legal action, including claims for damages and losses.

While we strive to provide uninterrupted access to our platform and services, Verified.RealEstate does not guarantee 24/7 availability of the website or any associated services. We reserve the right to interrupt or restrict access to the platform for maintenance, upgrades, or for any reason deemed necessary by the company without prior notice.

We reserve the right to update or modify these Terms at any time. We will notify users by posting updated Terms on the website and revising the "Last Updated" date. It is the responsibility of users to regularly review these Terms. Continued use of our services after any such modifications constitutes acceptance of the updated Terms.

Services Overview

Users can browse and list properties available for sale, rent, or lease. All users listing properties must ensure that the information provided is accurate, up-to-date, and complete.

We provide architectural design services for residential, commercial, and industrial construction projects. All services are based on the information provided by the client. Design services may involve additional consultations and revisions based on the project’s complexity.

Our property management services encompass a range of tasks, including but not limited to collection and payment of utility bills, coordination of licenses, regular maintenance checks, and more.

Our escrow services are designed to ensure secure and transparent real estate transactions. Verified.RealEstate will act as a neutral intermediary in holding the funds until all terms of the agreement are fulfilled.

We facilitate leasing and renting office spaces across Chennai and Tamil Nadu. Users are encouraged to conduct their own site inspections and due diligence before entering into agreements.

Our platform allows landlords to list residential properties for rent and assists tenants in finding rental spaces. Verified.RealEstate acts solely as an intermediary and does not take responsibility for lease agreements or tenancy disputes that arise post-listing.

We provide tools, calculators, and guidelines based on the principles of Vastu Shastra. These tools are for informational purposes only, and we do not guarantee any material or spiritual outcomes.

We offer specialized real estate services for Non-Resident Indians (NRIs) to manage their property-related affairs, including purchase and sale of properties, tenant management, payment of utility bills and taxes, and security services.

Registration, Accounts, and User Conduct

Users may need to create an account to access certain features and services. During registration, you agree to provide accurate, current, and complete information.

We reserve the right to suspend or terminate accounts at our discretion if users violate these Terms or engage in any activity that is deemed illegal, fraudulent, or harmful to the platform or other users.

Users may not post false, misleading, or inaccurate property listings, use the platform for illegal activities, distribute spam, or infringe on intellectual property rights.

Payment Terms

All service fees and pricing are clearly disclosed at the time of engagement of services. Users are required to pay all applicable fees promptly. Refunds are offered under specific circumstances outlined in our refund policy.

We accept payments through credit/debit cards, bank transfers, and integrated third-party payment gateways. Users must ensure valid payment methods are used.

If payments are not made by the due date, Verified.RealEstate reserves the right to suspend services or charge late fees, which will be specified in individual service agreements. Users agree to be responsible for all legal fees, costs, and interest incurred due to non-payment or late payments.

Refunds are not offered unless explicitly stated for a particular service. For escrow services, refunds may only be issued if the agreement between both parties is voided before funds are disbursed. All refund requests must be submitted in writing within 14 days of the service in question.

Privacy and Data Usage

We collect personal data such as names, email addresses, and property information as necessary to provide our services. By using our platform, you consent to this collection.

We employ industry-standard security measures to protect your data. However, Verified.RealEstate is not liable for any data breaches caused by malicious attacks, negligence, or third-party failures.

We do not share personal data with third parties except for the purpose of providing services (e.g., payment processing, WhatsApp login integration via Plivo). For more information, please review our Privacy Policy.

Intellectual Property

All content, materials, tools, and services on Verified.RealEstate are the intellectual property of Verified.RealEstate or our licensors. Unauthorized use of this content is prohibited.

By posting content (such as property listings or reviews) on Verified.RealEstate, you grant us a worldwide, perpetual, royalty-free, and non-exclusive license to use, distribute, modify, and display this content.

Warranties and Disclaimers

Verified.RealEstate provides its platform and services "as is" without warranties of any kind, whether express or implied. We do not guarantee the accuracy, reliability, or suitability of any content, services, or tools available on the platform.

Our platform may contain content provided by third parties or links to third-party websites. Verified.RealEstate is not responsible for any third-party content or websites, and users interact with such content at their own risk.

Limitation of Liability

In no event shall Verified.RealEstate be liable for any indirect, incidental, consequential, or special damages, including but not limited to loss of profit, data, goodwill, or business opportunities arising from the use or inability to use our platform or services.

Our total liability for any claims arising out of the use of the platform or services shall not exceed the total fees paid by the user in the 6 months preceding the claim.

Indemnification

You agree to indemnify, defend, and hold harmless Verified.RealEstate, its directors, employees, and affiliates from and against any claims, losses, liabilities, and expenses (including legal fees) arising out of your violation of these Terms or your use of the platform and its services.

Termination of Services

We reserve the right to terminate or suspend your access to our services for any reason, including but not limited to violations of these Terms, failure to make timely payments, or engagement in illegal activities.

You may discontinue the use of our services at any time by terminating your account. Upon termination, any outstanding fees or charges shall remain payable.

Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes or legal actions arising from these Terms or your use of the platform shall be subject to the exclusive jurisdiction of the courts in Chennai, Tamil Nadu.

For disputes that cannot be resolved through negotiations, users agree to first attempt mediation or arbitration before pursuing legal action. The arbitration process will be conducted under the rules of the Indian Arbitration and Conciliation Act.

Referral Terms

  • The referral commission is based on the type of service availed and follows a structured percentage model.
  • If the session cookie is available at the time of order placement, the referrer will earn the full commission percentage as mentioned in the table below.
  • If the session cookie is not available, the commission is reduced to half of the respective percentage.
  • The session cookie remains valid for 1 week from the time the referral link is clicked.

Service Category Direct Referral Commission No Referral Tracking
Property Buying/Selling 1% of the transaction value 0.5% of the transaction value
EC, Patta, Certified Copy, Legal Opinion, Due Diligence 3% of total service fee 1.5% of total service fee
Residential Rentals Half-month rent Quarter-month rent
Office Space Rentals Half-month rent Quarter-month rent
Escrow Transactions 1% of escrow amount 0.5% of escrow amount
Building Plan Approvals, Layout Approvals, Regularisation 3% of total service cost 1.5% of total service cost
Construction Services 3% of total project value 1.5% of total project value

Note: Commission rates are subject to change. Please check the latest terms.

How Chain Referral Commission Works:

  • Referral commission decreases exponentially in chain referrals.
  • If a user was originally referred by one person but later places an order through another user’s referral link, the latest referrer will receive the commission.
  • Future commissions will also be attributed to the most recent referrer.

Example (₹1 Crore Transaction):

Referral Level Referrer Commission Percentage Commission Earned (₹)
Level 1 (Direct Referrer) User D 1% ₹1,00,000
Level 2 User C 0.5% ₹50,000
Level 3 User B 0.25% ₹25,000
Level 4 User A 0.125% ₹12,500
Level 5 & Beyond Above User A 0.0625%, then halves at each level ₹6,250, then continues decreasing

  • Any misuse of the referral system (e.g., self-referrals, fake accounts, fraudulent transactions) will result in cancellation of referral earnings.
  • Verified.RealEstate reserves the right to block users from further participation in the referral program.
  • Legal action may be taken if fraudulent activities are detected.
Miscellaneous

These Terms constitute the entire agreement between you and Verified.RealEstate concerning your use of the platform. Any prior agreements, communications, or understandings are superseded by these Terms.

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

Our failure to enforce any right or provision of these Terms shall not constitute a waiver of that right or provision.

Contact Information

If you have any questions regarding these Terms, please contact us at:

Email: [email protected]
Phone: +91 9996 12 9996
Address: 3/350/2 Mettukuppam, OMR Thoraipakkam, Chennai, India