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Terms of Use

Effective Date: 03/01/2025

1. Introduction

Welcome to Dealockr (hereafter referred to as "the Platform"). By accessing or using our services, you agree to comply with and be bound by these Terms of Use. If you do not agree to these terms, you must not use the Platform.

2. Definitions

User: Any individual or entity that uses the Platform to initiate or complete transactions.
Escrow Service: The service provided by the Platform to hold funds in trust until predetermined conditions are met by the parties involved in a transaction.
Transaction: Any agreement or exchange of goods or services conducted through the Platform.

3. Acceptance of Terms

By creating an account or using the Platform, you confirm that you have read, understood, and agreed to these Terms of Use, our Privacy Policy, and any additional policies posted on the Platform

4. Eligibility

To use the Platform, you must be at least 18 years old and have the legal capacity to enter into contracts. If you are using the Platform on behalf of an organization, you represent that you have the authority to bind that organization to these Terms.

5. Account Registration

You must create an account to access certain features of the Platform.
You agree to provide accurate, current, and complete information during the registration process and to update your information as necessary.
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.

6. Use of the Platform

You agree to use the Platform only for lawful purposes and in accordance with these Terms.
You agree not to:

7. Escrow Transactions

When you initiate a transaction using the Escrow Service, you authorize the Platform to hold the agreed-upon funds until the conditions specified in the transaction agreement are fulfilled.
Both parties in a transaction must agree to the terms before funds are released.
The Platform is not a party to the transaction and is not responsible for the performance of any obligations by either party.

8. Fees

The Platform may charge fees for its services, which will be disclosed at the time of the transaction.
By using the Escrow Service, you agree to pay all applicable fees.
Fees are non-refundable unless otherwise stated.

9. User Responsibilities

You are responsible for ensuring that the content you provide is accurate and does not violate any laws or third-party rights.
You agree to comply with all applicable laws and regulations when using the Platform.

10. Dispute Resolution

In the event of a dispute between users, the Platform may act as a neutral facilitator but is not responsible for resolving disputes. Users are encouraged to resolve their differences directly.
If a resolution cannot be reached, users may seek to mediate the dispute or pursue legal remedies in accordance with applicable laws.

11. Limitation of Liability

To the fullest extent permitted by law, the Platform shall not be liable for any indirect, incidental, special, or consequential damages arising out of or in connection with your use of the Platform.
The Platform’s liability is limited to the maximum extent permitted by law.

12. Modifications to Terms

The Platform reserves the right to modify these Terms of Use at any time. Users will be notified of any significant changes, and continued use of the Platform after such changes constitutes acceptance of the new Terms.

13. Governing Law

These Terms shall be governed by and construed in accordance with the laws of Canada, without regard to its conflict of law principles.

14. Contact Information

If you have any questions about these Terms of Use, please contact us at:

  • Address: Dealockr
    120 Adelaide Street
    Suite 2500
    Toronto Ontario
    M5H 1T1
  • Email: support@dealockr.com