Terms And Conditions
1. Definitions
– “Website” means the bank auction property listings website.
– “User” means any individual or entity using the Website.
– “Properties” means the bank auction properties listed on the Website.
– “Listings” means the property listings on the Website.
– “PMS Services” means the property management services provided by the Website.
2. ACCEPTANCE
By using the Website, the User acknowledges that they have read, understood, and agreed to be bound by these Terms and Conditions.
3. PROPERTY LISTINGS
– Listings are provided by third-party sources, including banks and financial institutions.
– The Website does not guarantee the accuracy or completeness of the Listings.
– The Website is not responsible for any errors or omissions in the Listings.
4. AUCTION PROCESS
– Auctions are governed by the terms and conditions of the respective bank or financial institution.
– The Website is not responsible for the conduct of auctions or the sale of Properties.
– Users must comply with the terms and conditions of the auction, including but not limited to:
– Registration requirements
– Payment terms
– Bidder eligibility
5. COMMISSION PAYABLE
5.1 Commission shall be paid as per bank/NBFC guidelines.
5.2 PMS Services shall pass on commission paid by banks, without liability for delays or failures.
5.3 PMS Services is not liable for rejected claims/payment from banks/NBFC.
5.4 User indemnifies PMS Services against claims, damages, or losses arising from the commission payment process.
6. DISCLAIMER
The Website disclaims all liability for damages or losses arising from:
– Use of the Website
– Reliance on the Listings
– Participation in auctions
– Purchase or sale of Properties
– Payment of commission
7. CHANGES
The Website reserves the right to modify or update these Terms and Conditions at any time without prior notice.