TERMS & CONDITIONS

TERMS OF SERVICE

Effective from: 12/15/2025

These Terms of Service (the “Terms”) constitute a legally binding agreement between Nearsite and Users. These Terms will be effective upon your acceptance of the same (directly or indirectly in electronic form or by means of an electronic record) and will govern the relationship between us and you for the use of our Website https://www.nearsite.com/ (“Website”), applications and other offerings from Nearsite (hereinafter together referred to as the “Platform”). The Platform is owned and operated by Real Estate Innovators (“Company”), having its registered office at 300 Witherspoon St, Princeton NJ 08542.

About Nearsite:

Nearsite offers a platform that enables owners & operators of goods and services like temporary housing, furniture & houseware (“Providers”) to connect with corporates or agents (“Purchaser”) seeking temporary housing, furniture & houseware, or any ancillary service (“Services”) for their employees, customers, contractors, vendors, and other affiliated individuals, end users (collectively, “Guest”). Nearsite operates as a procurement platform, facilitating custom requests (“Request”) from Purchaser and bids (“Proposal”) from Providers.

Acceptance of Terms:

Your use of the Platform and Services and tools is governed by the following Terms as applicable to the Platform, including the applicable policies, which are incorporated herein by way of reference. If you transact on the Platform, you shall be subject to these Terms as well as the policies that are applicable to the Platform for such transactions.

ACCESSING, BROWSING, OR OTHERWISE USING THE PLATFORM INDICATES YOUR AGREEMENT TO ALL THE TERMS AND CONDITIONS UNDER THESE TERMS, SO PLEASE READ THE TERMS CAREFULLY BEFORE PROCEEDING. By accepting these Terms, you also accept and agree to be bound by our Policies (including but not limited to the Privacy Policy) as amended from time to time. If you do not agree with anything provided herein, please do not use or access our Platform and/or Services.

We may update and change our site from time to time. Further, we may change, suspend, and/or discontinue the Services at any time, including the availability of any feature, database, and content on the Platform. We may also restrict users’ access to parts and/or all of the Services without notice and/or liability to the users.

Using Nearsite as Purchaser:

  1. Upon receiving the booking confirmation, a contract (referred to as a “Booking”) is established directly between Purchaser and Provider. By completing a Booking, you are consenting to the terms outlined in the contract. These terms encompass those Terms, along with all terms specified within the Booking, including but not limited to the cancellation policy and any other regulations, standards, policies, or requirements indicated in the proposal or by the Provider, that pertain to the Booking and delivery/use of goods and services.

  2. As an Agent or Purchaser, you are responsible for setting the price you are going to quote to your end-users, as well as any other fee arrangements you may have in place. You are responsible for ensuring that you do not violate any contracts, legislations or policies in how you set prices and use the platform to conduct your business and deliver goods and services.

  3. A Booking constitutes a limited license to utilize the goods or is granting you and the intended users the right to enter, occupy, and utilize the Accommodation during your stay. The Provider reserves the right to re-enter the Accommodation as needed, provided it is reasonably necessary, permitted by your contract with the Provider, and allowed by applicable law. In the event of overstaying past the checkout time, the Provider reserves the right to request your departure in accordance with applicable law, including imposing reasonable overstay penalties. Please ensure that you adhere to the maximum number of allowed Guests as specified by the Provider. Exceeding this limit is not permitted.

  4. In the event of any issues or concerns regarding a Booking, Guests are encouraged to contact us at info@nearsite.com for assistance. Our team is available to help resolve any disputes or address any problems that may arise during the Booking and Post Booking process. We reserve the right to intervene in Booking issues or disputes between Guests and Providers if necessary to ensure fair and equitable resolution.

Modify your Booking:

You may request modifications to your Bookings, such as changes to travel dates, inventory, or the number of guests, subject to Provider approval. We will assist Guests in communicating with Providers to facilitate Booking modifications. However, Providers have the final say in approving or rejecting modification requests. Any changes to Bookings may be subject to additional fees or charges as determined by the Provider.

Cancelling your Booking:

When booking through the Platform, Purchaser is subject to the cancellation policies established by Providers for their proposal. Providers have the autonomy to define their own cancellation terms, which may include options for fully refundable, partially refundable, or non-refundable Bookings. Additionally, we may provide Providers with the option to quote a higher price for cancellable Bookings, affording Purchaser the flexibility to cancel their Booking while compensating Providers for the increased risk of potential cancellations. The purchaser is responsible for familiarizing themselves with the specific cancellation deadlines and conditions outlined by the Provider at the time of Booking and must adhere to these policies to qualify for any applicable refunds or credits. It is important to note that we shall not be held liable to the Member for any losses arising from such cancellation.

Your Responsibilities:

As a user of the Nearsite Platform, you agree and understand that our Platform primarily serves as a discovery, booking, and payment tool. While the Platform facilitates the process of finding and securing Services, it does not directly provide any physical amenities or goods. Instead, our Platform streamlines the Booking and post booking experience, offering a seamless interface for users to explore and reserve Accommodations tailored to their needs. We prioritize efficiency and convenience, ensuring a smooth experience from search to Booking, while leaving the provision of amenities to the individual Providers listed on our Platform.

USING NEARSITE AS A Provider

Right to Use the Platform:

  1. As a Provider, Nearsite grants you the right to utilize the Platform in compliance with these Terms to showcase your services - all while earning revenue. Creating a proposal is straightforward, and you retain authority over your proposal preferences, including setting pricing, availability, and regulations.

Your Proposal:

  1. Creating and Managing Proposal:

    Your proposal should provide comprehensive and accurate details about your services. It is your responsibility to maintain accurate information, including availability and photos. Additionally, securing appropriate insurance for your Services is essential.

  2. Booking Confirmation:

    When you accept a Booking request through the Platform, you are entering into a direct contract with the Purchase. As a Provider, it is your responsibility to deliver the agreed-upon Service under the terms and at the price specified in your proposal. Additionally, by accepting Bookings, you agree to pay applicable fees, such as Nearsite’s platform fee (and any applicable taxes), for each Booking. The Platform will temporarily hold the funds and deduct the owed amounts from your payout.

Your Responsibilities:

  1. You are accountable for adhering to all relevant laws, regulations, and contractual agreements with third parties concerning your services. Any information provided by us regarding legal requirements is for informational purposes only, and it’s your responsibility to independently verify your obligations. Additionally, you must handle and use the personal data of Guests and others in compliance with applicable privacy laws and our privacy standards outlined in the Privacy Policy.

  2. You are accountable for your actions and inactions, as well as for those of anyone you permit to partake in delivering your services. It’s your responsibility to determine your pricing and establish rules and requirements for your proposal. Any fees and charges must be clearly described in your proposal, and you are prohibited from collecting any additional fees or charges outside the Platform unless expressly authorized by us. Furthermore, you must refrain from encouraging Purchaser or Guest to engage in activities outside the Platform, such as creating third-party accounts, submitting reviews, providing contact information, or taking other actions that contravene our Terms.

Relationship:

  1. You’re an independent individual or business with the Platform, not an employee or partner. The Platform simply helps collect payments but doesn’t control your goods or services. You decide when and how to offer your goods and services, including pricing and terms.

Modify your Booking:

  1. Providers and Purchasers are responsible for any Booking modifications made via the Platform. Both parties agree to pay any additional amounts, fees, or taxes associated with such modifications.

Cancellation and Booking Issues:

  1. In the event of a cancellation by a Purchaser, the amount refunded to you is determined by the applicable cancellation policy for that Booking.

  2. In certain jurisdictions, tax regulations may require the Platform to collect and/or report tax information about you, withhold taxes from payouts to you, or both. We may issue invoices or similar documentation for taxes on your behalf to facilitate accurate tax reporting.

USER CONTENT

  1. In your use of the Platform, you may upload, post, provide, publish, display, link to, or otherwise make information necessary for the Services available via the Platform (collectively “User Content”). You grant us a worldwide, irrevocable, non-exclusive, royalty-free license to use, reproduce, store, adapt, publish, translate, and distribute User Content within the scope of the Platform’s functionalities.

  2. If User Content includes personal information, such User Content will only be used for these purposes if such use complies with applicable data protection laws in accordance with our Privacy Policy.

  3. You represent and warrant that you have ownership, control, and responsibility for the User Content you post or otherwise make available on our Platform, or otherwise have the right to do so. Your User Content must not be misleading or unlawful, and must not violate any of these Terms, applicable laws, and regulations, or infringe or misappropriate any rights of any person or entity. We may remove your User Content at any time, at our sole discretion, if we have a concern about your User Content.

PLATFORM SERVICE CHARGE

  1. Nearsite may impose fees on both Providers and Purchasers for accessing and utilizing its Platform. Any applicable fees are disclosed to the Provider prior to proposal submission and to Purchaser before Booking. Unless specified otherwise on the Nearsite Platform, service fees are non-refundable.

    1. Nearsite reserves the right to revise the platform or service fee at its sole discretion, and any such revisions shall be reflected prior to future transaction payments.

  2. Agents may apply a markup or service fee when offering their services to their End Users or Customers. Nearsite is not responsible for verifying or remitting Agent mark-ups and does not assume liability for any non-payment or misrepresentation related to such mark-ups.

  3. You agree and understand that we use Stripe/other payment providers as a provider of payment gateway services on the Platform. You acknowledge that any payment made on the Platform shall also be subject to the terms and conditions of Stripe/other payment providers. You agree and acknowledge that in the future, we may utilise the services of other payment services providers and you shall be subject to their terms and conditions as and when applicable.

  4. Payments will be disbursed one week after the Guest checks in or per stated accounts payable policies. In cases where rent is collected monthly, disbursement to the Provider will occur one week after the collection.

  5. Users agree and understand that they shall not request, make, or accept a Booking or any payment outside of the Nearsite Platform to avoid paying fees, taxes, or for any other reason unless expressly authorized by us.

  6. By accepting these Terms, you expressly authorize us and our payment service providers to electronically collect, process, facilitate, and remit payments, including the transaction amount, through electronic means between users on the Platform. It is essential to understand that your relationship with us is based on a principal-to-principal arrangement. By accepting these Terms, you acknowledge that the Platform operates as a medium, with no control or liability for the Services listed on our Platform and paid for through our payment facility. The Platform does not guarantee the identity of any user and does not ensure the completion of transactions between parties.

  7. We disclaim any responsibility and liability for any loss or damage incurred by users during the utilization of available payment methods on the Platform.

DAMAGE CLAIM POLICY

  1. Nearsite encourages Service Providers to resolve damage claims directly with Customers, Agents or End Users, Guests (as the case may be). Service Providers may submit a damage claim to Nearsite if they believe that their Offerings, or any associated items, have been damaged, lost, or misused during a Customer’s or End User’s use. The relevant Customer or End User will be notified and given an opportunity to respond to the claim. Nearsite will not be responsible.

  2. For bookings made through Agents, Agents are responsible for managing damage claims with their End Users. Agents must ensure that their End Users are aware of their responsibilities and obligations regarding damages, losses, and misuse of the Offerings. Nearsite is not responsible for disputes between Agents and their End Users.

  3. Service Providers determine the terms, amounts, and procedures for Damage Claims applicable to their Offerings. However, such policies must comply with the applicable laws and regulations and must be reasonable. Upon submission of a claim, Nearsite may request evidence from the Service Provider or Agent to substantiate the claim. Nearsite may facilitate the collection of amounts from the Customer or End User via the Platform, including by charging the payment method used for the booking or rental, where applicable. Nearsite may also pursue recovery using available legal remedies if necessary.

  4. You agree and acknowledge that Nearsite will not be liable to pay any compensation or damages to either party in the event of property damage or loss. Further, Nearsite shall not be obligated to facilitate settlements and it shall not be personally liable for such payments.

USER REPRESENTATIONS

By using the Platform, you represent and warrant that:

  1. all the information you submit will be true, accurate, current, and complete;

  2. you will maintain the accuracy of such information and promptly update such information as necessary;

  3. you have the legal capacity and you agree to comply with these Terms;

  4. Your use of the Platform shall be solely for your own purposes and you shall not authorise others to use your Account;

  5. If you register on our Platform as the representative of any entity, you represent that you are authorized to act on behalf of such entity and that such entity shall be bound to comply with these Terms upon your acceptance of these Terms;

  6. you will not use the Platform for any illegal or unauthorized purpose; and

  7. your use of the Platform will not violate any applicable law or regulation.

CHAT & EMAIL ABUSE AND THREAT POLICY

  1. Private communication, including email correspondence, conducted by Members is not directly regulated by us. We strongly encourage our users to maintain a professional, courteous, and respectful tone when communicating via chat or email. While we generally do not intervene in private communications, we will thoroughly investigate and take appropriate action against certain types of unwanted emails that violate any or all of our policies, or where needed to ensure a smooth experience across the Platform.

  2. One such violation includes without limitation, spoof (fake) emails. It is essential to note that we will never request sensitive information from you through email. If you ever receive a spoof email claiming to be from us and asking for sensitive information, we urge you to promptly report it to us on info@nearsite.com for further investigation and necessary action.

INTELLECTUAL PROPERTY RIGHTS

  1. The Platform, Services and all rights therein are and shall remain the property of the Company or its licensors. Neither these Terms nor your use of the Platform and Services convey or grant to you any rights: (i) in or related to the Platform and Services except for the limited license granted above; or (ii) to use or reference in any manner the Company’s company names, logos, product and service names, trademarks, or service marks, or those of the Company’s licensors.

  2. You shall not reproduce, modify, create derivative works, distribute, license, lease, sell, resell, transfer, publicly display, publicly perform, transmit, stream, broadcast, or otherwise exploit the Platform and/or Services except as expressly permitted by the Company.

AVAILABILITY OF THE PLATFORM

  1. While we do our best to keep the Platform up and running all the time, we can’t promise it will always be perfect. Sometimes, there might be interruptions, delays, or errors, or the Platform might not be free of viruses. If there are any problems, we’ll try our best to fix them as soon as possible.

  2. We’re not liable for any business losses or other indirect losses you might experience while using the Platform.

PRIVACY POLICY

The terms relating to the collection of information from you, security, access to, and transfer of your data or information are governed by our Privacy Policy.

TERMINATION

  1. These legal Terms shall remain in full force and effect while you use the Platform and/or Services. WITHOUT LIMITING ANY OTHER PROVISION OF THESE LEGAL TERMS, WE RESERVE THE RIGHT TO, IN OUR SOLE DISCRETION AND WITHOUT NOTICE OR LIABILITY, DENY ACCESS TO AND USE OF THE SERVICES AND/OR PLATFORM (INCLUDING BLOCKING CERTAIN IP ADDRESSES), TO ANY PERSON FOR ANY REASON OR FOR NO REASON, INCLUDING WITHOUT LIMITATION FOR BREACH OF ANY REPRESENTATION, WARRANTY, OR COVENANT CONTAINED IN THESE LEGAL TERMS OR OF ANY APPLICABLE LAW OR REGULATION. WE MAY TERMINATE YOUR USE OR PARTICIPATION IN THE SERVICES OR DELETE YOUR ACCOUNT AND ANY CONTENT OR INFORMATION THAT YOU POSTED AT ANY TIME, WITHOUT WARNING, IN OUR SOLE DISCRETION.

  2. Users have the liberty to terminate their Accounts whenever they wish by adhering to the instructions that are clearly outlined on the Platform.

  3. Clauses including Indemnity, Disclaimer, and Limitation of Liability shall survive termination of these Terms.

MODIFICATIONS AND INTERRUPTIONS

We reserve the right to change, modify, or remove the contents of the Platform at any time or for any reason at our sole discretion without notice. However, we have no obligation to update any information on our Platform. We cannot guarantee that the Services will be available at all times. We may experience hardware, software, or other problems or need to perform maintenance related to the Platform, resulting in interruptions, delays, or errors. We reserve the right to change, revise, update, suspend, discontinue, or otherwise modify the Services at any time or for any reason without notice to you. You agree that we have no liability whatsoever for any loss, damage, or inconvenience caused by your inability to access or use the Platform during any downtime or discontinuance of the Platform. Nothing in these legal Terms will be construed to obligate us to maintain and support the Platform or to supply any corrections, updates, or releases in connection therewith.

DISCLAIMER

THE SERVICES ARE PROVIDED ON AN AS-IS AND AS-AVAILABLE BASIS. YOU AGREE THAT YOUR USE OF THE SERVICES WILL BE AT YOUR SOLE RISK. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, IN CONNECTION WITH THE SERVICES AND YOUR USE THEREOF, INCLUDING, WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE MAKE NO WARRANTIES OR REPRESENTATIONS ABOUT THE ACCURACY OR COMPLETENESS OF THE SERVICES’ CONTENT OR THE CONTENT OF ANY WEBSITES OR MOBILE APPLICATIONS LINKED TO THE SERVICES AND WE WILL ASSUME NO LIABILITY OR RESPONSIBILITY FOR ANY (1) ERRORS, MISTAKES, OR INACCURACIES OF CONTENT AND MATERIALS, (2) PERSONAL INJURY OR PROPERTY DAMAGE, OF ANY NATURE WHATSOEVER, RESULTING FROM YOUR ACCESS TO AND USE OF THE SERVICES, (3) ANY UNAUTHORIZED ACCESS TO OR USE OF OUR SECURE SERVERS AND/OR ANY AND ALL INFORMATION AND/OR FINANCIAL INFORMATION STORED THEREIN, (4) ANY INTERRUPTION OR CESSATION OF TRANSMISSION TO OR FROM THE SERVICES, AND (5) ANY BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE WHICH MAY BE TRANSMITTED TO OR THROUGH THE SERVICES BY ANY THIRD PARTY. WE WILL NOT BE A PARTY TO OR IN ANY WAY BE RESPONSIBLE FOR MONITORING ANY TRANSACTION BETWEEN YOU AND ANY THIRD-PARTY PROVIDERS OF PRODUCTS OR SERVICES. AS WITH THE PURCHASE OF A PRODUCT OR SERVICE THROUGH ANY MEDIUM OR IN ANY ENVIRONMENT, YOU SHOULD USE YOUR BEST JUDGMENT AND EXERCISE CAUTION WHERE APPROPRIATE.

LIMITATION OF LIABILITY

  1. We bear no responsibility for any secondary, resultant, or incidental harm that may occur due to the utilization or inability to utilize the Platform and/or Services.

  2. In no event will we or our directors, employees, or agents be liable to you or any third party for any direct, indirect, consequential, exemplary, incidental, special, or punitive damages, including lost profit, lost revenue, loss of data, or other damages arising from your use of the Platform and/or Services, even if we have been advised of the possibility of such damages.

  3. We shall not be liable for:

    1. Unsuccessful transactions, delays, or financial losses due to events beyond our control or third-party services;

    2. The Platform not meeting individual requirements, containing defects, or causing damage due to cyber attacks or other breaches beyond our control;

    3. Internet transmissions not being entirely private or secure; messages may be read by others; and/or

    4. Under various legal theories, we shall not be liable for loss of profits, revenue, goodwill, or any indirect or consequential damages arising from the use of the Platform and/or Services. Users should be aware of potential risks in internet transmissions.

INDEMNIFICATION

You agree to defend, indemnify, and hold us harmless, including our subsidiaries, affiliates, and all of our respective officers, agents, partners, and employees, from and against any loss, damage, liability, claim, or demand received or suffered by us, including reasonable attorneys’ fees and expenses, made by any third party due to or arising out of (1) your contributions; (2) your use of the Platform; (3) breach of these Terms; (4) any breach of your representations and warranties set forth in these Terms; (5) your violation of the rights of a third party, including but not limited to intellectual property rights; or (6) any overt harmful act toward any other user of the Platform with whom you connected via the Platform. Notwithstanding the foregoing, we reserve the right, at your expense, to assume the exclusive defence and control of any matter for which you are required to indemnify us, and you agree to cooperate, at your expense, with our defence of such claims. We will use reasonable efforts to notify you of any such claim, action, or proceeding that is subject to this indemnification upon becoming aware of it.

DISPUTE RESOLUTION AND GOVERNING LAW

  1. These Terms shall be construed in accordance with the applicable laws of the state of New Jersey, United States.

  2. If any dispute or claim arises from or in connection with (i) these Terms, (ii) your access to or use of our Platform and/or Services, the relevant parties shall resolve the dispute through amicable negotiations.

  3. In the event that the dispute is not resolved through amicable negotiations, you agree to submit the dispute to the American Arbitration Association (“AAA”) for determination. The arbitral proceedings shall be conducted in accordance with the Commercial Arbitration Rules and the Supplementary Procedures for Consumer-Related Disputes (the “AAA Rules”) then in effect.

MISCELLANEOUS

  1. No Waiver. Nearsite’s failure to enforce any right or provision in these Terms will not constitute a waiver of such right or provision unless acknowledged and agreed to by us in writing. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise permitted under law.

  2. Assignment. You may not assign, transfer, or delegate this agreement or your rights and obligations hereunder without Nearsite’s prior written consent. Nearsite may without restriction assign, transfer or delegate this agreement and any rights and obligations hereunder, at its sole discretion, with 7 days’ prior notice.

  3. Force Majeure. Nearsite shall not be liable for any delay or failure to perform resulting from abnormal and unforeseeable circumstances outside its reasonable control, the consequences of which would have been unavoidable despite all efforts to the contrary, including, but not limited to, acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemics, epidemics or disease, strikes or shortages of transportation facilities, fuel, energy, labor or materials.

  4. Contact Us. If you have any questions about these Terms please email us at info@nearsite.com