Terms and Conditions for Padlock Home Title LLC

Welcome to Padlock Home Title LLC. By using our title protection services, you agree to abide by the following terms and conditions. These Terms are designed to prevent fraudulent transactions and ensure the integrity of our Services.

1. Definitions

1.1. Client: Any individual or entity utilizing the Company; Services.

1.2. Fraudulent Transaction: Any recorded transaction involving misrepresentation, deceit, or criminal deception intended to result in financial or personal gain.

1.3. Title: Legal ownership of property.

2. Scope of Services

2.1. The Company provides title protection services to safeguard Clients from (recorded) fraudulent transactions.

2.2. The Services include title searches and monitoring for suspicious activities.

3. Client Responsibilities

3.1. Accurate Information: Clients must provide accurate, current, and complete information when utilizing the Services.

3.2. Notification of Changes: Clients must promptly notify the Company of any changes to their information.

3.3. Due Diligence: Clients must perform due diligence to verify the legitimacy of any recorded transactions involving their property.

4. Company Responsibilities

4.1. Title Searches: The Company will conduct thorough title searches to identify potential Issues.

4.2. Monitoring: The Company will monitor title records for suspicious activities continuously.

4.3. Fraud Prevention: The Company will implement measures to detect and prevent recorded fraudulent transactions.

5. Fraud Prevention Measures

5.1. Verification Procedures: The Company will use various methods to verify the authenticity of transactions, including identity verification and document authentication.

5.2. Suspicious Activity Reports: The Company will report any suspicious activities to the client promptly upon being recognized.

5.3. Transaction Alerts: Clients will receive alerts for any transactions involving their property.

6. Client Cooperation

6.1. Compliance: Clients must comply with all requests for information and documentation necessary to verify transactions.

6.2. Investigation Support: Clients must cooperate with investigations into suspected fraudulent activities.

7. Liability

7.1. Limitation of Liability: The Company is not liable for losses resulting from fraudulent transactions that occur despite implementing its fraud prevention measures.

7.2. Indemnification: Clients agree to indemnify and hold the Company harmless from any claims arising from their failure to comply with these Terms.

8. Dispute Resolution

8.1. Mediation: In the event of a dispute, the parties agree to first attempt to resolve the issue through mediation.

8.2. Arbitration: If mediation fails, the dispute will be resolved through binding arbitration under the rules of [Arbitration Association].

9. Termination

9.1. Termination by Client: Clients may terminate their use of the Services at any time by providing written notice to the Company.

9.2. Termination by Company: The Company reserves the right to terminate servicess to any Client who violates these Terms or engages in fraudulent activities.

10. Amendments

10.1. The Company reserves the right to amend these Terms at any time. Clients will be notified of any significant changes.

11. Governing Law

11.1. These Terms are governed by and construed under the laws of Arizona.

12. Contact Information

12.1. For any questions or concerns regarding these Terms, please contact us at:

Padlock Home Title

1-877-315-9655

Support@padlocktitle.com