1. Introduction

Welcome to Nearhood, your friendly neighborhood application aimed at bolstering community ties by facilitating meaningful interactions and secure transactions. By choosing to access or make use of the Nearhood App ("App"), you are implicitly agreeing to accept, adhere to, and be bound by the stipulated terms and conditions delineated below ("Terms").

2. Key Definitions

• “App” is defined as the Nearhood application which can be accessed either through mobile or web platforms.
• “User” is a term used to denote any individual who either accesses or uses the App.
• “Service” pertains to the variety of features and functionalities that the App provides to its users.

3. App Usage Parameters

All users must have attained at least the age of 18 years to utilize the App. By choosing to use the App, you are confirming that you fulfill this age criterion.

4. Monetary Transactions and Payments

The App integrates certain payment functions for the convenience of its users. While engaging in monetary transactions:

• Exercise caution to ensure that the correct amount is being sent to the intended recipient.
• Be aware that any completed payments may be irreversible, with exceptions only in specific cases.
• To enhance security, always transact using a trusted and secure Wi-Fi connection or cellular data.

5. User-Generated Content

Users have the liberty to post or disseminate content via the App. All such content:

• Should be genuine and free from any misleading, harmful, or prejudiced information.
• Is the intellectual ownership of the user who shares it, retaining all related rights.
• Must uphold the tenets of privacy, avoiding the inclusion of personal details unless explicit permission is obtained.

6. Privacy Assurances

Your privacy is of utmost importance to us. For a comprehensive understanding of our practices concerning user data management, kindly consult our Privacy Policy.

7. Restrictions on Liability

Neither Nearhood nor any of its affiliated entities shall bear liability for:

• Any form of damages, whether they are direct, indirect, special, incidental, consequential, or punitive in nature.
• Any losses that might be incurred, be it profits, data, goodwill, usage, or any other form of intangible setbacks.
• These restrictions on liability are valid irrespective of whether we have been made aware of potential damages.

8. Suspension or Termination Rights

Nearhood retains the unequivocal right to either suspend or terminate your App access if there's a breach of these Terms or if deemed necessary for any other justifiable reason.

9. Amendments to the Terms

We hold the authority to bring about modifications to these Terms as and when required. Such changes will become effective immediately upon their display within the App or via any other notification method.

10. Applicable Law

The content and interpretation of these Terms are strictly governed by the prevailing laws of India, with no influence from its potential conflict of law principles.

11. Mechanism for Dispute Settlement

All disputes that may arise due to these Terms or during the App's usage will be settled through binding arbitration taking place in Ahmedabad, conforming to the Arbitration conciliation Act of 1996.

12. Reaching Out

For any queries, feedback, or concerns related to these Terms, you're encouraged to communicate with us at Cord4tech@gmail.com.