1. Introduction
Welcome to Rentsoft. These Terms of Service ("Terms") govern your access to and use of our services, including our website, mobile applications, and any other services we provide (collectively, the "Services"). By accessing or using our Services, you agree to be bound by these Terms.
2. Definitions
- "Rentsoft," "we," "us," or "our" refers to Rentsoft, a financial technology company providing flexible rent payment solutions and rewards to tenants in Kenya.
- "User," "you," or "your" refers to any individual or entity accessing or using our Services.
- "Tenant" refers to a user who uses our Services to manage and pay rent.
- "Landlord" refers to a user who uses our Services to manage property listings and receive rent payments.
3. Services Overview
Rentsoft offers a platform that facilitates:
- Flexible rent payment options starting from KES 100.
- Rent payment loans with installment repayment options.
- A mobile app for rent payments via M-Pesa, cards, or bank transfer.
- A free property management dashboard for landlords.
Rentsoft is not a bank. Banking services, including payment transfers to landlords, are facilitated by Kenya Commercial Bank (KCB), a financial institution regulated by the Central Bank of Kenya.
4. Eligibility
To use our Services, you must be at least 18 years old, have the legal capacity to enter into a binding agreement, and provide accurate registration details.
5. User Responsibilities
- Provide accurate and up-to-date information.
- Use the Services in compliance with applicable laws.
- Maintain the confidentiality of your account credentials.
- Notify us immediately of any unauthorized use of your account.
6. Rent Payment Loans
Eligible tenants may apply for rent payment loans. Loan eligibility is subject to Rentsoft's loan policies, including repayment terms and loan limits.
7. Fees and Charges
Rentsoft may charge fees for certain services. Any applicable fees will be disclosed before completing a transaction.
8. Third-Party Services
Our Services may link to third-party websites or services, such as KCB. Rentsoft is not responsible for their content, policies, or practices.
9. Limitation of Liability
Rentsoft shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the Services.
10. Indemnification
You agree to indemnify and hold harmless Rentsoft from any claims, damages, or expenses resulting from your use of our Services.
11. Termination
We reserve the right to suspend or terminate accounts for violations of these Terms.
12. Governing Law
These Terms are governed by the laws of the Republic of Kenya.
13. Changes to Terms
We may update these Terms from time to time. Continued use of our Services means you accept the updated Terms.
14. Contact Information
Email: info@rentsoft.co.ke
Address: Luqman Gas Station, Outer Ring Road, Embakasi, Nairobi, Kenya