🇳🇬 Legal Terms • Nigerian Law

Terms of Service | Open Renting Limited

Last Updated: 2024-01-01 • Open Renting Limited does not collect rent or deposit payments – all financial transactions are directly between landlord and tenant.

Legal Information

Company:Open Renting Limited

Registration:RC: 8981534

Jurisdiction:Nigeria

Governing Law:Nigerian Law

Open Renting Limited

Legal Terms of Service Agreement

Version 1.1.0 • Effective 2024-01-01

1. Introduction & Acceptance of Terms

Welcome to Open Renting Limited ("Platform", "we", "us", or "our"). These Terms of Service ("Terms") govern your access to and use of the Open Renting platform...

2. Definitions

- "Platform" refers to the Open Renting Limited website (www.openrentingltd.com), mobile applications, and related services. - "User" means any individual or entity that accesses or uses our Services...

3. Eligibility & Registration

To use our Services, you must: - Be at least 18 years old - Have the legal capacity to enter into binding contracts - Be a Nigerian citizen or legal resident with valid identification...

4. User Accounts & Responsibilities

We offer different account types: - Landlord Accounts: For property owners/managers - Tenant Accounts: For individuals seeking rentals...

5. Property Listings & Requirements

Listing Requirements: - Landlords must own or have legal authority to rent the property - Properties must be located within Nigeria...

6. Rental Transactions & Agreements

⚠️ Important: Open Renting Limited does not collect rent, security deposits, or any recurring rental payments. All financial transactions between landlords and tenants are handled directly between the parties...

7. Fees, Payments & Financial Terms

Service Fees (Payable to Open Renting Limited): - Platform usage fees may apply for certain services... ⚠️ No Rent or Deposit Collection...

8. Prohibited Activities

Users are strictly prohibited from: Illegal Activities: - Fraud, misrepresentation, or deception - Money laundering or terrorist financing...

9. Intellectual Property Rights

Platform Ownership: - All Platform content, features, and functionality are owned by Open Renting Limited - Protected by Nigerian copyright...

10. Privacy & Data Protection

We comply with the Nigeria Data Protection Regulation (NDPR) 2019 and other applicable data protection laws...

11. Limitation of Liability & Disclaimers

Platform as Intermediary: - We act solely as an intermediary between landlords and tenants for listing and communication - We do not own, sell, or rent properties...

12. Indemnification

You agree to indemnify, defend, and hold harmless Open Renting Limited... from any claims arising from: - Your use of or inability to use the Services...

13. Termination & Suspension

We may terminate or suspend your account and access to Services immediately, without prior notice or liability, for any reason...

14. Dispute Resolution

Governing Law: These Terms are governed by Nigerian law. Any disputes shall be subject to the exclusive jurisdiction of Nigerian courts...

15. Changes to Terms

We reserve the right to modify or replace these Terms at any time. If a revision is material, we will provide at least 30 days' notice...

16. Contact Information

For questions about these Terms, please contact us: Open Renting Limited, CT5/11 Ikpa Market, Nsukka, Enugu State, Nigeria...

Important Legal Notice

Open Renting Limited is an intermediary platform that connects landlords and tenants. We do not collect, hold, or process rent payments or security deposits. All such financial transactions are strictly between the landlord and tenant.

Acceptance of Terms

I agree to these Terms of Service

I acknowledge that Open Renting Limited does not collect rent or deposits.

Contact legal team

📞 Need Help?

Our legal team is available to answer questions about these Terms.

Email: support@openrentingltd.com

Phone: +234 913 898 0409

Response within 7 business days

🇳🇬 Open Renting Limited - Legal Compliance

Operating in compliance with Nigerian law across all 36 states. Registered with Corporate Affairs Commission (RC: 8981534) and compliant with Nigeria Data Protection Regulation (NDPR 2019). Open Renting Limited does not collect rent or deposit payments – all rental payments are directly between landlord and tenant.

Last Updated: 2024-01-01

Registered in Nigeria

NDPR Compliant