Terms of Service

1. Acceptance of Terms

These Terms of Service ("Terms") govern your access to and use of the HomeBasis mobile application (the "App"), operated by HomeBasis ("we," "us," or "our"). By creating an account or using the App, you agree to be bound by these Terms. If you do not agree to these Terms, do not use the App.

2. Description of Service

HomeBasis is a mobile application designed to help homeowners track their home's adjusted cost basis for tax purposes. The App allows you to:

• Log capital improvements and associated costs
• Attach and store receipt images and documentation
• Categorize improvements according to IRS classification guidelines
• Estimate potential capital gains based on your records
• Export professional reports suitable for sharing with CPAs and tax professionals

HomeBasis is a record-keeping tool. It does not provide tax advice, legal advice, or financial advice. The information and estimates provided by the App are for informational purposes only and should not be relied upon as a substitute for professional tax or legal counsel.

3. Account Registration

To use the App, you must create an account using Sign in with Apple or email/password registration. You agree to:

• Provide accurate, current, and complete information during registration
• Maintain the security of your account credentials
• Promptly update your account information if it changes
• Accept responsibility for all activities that occur under your account
• Notify us immediately of any unauthorized use of your account

You must be at least 18 years old to create an account and use the App.

4. Acceptable Use

You agree to use the App only for its intended purpose of tracking your home's cost basis and related tax record-keeping. You agree not to:

• Upload illegal, fraudulent, or misleading content
• Attempt to gain unauthorized access to the App's systems or other users' accounts
• Reverse engineer, decompile, or disassemble the App
• Use the App for any purpose that violates applicable laws or regulations
• Interfere with or disrupt the App's servers or infrastructure

5. User Content and Data

You retain ownership of all data, documents, images, and other content you submit to the App ("User Content"). By submitting User Content, you grant us a limited, non-exclusive license to store, process, and display your content solely for the purpose of providing the App's services to you.

You are solely responsible for the accuracy and legality of your User Content. We do not verify, audit, or validate the financial or tax information you enter into the App.

6. Intellectual Property

The App and its original content (excluding User Content), features, and functionality are owned by HomeBasis and are protected by copyright, trademark, and other intellectual property laws. The HomeBasis name, logo, and all related names, logos, product and service names, designs, and slogans are our trademarks. You may not use these marks without our prior written permission.

7. Disclaimer of Warranties

THE APP IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

Without limiting the foregoing, we do not warrant that:

• The App will meet your specific requirements
• The App will be uninterrupted, timely, secure, or error-free
• The results or calculations obtained from the App will be accurate or reliable
• The IRS classification guidance provided by the App reflects current tax law or is applicable to your specific situation
• Any defects in the App will be corrected

You acknowledge that tax laws are complex and subject to change, and that the App's estimates, classifications, and calculations are approximations that may not reflect your actual tax obligations. You should consult a qualified tax professional before making any tax-related decisions.

8. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL HOMEBASIS, ITS OPERATORS, AFFILIATES, OR SERVICE PROVIDERS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM YOUR ACCESS TO OR USE OF (OR INABILITY TO ACCESS OR USE) THE APP.

This limitation applies regardless of the legal theory on which the claim is based, including negligence, breach of contract, or strict liability, and even if we have been advised of the possibility of such damages.

In no event shall our total liability to you for all claims arising from or related to your use of the App exceed the amount you paid us, if any, for access to the App during the twelve (12) months preceding the claim.

9. Indemnification

You agree to defend, indemnify, and hold harmless HomeBasis and its operators, affiliates, and service providers from any claims, damages, obligations, losses, liabilities, costs, or debt arising from your use of the App, your violation of these Terms, your violation of any third-party right (including intellectual property rights), or any content you submit through the App.

10. Termination

We may terminate or suspend your account and access to the App at our sole discretion, without prior notice, for conduct that we determine violates these Terms or is harmful to other users, us, or third parties, or for any other reason.

Upon termination, your right to use the App will immediately cease. You may request an export of your data prior to account termination through the App's built-in support feature. We will make reasonable efforts to provide your data in a standard format upon request, subject to applicable laws.

11. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of New York, without regard to conflict of law principles.

Any dispute arising from or related to these Terms or the App shall first be attempted to be resolved through informal negotiation. If informal resolution is not possible, the dispute shall be submitted to binding arbitration in accordance with the rules of the American Arbitration Association. You agree that any arbitration shall be conducted on an individual basis and not as a class action.

12. Changes to These Terms

We reserve the right to modify these Terms at any time. We will provide notice of material changes by posting the updated Terms within the App and updating the Effective Date. Your continued use of the App following any changes constitutes your acceptance of the revised Terms.

If you do not agree to the updated Terms, you must stop using the App and may request deletion of your account.

13. Miscellaneous

If any provision of these Terms is held to be unenforceable, the remaining provisions will remain in full force and effect. Our failure to enforce any right or provision of these Terms shall not be considered a waiver of that right or provision. These Terms constitute the entire agreement between you and HomeBasis regarding the App, superseding any prior agreements.