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Terms and Conditions - License to Resell

FastPropertyData.com, LLC makes no representation or warranties about the accuracy or adequacy of these reports.

Although every reasonable effort has been made to ensure the accuracy of the information provided, FastPropertyData.com, LLC cannot be held responsible for any consequences resulting from any omissions or errors contained herein. FastPropertyData.com, LLC assumes no liability whatsoever associated with the use or misuse of this data. Your purchase of foreclosure data or services from FastPropertyData.com, LLC constitutes acceptance of this policy.

YOU SHOULD CONDUCT YOUR OWN DUE DILIGENCE!!!

At FastPropertyData.com, LLC we go to great lengths to error check and correct the data that we obtain from the Public Trustee of each county. This involves crosschecking the data with public records, performing hundreds of manual error corrections, and making several phone calls to Public Trustee offices each week.

However, on the average, we receive more than 600 new records per week and the number of errors that we find each week can total more than 150. The records that are not consistent with the Public Trustee are indicated in the "TextUpdates" document that is linked in the weekly email that each customer receives (and sometimes also included in the actual text of the e-mail). This "TextUpdates" file is extremely important and must be read each week.

FastPropertyData.com, LLC provides data as quickly as possible after the Public Trustees make the new NEDs public and after the public auctions. There may be slight delays between when these records are filed by the Public Trustee and when they are included in your lists. For example, an NED may be filed in Arapahoe County on a Thursday but the record is not included in our list until the next Wednesday. Or a sale may happen in Summit County on Friday but the results are not included in our list until the next Wednesday. In addition, there may be some other delays due to Public Trustee policies, weather, Public Trustee software issues, availability of data, etc.  FastPropertyData.com, LLC cannot be held responsible or liable for any losses or damages due to delays of data.

IMPORTANT: With a License to Resell Data from FastPropertyData.com, LLC, you are allowed to resell the data purchased under the license at no less than 90% of the price stated on FastPropertyData.com, LLC's website (www.FastPropertyData.com/ForeclosureLists.htm) for single-use licenses.  Furthermore, the recipients of the resold data must agree with you that they will not redistribute or resell this data as it is for the end use of ONE Individual (see the next paragraph for a definition of an "Individual").

Your license will allow you to resell the data purchased under the license to up to and including the total number of individuals defined in the license.  An "Individual" in this case is defined as ONE person or legitimate entity.  A legitimate entity is defined as a company or partnership in which the use of the data received directly or indirectly from FastPropertyData.com, LLC benefits the entire entity.  As an example, usage by a Realty Brokerage would be appropriate only if the leads generated were shared equally among all Realtors in the brokerage.  If each Realtor were to use the list for to generate his/her own leads, each Realtor would be considered a separate "Individual".  Similarly, partners working the Foreclosure List together and sharing the profits (and costs) resulting from its use are considered one legitimate entity or "Individual".

Under this license, you are required on a monthly basis to notify FastPropertyData.com, LLC of actual license usage.  Averaging within the prior month is allowed (e.g. with a license to resell to 3-5 individuals, you may resell to 4 individuals for two weeks and 6 individuals for two weeks, averaging 5 individuals for the month).  Notification may be by e-mail, fax or phone in a format agreeable to the licensee (see www.FastPropertyData.com/ContactUs.htm for contact information).  Notification must be received within 5 business days of the monthly license anniversary.  Refunds will be granted if actual usage is below the license amount.  Likewise additional payment will be required if actual usage is above the license amount.

Neither those holding the License to Resell Data nor those receiving the resold data will have access to FastPropertyData.com, LLC's Historical Database.

If any customer is found to be in violation of this policy, including reselling the data to more individuals than defined in the purchased license, their service will be immediately terminated and all subscription fees forfeited. We reserve the right to occasionally include test data in our weekly list to check for violations of this policy.

 


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Last modified: 9/16/09