Looptrex Terms of Service

These Terms of Service (“Terms”) govern your access to and use of the Looptrex website, mobile application, and related services (collectively, the “Service”). By accessing or using the Service, you agree to be bound by these Terms and the Looptrex Privacy Policy. If you do not agree, do not access or use the Service.

1. Acceptance of Terms

By accessing or using Looptrex, you acknowledge that you have read, understood, and agree to be bound by these Terms. These Terms form a legally binding agreement between you and Looptrex.

2. Eligibility and Age Requirement

You must be at least 18 years old to access or use the Service. By accessing or using Looptrex, you represent and warrant that you are at least 18 years of age, have the legal capacity to enter into these Terms, and are not prohibited from using the Service under applicable law.

Looptrex is intended only for adults and is not directed to children or minors. A parent or legal guardian may not authorize a person under 18 to use the Service on the minor’s behalf. If Looptrex learns or reasonably believes that a person under 18 is using the Service, Looptrex may restrict or terminate access and take reasonable steps to delete associated information, subject to applicable legal and operational requirements.

3. Service Description

Looptrex is a privacy-focused property notification tool. A seller may provide a mobile phone number and generate a unique Looptrex Property Code for a property. After an offer has been submitted through the appropriate real estate channels, a buyer may use that Property Code to send a private ping notifying the seller that an offer has been submitted.

Looptrex sends notifications based on information entered by users. Looptrex does not prepare, submit, receive, transmit, review, validate, authenticate, negotiate, manage, accept, reject, or otherwise participate in any real estate offer or transaction.

A Looptrex ping is only a notification. It is not proof that an offer exists, that an offer was properly submitted, that any party received transaction documents, or that any transaction will occur. Buyers and sellers should communicate with their respective real estate agents, brokers, attorneys, title professionals, or other appropriate representatives for transaction details.

4. No Real Estate, Brokerage, Legal, or Professional Services

Looptrex is a technology and notification service only. Looptrex is not a real estate broker, agent, multiple listing service, escrow provider, title company, lender, attorney, or transaction coordinator. Looptrex does not represent buyers, sellers, brokers, agents, or any other participant in a real estate transaction and does not create a fiduciary, agency, brokerage, partnership, employment, or professional relationship with any user.

Information provided through the Service is not legal, financial, tax, real estate, or other professional advice. Users remain solely responsible for obtaining appropriate professional advice and complying with all laws, contracts, rules, and transaction requirements that apply to them.

5. Consent to Receive SMS Messages

When you provide a mobile phone number, check the applicable consent box, and use the seller features of the Service, you authorize Looptrex to send you SMS text messages concerning property offer notifications, Property Codes, service activity, and related operational communications.

• Message and data rates may apply.
• Message frequency may vary.
• Consent to receive SMS messages is not a condition of any purchase or sale.
• You may opt out of SMS communications at any time by following the opt-out instructions included in a message, when available, or by contacting support@looptrex.com.
• You are responsible for ensuring that the mobile phone number you provide is accurate, active, and belongs to you or that you are authorized to use it.

Mobile carriers are not liable for delayed or undelivered messages. Opting out of SMS messages may prevent some or all seller notification features from functioning.

6. User Responsibilities

You agree to:

• Provide accurate, current, and complete information.
• Use the Service only for lawful and legitimate purposes.
• Maintain the confidentiality and appropriate use of any Property Code made available to you.
• Use reasonable care when entering a phone number, Property Code, or other information.
• Comply with these Terms, the Privacy Policy, and all applicable laws and regulations.
• Promptly notify Looptrex if you believe a Property Code, phone number, or other Service feature is being misused.

You are responsible for all activity performed through your device, phone number, Property Code, or access to the Service to the extent permitted by law.

7. Seller Terms

If you use Looptrex as a seller or property representative, you agree that:

• You authorize Looptrex to send notifications when a buyer uses the applicable Property Code to indicate that an offer has been submitted.
• You will provide only a valid mobile phone number that you own or are authorized to use.
• You are responsible for safeguarding your Property Code and deciding where and with whom it is shared.
• You understand that Looptrex does not verify buyer identity, the existence or terms of an offer, or whether an offer was submitted through proper transaction channels.
• You will confirm all offer and transaction information with your listing agent, broker, attorney, or other appropriate representative.
• You may request deletion of eligible personal information or opt out of communications as described in the Privacy Policy and applicable SMS instructions.

8. Buyer Terms

If you use Looptrex as a buyer or buyer representative, you agree that:

• You will use the Ping Tool only after a legitimate offer has been submitted through the appropriate real estate or transaction channels.
• You have already submitted a bona fide offer to purchase the property through the appropriate real estate or legal process.
• You are a financially vetted buyer, meaning that you are either pre-approved for financing by a qualified lender or are reasonably able to provide proof of sufficient funds for a cash purchase.
• You will enter only the Property Code associated with the intended property.
• You will not send false, misleading, duplicate, automated, spam, harassing, threatening, or abusive pings.
• You understand that sending a ping does not submit an offer, amend an offer, confirm delivery of an offer, create a contract, or provide any legal or transactional right.
• You will not use the Service to bypass or interfere with agents, brokers, attorneys, contracts, submission procedures, or other transaction requirements.

Looptrex does not independently verify or guarantee a buyer’s identity, lender approval, financial

qualifications, proof of funds, offer status, or ability to complete a real estate transaction.

Looptrex only provides a notification service and is not a lender, real estate broker, agent,

escrow provider, or participant in the transaction.

9. Prohibited Conduct

You may not:

• Looptrex prohibits any use of the Service for fraud, impersonation, harassment, intimidation, or unlawful activity.
• Looptrex strictly prohibits reverse engineering, decompiling, disassembling, decoding, scraping, crawling, copying, reproducing, extracting, modifying, or attempting to derive the source code, underlying structure, algorithms, processes, functionality, data, or technology of the Service, except to the extent such restriction is prohibited by applicable law.
• Looptrex prohibits submitting false information or knowingly sending a false property-offer notification.
• Looptrex prohibits any attempt to discover, collect, expose, or misuse another person’s private information.
• Looptrex prohibits Interference with, disruptions, overloads, damaging, or circumventing the Service or its security controls.
• Looptrex prohibits use of bots, scripts, scraping tools, or automated systems without Looptrex’s written permission.
• Looptrex prohibits any unauthorized distribution, sale, lease, sublicense, commercialization, or other exploitation of the Service, its software, technology, content, or intellectual property.
• Looptrex prohibits any use of Looptrex trademarks, branding, content, or technology without authorization.

Looptrex may investigate suspected misuse and may restrict, suspend, or terminate access when reasonably necessary to protect users, the Service, or third parties.

10. Availability, Delivery, and Third-Party Services

The Service may rely on third-party providers, including mobile carriers, messaging providers, hosting providers, database providers, app stores, internet service providers, and device platforms. Looptrex does not control those third parties and cannot guarantee uninterrupted availability, message delivery, delivery timing, or compatibility with every device, network, operating system, or carrier.

The Service may be temporarily unavailable because of maintenance, updates, outages, security events, carrier limitations, internet conditions, or circumstances beyond Looptrex’s reasonable control.

11. Privacy

Looptrex’s collection, use, retention, and disclosure of personal information are described in the Looptrex Privacy Policy. By using the Service, you acknowledge that you have reviewed the Privacy Policy.

12. Intellectual Property

The Service, including its software, design, text, graphics, logos, Property Code system, branding, features, and other content, is owned by or licensed to Looptrex and is protected by applicable intellectual property laws.

Subject to these Terms, Looptrex grants you a limited, personal, revocable, nonexclusive, nontransferable, and nonsublicensable license to access and use the Service for its intended purpose. No ownership rights are transferred to you.

Feedback or suggestions you voluntarily provide may be used by Looptrex without restriction or compensation, provided that Looptrex does not publicly identify you without permission.

13. Suspension and Termination

You may stop using the Service at any time. Looptrex may restrict, suspend, or terminate your access, disable a Property Code, or discontinue a feature if Looptrex reasonably believes you violated these Terms, created risk or harm, used the Service unlawfully, or threatened the security or integrity of the Service.

Looptrex may also modify, suspend, or discontinue all or part of the Service at any time. Sections that by their nature should survive termination will remain in effect, including provisions concerning intellectual property, disclaimers, limitations of liability, indemnification, governing law, and general terms.

14. Disclaimer of Warranties

TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. LOOPTREX DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, RELIABILITY, AVAILABILITY, SECURITY, AND QUIET ENJOYMENT.

LOOPTREX DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR COMPATIBLE WITH EVERY DEVICE OR NETWORK; THAT A PING OR SMS MESSAGE WILL BE DELIVERED OR RECEIVED; THAT USER-PROVIDED INFORMATION WILL BE ACCURATE; OR THAT AN OFFER EXISTS OR WAS PROPERLY SUBMITTED.

15. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, LOOPTREX AND ITS OWNERS, AFFILIATES, SERVICE PROVIDERS, LICENSORS, EMPLOYEES, CONTRACTORS, AND REPRESENTATIVES WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES; LOST PROFITS, REVENUE, DATA, OPPORTUNITY, OR GOODWILL; REAL ESTATE OR TRANSACTION LOSSES; OR DAMAGES ARISING FROM MISSED, DELAYED, DUPLICATE, INACCURATE, FALSE, OR UNDELIVERED NOTIFICATIONS.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, LOOPTREX’S TOTAL LIABILITY FOR ALL CLAIMS ARISING OUT OF OR RELATED TO THE SERVICE OR THESE TERMS WILL NOT EXCEED THE GREATER OF (A) THE AMOUNT YOU PAID DIRECTLY TO LOOPTREX FOR USE OF THE SERVICE DURING THE SIX MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM OR (B) $100.

Some jurisdictions do not allow certain warranty exclusions or liability limitations. In those jurisdictions, these provisions apply only to the extent permitted by law.

16. Indemnification

To the extent permitted by law, you agree to defend, indemnify, and hold harmless Looptrex and its owners, affiliates, service providers, licensors, employees, contractors, and representatives from claims, losses, liabilities, damages, judgments, costs, and reasonable attorneys’ fees arising from or related to your misuse of the Service, violation of these Terms, violation of law, infringement of another person’s rights, or false or misleading information submitted through the Service.

17. Third-Party App Stores

If you download the mobile application through Apple’s App Store, Google Play, or another third-party app store, you also agree to the applicable app store’s terms. These Terms are between you and Looptrex, not between you and the app store provider.

To the extent required by an applicable app store: (a) Looptrex, not the app store provider, is responsible for the Service and its content; (b) the app store provider has no obligation to provide maintenance or support; (c) Looptrex is responsible for addressing claims relating to the Service, subject to these Terms and applicable law; (d) you must comply with applicable third-party terms when using the Service; and (e) the app store provider and its subsidiaries may be third-party beneficiaries of these Terms and may enforce the provisions applicable to them.

Nothing in these Terms is intended to limit any rights you may have under mandatory consumer-protection law or an app store’s required end-user license terms.

18. Changes to the Service or Terms

Looptrex may update the Service or these Terms from time to time. Material updates will be posted within the Service, on the Looptrex website, or through another reasonable notice method. The updated Terms will identify their effective or last-updated date.

Your continued use of the Service after revised Terms become effective constitutes acceptance of the revised Terms, except where applicable law requires additional notice or consent. If you do not agree to revised Terms, you must stop using the Service.

19. Governing Law and Venue

These Terms and any dispute arising out of or relating to these Terms or the Service are governed by the laws of the State of Texas, without regard to conflict-of-law principles. To the extent permitted by applicable law, any legal action arising out of or relating to these Terms or the Service must be brought exclusively in a state court located in Fannin County, Texas, or in the United States District Court for the Eastern District of Texas, Sherman Division. You consent to the personal jurisdiction and venue of those courts.

20. General Provisions

These Terms and the Privacy Policy constitute the entire agreement between you and Looptrex concerning the Service and supersede prior or contemporaneous communications concerning the same subject.

If any provision is held invalid or unenforceable, the remaining provisions will remain in effect, and the invalid provision will be enforced to the maximum extent permitted by law. Looptrex’s failure to enforce a provision is not a waiver. You may not assign these Terms without Looptrex’s prior written consent. Looptrex may assign these Terms in connection with a reorganization, merger, sale, transfer, or operation of the Service.

Section headings are for convenience only and do not affect interpretation. The words “including” and “includes” mean “including without limitation.”

21. Patent Notice

Looptrex technology is patent pending under U.S. law.

22. Contact Information

For questions, support, or notices concerning these Terms, contact:

Looptrex Email: support@looptrex.com

23. Use at Your Own Risk and No Reliance

You use Looptrex at your own risk. Looptrex is intended only as a supplemental property-notification tool and should not be relied upon as the sole method of communication for any time-sensitive, contractual, legal, financial, or real estate matter.

Users remain responsible for independently confirming all offers, communications, deadlines, transaction documents, and other matters through the appropriate real estate, legal, or professional channels.

A Looptrex Property Code, ping, notification, delivery status, or other information provided through the Service does not create a contract, establish that an offer was properly submitted or received, satisfy any contractual or legal deadline, or guarantee that any person will review, respond to, or act upon an offer.

Each user is responsible for determining whether use of Looptrex is appropriate for the user's particular circumstances and for taking any additional steps reasonably necessary to protect the user's interests.

24. No Emergency or Time-Critical Reliance

Looptrex is not designed or intended for emergency communications or as the exclusive method for communicating information subject to legal, contractual, financing, inspection, closing, option-period, or other time-sensitive deadlines.

Users should use the appropriate real estate professionals, transaction systems, communication methods, and other available channels for any matter requiring confirmed or time-sensitive delivery.

Looptrex does not extend, modify, satisfy, or waive any deadline, notice requirement, contractual obligation, or other requirement applicable to a real estate transaction.