1. Introduction

Welcome to MyBusinessEscrow.com (the "Platform"), an escrow service designed to facilitate secure online transactions between buyers and sellers. By accessing or using our services, you agree to comply with these Terms of Service ("Terms"). If you do not agree, please refrain from using the Platform.

 

2. Definitions

"Platform" refers to MyBusinessEscrow.com and its services.

"User" refers to any buyer, seller, or third party using the Platform.

"Escrow" means the secure holding of funds until transaction conditions are met.

"Transaction" refers to the exchange of goods, services, or funds facilitated through the Platform.

 

3. Eligibility

Users must be at least 18 years old or the legal age of majority in their jurisdiction.

Businesses must be legally registered and authorized to conduct transactions.

Users must provide accurate and up-to-date information.

 

4. Escrow Process

 

Agreement: Buyer and seller agree on terms (price, delivery, etc.).

Funds Deposit: Buyer submits payment to MyBusinessEscrow.com.

Verification: Seller fulfills obligations (e.g., ships goods, provides services).

Release of Funds: Once the buyer confirms satisfaction, funds are released to the seller.

Dispute Resolution: If issues arise, MyBusinessEscrow.com may mediate or hold funds pending resolution.

 

5. Fees

Transaction fees will be clearly displayed before confirmation.

Fees are non-refundable unless due to a Platform error.

 

6. User Responsibilities

Provide truthful information.

Comply with all applicable laws.

Avoid fraudulent, illegal, or high-risk transactions.

Resolve disputes in good faith.

7. Prohibited Activities

 

Users may not:

Engage in fraud, money laundering, or illegal transactions.

Misrepresent goods or services.

Use the Platform for unauthorized financial activities.

Circumvent escrow procedures.

 

8. Dispute Resolution

 

MyBusinessEscrow.com may investigate and mediate disputes.

Decisions are final unless legally contested.

Users agree to cooperate in dispute resolution processes.

 

9. Limitation of Liability

 

MyBusinessEscrow.com is not liable for:

User misconduct or misrepresentation.

Losses due to unauthorized account access.

Technical failures beyond our control.

Liability is limited to fees paid for the service.

 

10. Termination

 

We may suspend or terminate accounts for violations of these Terms.

Users may close accounts at any time, pending transaction completion.

 

11. Modifications

 

We reserve the right to update these Terms. Continued use constitutes acceptance of changes.

 

12. Governing Law

These Terms are governed by the laws of [Jurisdiction], and disputes shall be resolved in [Court Location].

 

13. Contact

For questions, contact:
Email: support@mybusinessescrow.com
Address: PO Box 12035 Newport Beach, CA 92658

By using MyBusinessEscrow.com, you acknowledge reading and agreeing to these Terms.