Terms of Service

Last updated: June 2025

These Terms of Service ("Terms") govern your use of the Parcela platform operated by Parcela ("Parcela", "we", "us"). By accessing or using Parcela, you agree to be bound by these Terms.

Description of Service

Parcela is a software platform for real estate deal analysis, investor management, and syndication logistics. It is a tool for operators (syndicators) to organize deal data and communicate with investors — it is not a broker-dealer, investment adviser, securities marketplace, or financial institution.

Not Financial or Legal Advice

Nothing provided by Parcela — including deal metrics, waterfall calculations, investor reports, or document templates — constitutes financial, investment, tax, or legal advice. All analysis tools are provided for informational purposes only. You are solely responsible for your investment decisions and compliance obligations. Consult qualified attorneys and financial advisors before making investment decisions or conducting securities offerings.

Syndicator Responsibilities

By using Parcela as a syndicator, you agree that:

• You are solely responsible for compliance with applicable securities laws (including Reg D).
• You will not use Parcela to conduct unlawful securities offerings.
• Investor data you enter into the platform is accurate and obtained with appropriate consent.
• You will not use generated documents (PPM outlines, Form D pre-fills) as substitutes for attorney review.

Acceptable Use

You agree not to:

• Use Parcela for any unlawful purpose or in violation of any applicable regulations.
• Attempt to gain unauthorized access to any part of the platform or its underlying infrastructure.
• Upload malicious code, interfere with the service, or conduct automated scraping.
• Misrepresent your identity or impersonate any person or entity.

Intellectual Property

The Parcela platform, including its code, design, and documentation, is owned by Parcela and protected by intellectual property laws. Your use of the platform does not grant you any ownership rights.

Disclaimers and Limitation of Liability

Parcela is provided "as is" without warranties of any kind, express or implied. We do not warrant that the service will be uninterrupted, error-free, or that calculations are free of inaccuracy. To the maximum extent permitted by law, Parcela shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the platform.

Termination

We may suspend or terminate your access to Parcela at any time for violation of these Terms or for any other reason at our discretion. You may stop using the service at any time.

Changes to Terms

We may update these Terms from time to time. We will notify you of material changes via email or a notice on the platform. Continued use after changes constitutes acceptance.

Contact

For questions about these Terms, contact us at hello@getparcela.com.