Terms & Conditions
Last updated: January 2025
1. Acceptance
By using PREATOM, you agree to these Terms. If you do not agree, do not use the platform.
2. Service Description
PREATOM provides a digital contract creation, signing, escrow, and evidence preservation platform. We are not a law firm and do not provide legal advice. Contracts generated are based on deterministic templates and should be reviewed by qualified legal counsel for complex matters.
3. User Responsibilities
Users are responsible for the accuracy of contract information, counterparty identification, and compliance with applicable laws in their jurisdiction. Electronic signatures have legal effect in most jurisdictions under ESIGN (US), eIDAS (EU), and equivalent legislation.
4. Escrow Services
Escrow functionality is provided as a feature of the platform. PREATOM is not a bank or regulated financial institution. Escrow terms are defined in individual contracts and are binding between parties.
5. Immutability
Once a contract is executed (all parties signed), the contract text, signatures, hashes, and audit trail are permanently locked and cannot be modified or deleted by any party including PREATOM administrators.
6. Limitation of Liability
PREATOM is not liable for the legal validity of contracts in any specific jurisdiction, or for disputes between contracting parties. The platform provides tools; legal responsibility rests with the parties.
7. Governing Law
These Terms are governed by applicable law. Disputes shall be resolved through good-faith negotiation, failing which through binding arbitration.