Terms of Service

Aktus Praxis Professional Appraisal Platform — Version 1.0 — Effective Date: May 1, 2026

1. Definitions

"Platform" means the Aktus Praxis Professional Appraisal Platform software and associated services provided by Aktus Real Estate Inc. ("Aktus Praxis", "we", "us").

"Licensee" or "you" means the individual or firm that has accepted these Terms and is licensed to use the Platform.

"Order Form" means a written or electronic order that incorporates these Terms and specifies the subscription plan, fees, and licensed users.

"Subscription Term" means the period specified in the Order Form during which the Licensee is licensed to use the Platform.

2. Licence Grant

Subject to these Terms and payment of applicable fees, Aktus Praxis grants you a limited, non-exclusive, non-transferable licence to install and use the Platform solely for your internal professional appraisal business purposes during the Subscription Term.

3. Restrictions

You may not: (a) sublicense, sell, resell, transfer, or assign the Platform; (b) reverse engineer or decompile the Platform; (c) use the Platform to develop a competing product; or (d) remove any proprietary notices from the Platform.

4. Subscription Fees

Launch offer: The Platform is currently available during an introductory period at no charge. Subscription fees will be introduced prior to commercial go-live and communicated to Licensees with reasonable advance notice. Once fees are introduced, the following terms apply:

  • Fees are due in advance on the first day of each billing period.
  • Unpaid invoices accrue interest at 1.5% per month (18% per annum) after 30 days.
  • Aktus Praxis may suspend access for accounts more than 30 days past due.
  • Refunds are not provided for partial subscription periods except as required by applicable law.

5. Data and Privacy

Your use of the Platform is subject to our Privacy Policy, which is incorporated into these Terms by reference. You are responsible for ensuring that any personal data you enter into the Platform is collected and processed in accordance with applicable privacy laws, including PIPEDA.

6. Intellectual Property

The Platform and all related intellectual property rights are owned by Aktus Real Estate Inc. These Terms do not transfer any ownership rights to you. Appraisal reports and data you create using the Platform remain your property.

7. Support

Aktus Praxis will use commercially reasonable efforts to provide technical support during normal business hours (Monday–Friday, 9:00 AM–5:00 PM CST, excluding statutory holidays). Support is provided via email at admin@aktusrealestate.com. Aktus Praxis does not guarantee response times or resolution of all reported issues.

8. Disclaimer of Warranties

THE PLATFORM IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND. AKTUS PRAXIS DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. AKTUS PRAXIS DOES NOT WARRANT THAT THE PLATFORM WILL BE ERROR-FREE OR UNINTERRUPTED.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, AKTUS PRAXIS'S TOTAL LIABILITY FOR ANY CLAIM ARISING UNDER THESE TERMS SHALL NOT EXCEED THE FEES PAID BY YOU IN THE 12 MONTHS PRECEDING THE CLAIM. IN NO EVENT SHALL AKTUS PRAXIS BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES.

10. Term and Termination

These Terms commence on the date you first access the Platform and continue for the Subscription Term. Either party may terminate for material breach upon 30 days' written notice if the breach is not cured within that period. Upon termination, your licence to use the Platform ceases immediately.

11. Confidentiality

Each party agrees to keep confidential the other party's non-public information and to use it only for the purposes of these Terms.

12. Amendments

Aktus Praxis may amend these Terms by providing 30 days' written notice. Continued use of the Platform after the effective date of the amendment constitutes acceptance of the revised Terms.

13. Entire Agreement

These Terms, together with any applicable Order Form, constitute the entire agreement between the parties regarding the Platform and supersede all prior agreements and understandings.

14. Severability

If any provision of these Terms is found to be unenforceable, the remaining provisions will continue in full force and effect.

15. Waiver

Failure to enforce any provision of these Terms shall not constitute a waiver of that provision.

16. Governing Law and Dispute Resolution

16.1 These Terms are governed by the laws of the Province of Saskatchewan and the federal laws of Canada applicable therein, without regard to conflict of law principles. The parties submit to the exclusive jurisdiction of the courts of Saskatchewan for any dispute arising under these Terms.

16.2 The parties agree to attempt to resolve any dispute through good-faith negotiation before commencing legal proceedings.

16.10 Les parties ont exigé que les présentes conditions et tous les documents connexes soient rédigés en anglais. (The parties have required that these Terms and all related documents be drafted in English.)

17. Notices

Notices under these Terms must be in writing and delivered to:

Aktus Real Estate Inc.
3558 Hazel Grove
Regina, SK  S4V 2S7
Canada
admin@aktusrealestate.com

Questions about these Terms? Contact us at admin@aktusrealestate.com.

Also see our Privacy Policy.