Closed Beta Terms and Conditions

1. Introduction

1.1. Welcome to Placy's closed beta (the "Closed Beta"). Through the Closed Beta, Placy Ltd ("Placy", "we", "us") is making Placy Copilot (the "Service") available to selected agencies on a no-fee, evaluation basis ahead of its commercial launch.

1.2. These Closed Beta Terms and Conditions (the “Terms”) set out the basis on which the real estate agency on whose behalf these Terms are accepted (the “Client”, “you”) may access and use the Service during the Closed Beta. Placy and the Client are each a “Party” and together the “Parties”.

1.3. These Terms apply only to the Service you have been invited to use in the Closed Beta.

1.4. By accessing or using the Service, or by confirming your acceptance in the manner set out at the end of these Terms, you confirm that you accept these Terms and agree to comply with them. No signature is required for these Terms to take effect. If you do not agree, you must not access or use the Service.

1.5. These Terms apply to business users only. The Service is made available solely for use by the Client accessing it in the course of its business, and nothing in these Terms is intended to confer any right on a consumer or individual.

1.6. The individual accepting these Terms on behalf of the Client represents and warrants that (a) the Client is a real estate agency or other business operating in the real estate sector, and (b) they are duly authorised to accept these Terms on the Client’s behalf and to bind the Client to them. References to “you” in these Terms are to the Client.

2. Scope of the Closed Beta

2.1. In consideration of Placy granting the Client access to the Service for the purposes of the Closed Beta, and the Client agreeing to comply with these Terms, the following applies.

2.2. These Terms govern the Client's participation in the Closed Beta for the Service during the Closed Beta Period defined below.

2.3. Access to the Service during the Closed Beta is provided solely for evaluation and feedback purposes. The Client may use Output in the course of its business, including by sharing it with its own customers, but does so entirely at its own risk and responsibility. Placy accepts no liability for any use of Output by the Client or any third party.

3. Closed Beta Period, Termination and Transition

3.1. The Closed Beta shall commence on the date of your acceptance of these Terms (the “Closed Beta Start Date”) and shall continue for a period of one (1) calendar month (the “Closed Beta Period”), unless terminated earlier in accordance with clause 3.

3.2. Either Party may terminate the Closed Beta at any time, for any reason or no reason, on five (5) business days' written notice (email accepted) to the other Party.

3.3. Placy may suspend or terminate the Client's access to the Service immediately, without notice, where necessary to protect the security, integrity, or availability of the Service or the data of other users.

3.4. The Closed Beta ends on expiry or termination of the Closed Beta Period, or earlier if the Parties enter into Placy’s standard commercial terms for the Service (the “Commercial Terms”), which shall then govern the Client’s use of the Service. On the Closed Beta ending, the Client’s access under these Terms ends, without prejudice to clause 3.5.

3.5. The following clauses shall survive on expiry or termination of the Closed Beta Period: clauses 2.3 (Output use), 5 (AI Output Disclaimer), 6 (Fees), 7.3 (Client Restrictions), 8 (Data Protection), 9 (Content and Output Ownership), 10 (Confidentiality), 11 (Feedback), 12 (Intellectual Property in the Service), 13 (Disclaimers and Limitation of Liability) and 15 (General).

4. Nature of the Closed Beta Service

4.1. The Client acknowledges that the Service is provided in a pre-commercial, test state and may be incomplete, contain errors, or be modified, suspended, or withdrawn by Placy at any time during the Closed Beta Period without liability.

4.2. Placy gives no service level commitment, uptime guarantee, or warranty of availability, accuracy, or fitness for any particular purpose in connection with the Service during the Closed Beta.

4.3. The Client is solely responsible for determining whether the Service is suitable for any use it makes of it during the Closed Beta, and for any decisions made on the basis of any Output.

5. AI Output Disclaimer

5.1. The Service uses artificial intelligence (AI), including AI models and technology provided by third parties (together, the “AI Technology”), to deliver some or all of its functionalities. The Client acknowledges that Output generated using the AI Technology may be inaccurate, incomplete, outdated, or unsuitable for the Client’s particular purposes.

5.2. The Client shall independently review and verify any Output before relying on it or acting on it. "Output" means any output generated by the Service using the Content during the Closed Beta.

5.3. This clause 5 is without prejudice to, and does not limit, the disclaimers set out in clause 4 (Nature of the Closed Beta Service) and clause 13 (Disclaimers and Limitation of Liability).

6. Fees

6.1. No fees are payable by the Client for participation in the Closed Beta or use of the Service during the Closed Beta Period.

6.2. Participation in the Closed Beta does not create any right, option, or obligation for either Party to enter into the Commercial Terms, and does not commit Placy to any particular future pricing, features, or terms.

7. Client Obligations and Restrictions

7.1. The Client shall provide Placy with such cooperation, access, and feedback as reasonably requested to enable Placy to evaluate the Service's performance.

7.2. The Client warrants that it owns or has obtained all necessary rights, licences and consents (including intellectual property rights and, where applicable, a valid legal basis under applicable data protection law (including the GDPR) to upload the Content to the Service and to permit Placy to process it in accordance with these Terms, and that such use will not infringe the rights of any third party.

7.3. The Client shall not, and shall not permit any third party to:

(a) copy, reproduce, modify, translate, or create derivative works of the Service or any part of it, including its features, functionality, workflows, user interface, design, or documentation;

(b) decompile, disassemble, reverse-engineer, or otherwise attempt to derive the source code, models, prompts, algorithms, or methodologies of the Service;

(c) use the Service, any Output, or any Confidential Information of Placy to develop, train, or improve any product or service that competes with the Service, or to train any artificial intelligence or machine learning model;

(d) access the Service for the purpose of competitive analysis or benchmarking, or disclose the results of any such analysis to a third party;

(e) sublicense, sell, rent, lend, or otherwise make the Service available to any third party, or share login credentials with any person not authorised by Placy (authorized users by the Client are excluded);

(f) use any automated means (including scraping, bots, or crawlers) to access or extract data or content from the Service; or

(g) remove, obscure, or alter any proprietary notices on the Service.

8. Data Protection

8.1. Where Placy processes personal data on the Client's behalf in connection with the Closed Beta, the Data Processing Addendum between the Parties, available at https://copilot.placy.ai/dpa (the "DPA"), is incorporated into and forms part of these Terms and applies in full to such processing, including in relation to the Closed Beta, on the same basis as it would apply to processing under the Commercial Terms.

9. Content and Output Ownership

9.1. As between the Parties, all data, materials, and content provided by the Client to Placy during the Closed Beta (including the Client's business data, listings, and any personal data of the Client's end users) (the "Content") remains the sole property of the Client. Placy is granted only a limited, non-exclusive licence to process the Content solely for the purposes of providing and evaluating the Service during the Closed Beta Period, and thereafter for the purposes of returning, deleting or anonymising the Content in accordance with clause 9.5 and the DPA.

9.2. Any Intellectual property rights arising in Output generated specifically from the Client’s Content are assigned to the Client upon creation, save for the underlying AI Technology, models, methodologies, and any aggregated or anonymised data or learnings, which remain Placy’s sole property.

9.3. Placy shall use reasonable endeavours to ensure that any third-party provider of AI Technology engaged by Placy in delivering the Service does not use the Client's Content to train its own models.

9.4. Placy may create and use aggregated or anonymised data derived from the Content and Output for the purposes of developing, improving, and training the Service, provided that such anonymisation is genuine and irreversible and that the resulting data does not identify the Client, its end users, or any other data subject and also excludes information obtained via Google APIs.

9.5. On expiry or termination of the Closed Beta, unless the Client continues to use the Service under the Commercial Terms, Placy shall, on the Client’s written request, export and provide a copy of the Content and any associated Output in a reasonably accessible format, and shall delete or anonymise the remaining Content in accordance with the DPA.

10. Confidentiality

10.1. The Client shall keep confidential, and use only for the purposes of the Closed Beta, all information disclosed by Placy that is marked as confidential or would reasonably be considered confidential (“Confidential Information”). The Service, including its features, functionality, design, user interface, documentation, and any non-public information about its performance, roadmap, or pricing, is Placy’s Confidential Information.

10.2. Clause 10.1 does not apply to information that is or becomes public (other than through the Client’s breach), was already lawfully known to the Client, or must be disclosed by law.

11. Feedback

11.1. Any feedback, suggestions, or observations provided by the Client regarding the Service during the Closed Beta ("Feedback") do not constitute the Client's Content.

11.2. The Client grants Placy a perpetual, irrevocable, worldwide, royalty-free licence to use, reproduce, and incorporate Feedback into the Service and Placy's other products for any purpose, including product development, without restriction or compensation to the Client, save that this licence does not extend to any of the Client's confidential information or Content that may be contained within the Feedback.

12. Intellectual Property in the Service

12.1. All intellectual property rights in and to the Service, including the AI Technology and any improvements, are and remain the property of Placy or its licensors, as applicable.

12.2. No licence is granted to the Client other than the limited, non-exclusive, non-transferable right to access and use the Service for evaluation purposes during the Closed Beta Period.

13. Disclaimers and Limitation of Liability

13.1. To the fullest extent permitted by applicable law, the Service is provided "as is" and "as available" during the Closed Beta, without warranties of any kind, express or implied, and subject to the disclaimers in clause 4 (Nature of the Closed Beta Service) and clause 5 (AI Output Disclaimer).

13.2. Neither Party shall be liable to the other for any indirect, incidental, consequential or special loss, or for any loss of profits, revenue or data, arising out of or in connection with these Terms or the Closed Beta, including any breach of clause 8 (Data Protection) or the DPA. Placy’s total aggregate liability arising out of or in connection with these Terms shall not exceed EUR 100.

13.3. Clause 13.2 does not apply to liability for: (a) fraud; (b) wilful misconduct; (c) any liability that cannot be limited or excluded by law; or (d) the Client’s breach of clause 7.2, 7.3 or 10, the Client’s liability under clause 13.5 or infringement of Placy’s intellectual property.

13.4. Placy may seek injunctive or other equitable relief for any actual or threatened breach of clauses 7.3, 10 or 12.

13.5. The Client shall indemnify Placy against any third-party claim, including reasonable legal costs arising from (a) the Content (b) the Clients use of Output including its provision to the Clients own customers or by other third parties.

14. Status of the Parties

14.1. These Terms do not create any partnership, joint venture, agency, or employment relationship between the Parties.

14.2. Participation in the Closed Beta does not constitute an endorsement by the Client of the Service, and Placy shall not represent otherwise without the Client's prior written consent.

15. General

15.1. Entire agreement: These Terms, together with the DPA incorporated under clause 8, constitute the entire agreement between the Parties regarding the Closed Beta and supersede all prior discussions regarding the Closed Beta, including any oral commitments made by either Party's personnel.

15.2. No assignment: Neither Party may assign or transfer these Terms without the other Party's prior written consent.

15.3. Amendment: These Terms may only be amended by written agreement between the Parties.

15.4. Governing law and jurisdiction: These Terms are governed by the laws of the Republic of Cyprus, and the Parties submit to the exclusive jurisdiction of the courts of Cyprus.

15.5. Notices: Notices under these Terms shall be given in writing and may be sent by email. Notices to the Client shall be sent to the email address used to accept these Terms or register for the Service and to Placy at dpo@placy.ai.

Last updated: 20 October 2026