Terms of Service
Last updated: December 2024
1. Acceptance of Terms
By accessing or using the Lensman app and services, you agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use our services.
2. Description of Service
Lensman is a marketplace platform that connects buyers and sellers of mining leases and minerals in India. We provide a platform for listing, discovering, and facilitating transactions of verified mining leases and minerals.
3. Listing Fees
Sellers are required to pay a non-refundable listing fee of INR 5,000 to list their mining lease or minerals on the platform. This fee covers:
- Verification of listing details
- Platform access and visibility
- Customer support
4. Success Fee
Upon successful completion of a transaction facilitated through our platform, Lensman charges a 5% success fee based on the transaction value. This fee is payable by the seller.
5. User Responsibilities
Users agree to:
- Provide accurate and truthful information
- Maintain the confidentiality of their account
- Not engage in fraudulent activities
- Comply with all applicable laws and regulations
6. Verification
All listings are subject to verification by our team. We reserve the right to reject or remove listings that do not meet our standards or contain fraudulent information.
7. Limitation of Liability
Lensman acts as a marketplace platform and is not a party to transactions between buyers and sellers. We do not guarantee the accuracy of listings or the outcome of any transaction.
8. Contact
For questions about these Terms, contact us at: founders.lensman@gmail.com