Terms of Service
Version: 1.0 Effective date: August 17, 2026 Last updated: August 17, 2026
Read this first
These Terms are a contract between you and Trabeate. Some parts of it matter more than others, so we are pointing them out here rather than hoping you find them:
- Trabeate does not give investment, financial, legal, tax, or real estate advice, and nothing it produces is an appraisal. See §12 and our Disclaimer.
- Everything Trabeate produces is a projection based on assumptions — not a prediction and not a result. Different assumptions produce materially different numbers. You are responsible for your own investment decisions.
- Trabeate is in beta. It is free, it may have bugs, it may change, and it may lose data. See §5.
- Our liability to you is limited, and disputes are governed by New Jersey law in New Jersey courts. See §15, §20, and §21.
- If you are a New Jersey resident, §22 matters to you. Nothing in these Terms waives rights you have under New Jersey law.
This summary is not part of the contract. The sections below are.
1. The agreement
These Terms of Service ("Terms") govern your access to and use of:
- trabeate.com, our website, including the waitlist
- app.trabeate.com, our application — not yet available
- any related emails, content, and features
Together, the "Service."
"Trabeate," "we," "us," and "our" refer to the business operating the Service, reachable at legal@trabeate.com and at the postal address in §24. Trabeate is currently operated as a sole proprietorship by its founder in New Jersey. When we form a legal entity, we will update this section and record the change in our Changelog.
"You" means you, and if you are using the Service for an organization, that organization as well.
By using the Service, you agree to these Terms. If you do not agree, do not use the Service.
Our Privacy Policy, Cookie Policy, and Disclaimer are part of these Terms and are incorporated by reference. Please read them.
2. Who may use the Service
To use the Service, you must:
- Be at least 18 years old and able to enter into a binding contract
- Not be barred from using the Service under the laws of the United States or any other applicable jurisdiction, including sanctions and export control laws
- Provide accurate information when we ask for it
If you are agreeing to these Terms for a company or other organization, you represent that you have authority to bind it, and "you" means both you and that organization.
Trabeate is designed for use in the United States, using United States real estate data, conventions, financing structures, and tax concepts. We do not block access from other countries, but the Service is not designed for, tested against, or suitable for real estate outside the United States, and we make no representation that it complies with the law of any country other than the United States.
3. The waitlist
Right now, trabeate.com does one thing: it lets you join a waitlist.
- Joining the waitlist does not create an account, guarantee you access, or entitle you to anything. We may launch to some people and not others, or in stages, or not at all.
- We will use your email address to tell you when Trabeate is available. See our Privacy Policy.
- We will not add you to a marketing newsletter based on joining the waitlist. If we ever want to send other kinds of email, we will ask you first.
- You can ask us to remove you at any time by emailing privacy@trabeate.com.
- We may close, pause, change, or cancel the waitlist at any time.
4. What Trabeate is
Trabeate is software. You give it information about a property — price, rents, expenses, financing terms, your own assumptions — and it performs calculations and produces analyses, projections, and comparisons to help you think about a real estate investment.
What Trabeate is not:
- Trabeate is not an investment adviser, financial adviser, broker-dealer, real estate broker, real estate agent, real estate appraiser, mortgage lender, mortgage broker, accountant, tax preparer, or attorney.
- Trabeate does not represent you or anyone else in any transaction.
- Trabeate does not create any advisory, fiduciary, agency, brokerage, or confidential relationship with you.
- Trabeate does not verify the accuracy of what you enter, and does not conduct due diligence on any property.
This is important enough that it has its own section (§12) and its own document (the Disclaimer).
5. Beta
Trabeate is currently in beta. That means:
- It is free. We are not charging for the Service, and you owe us nothing.
- It is pre-release software. It may contain bugs, errors, and defects. Calculations may be wrong. Features may not work as described.
- There is no service level agreement, uptime commitment, or support commitment. Support, if we provide it, is on a best-effort basis.
- We may change, suspend, or discontinue the Service or any part of it at any time, with or without notice. Features in beta may never become generally available.
- Data may be lost. Bugs, failures, or mistakes on our side may delete or corrupt data. Do not rely on Trabeate as the only place your information exists. Keep your own copies of anything you would not want to lose.
- We may introduce fees in the future. If we do, we will tell you in advance and you will be able to decide whether to continue. We will not charge you without your affirmative agreement.
Because the Service is free, our liability during beta is limited as described in §15.
6. Accounts (applies when app.trabeate.com launches)
When accounts become available:
- You are responsible for your login credentials and for everything that happens under your account.
- Do not share your credentials or let anyone else use your account.
- Tell us promptly at legal@trabeate.com if you believe your account has been accessed without your permission.
- Keep your account information accurate.
- We may refuse, suspend, or reclaim an account, or refuse service to anyone, for any lawful reason.
7. Your content and your data (applies when app.trabeate.com launches)
7.1 It's yours
You own the property information, financial figures, assumptions, notes, and analyses you enter into Trabeate ("Your Content"). Using Trabeate does not transfer ownership of Your Content to us, and we do not claim any ownership interest in it.
Outputs are yours too. The analyses, projections, and reports Trabeate generates from Your Content are yours to use, keep, and share, subject to §9. We retain ownership of the software, calculation methodologies, and underlying calculation models that produce them — see §10.
7.2 The permission you give us
To operate the Service, we need permission to handle Your Content. You grant us a limited, non-exclusive, worldwide, royalty-free license to host, store, copy, transmit, display, and process Your Content — solely for the purpose of providing, securing, supporting, and improving the Service for you.
That license is deliberately narrow. It ends when you delete Your Content or close your account, except for copies in routine backups, which are overwritten on the cycle described in our Privacy Policy.
We will not sell Your Content. We will not publish it. We will not use it to train artificial intelligence models.
7.3 Aggregated and anonymized information
We may compute aggregate statistics from information across many users — for example, typical assumptions or general market patterns — and use them to improve the Service or describe it publicly.
We will only do this where the result cannot reasonably be used to identify you, your properties, or your deals, and is presented only in combination with data from a meaningful number of other users. We will never publish an individual property, deal, or user's figures. This matches §3.5 of our Privacy Policy.
7.4 What you promise about your content
You represent that:
- You have the right to enter Your Content into Trabeate
- Your Content does not infringe anyone's copyright, trademark, trade secret, contract, or other rights
- Your Content does not include personal information about anyone else that you do not have a lawful basis to provide
This matters specifically for listing and MLS data. See §8.
7.5 Getting your data out
When accounts launch, you will be able to export Your Content in a common format, and delete it. On termination, you will have a reasonable window — at least 30 days — to export before deletion, unless we terminated your access for a serious violation of §9 (Acceptable use).
8. Third-party and listing data
Today, you enter all property information yourself. Trabeate does not currently pull in listing data, MLS data, or public records automatically. We may add that in the future, and if we do, we will update these Terms first.
If you copy information into Trabeate from another source — an MLS, a listing site, a brokerage report, a data subscription, or anything else — the following applies:
- You are responsible for having the right to do that. Multiple listing services, listing portals, and data vendors commonly restrict how their data may be copied, stored, reused, or entered into other software, and those restrictions bind you under whatever agreement you have with them. We are not a party to that agreement and cannot advise you on it.
- You represent that entering that information into Trabeate does not violate any agreement you have with a third party, and does not infringe anyone's copyright or other rights. MLS databases and listing photographs are typically copyrighted.
- Do not upload listing photographs or bulk-export data from any source you are not permitted to reproduce.
- If a third party notifies us that content in your account violates their rights, we may remove it, and we may suspend your access.
Any third-party information we display in the future will be provided to us by others. We will not have independently verified it. It will be deemed reliable but not guaranteed, and you should independently verify it before relying on it.
9. Acceptable use
Do not do any of the following, and do not help anyone else do them.
Don't break the law. Do not use the Service for any unlawful purpose, or in violation of any applicable law or regulation.
Don't attack the Service. Do not attempt to gain unauthorized access to any part of the Service, any account, or any system. Do not probe, scan, or test the vulnerability of the Service. Do not introduce malware, or interfere with or disrupt the Service or the servers or networks that support it. Do not circumvent rate limits, access controls, authentication, or usage restrictions.
Don't take the Service apart. Do not reverse engineer, decompile, or disassemble the Service or attempt to derive its source code, algorithms, or calculation methodologies, except where that restriction is prohibited by law.
Don't scrape or bulk-extract. Do not use bots, scrapers, crawlers, or automated means to access the Service or extract data from it, except through an API we may publish and authorize in the future.
Don't resell it. Do not rent, lease, sublicense, white-label, or resell the Service. Do not sell, redistribute, or commercially exploit Trabeate's outputs as a standalone product or data set. Using Trabeate's outputs in your own investment work — including sharing an analysis with your lender, partner, agent, accountant, or attorney — is fine and expected. When you share an exported analysis, the disclaimer printed on it travels with it and governs how the recipient should read it.
Don't use it to build a competing product. Do not use the Service itself, or bulk quantities of its output, to develop or train a competing product or service, or to train any machine learning or artificial intelligence model. This does not restrict your use of your own analyses in your own investment work.
Don't misrepresent what Trabeate produces. Do not present any Trabeate output as an appraisal, a certified valuation, a comparative market analysis, a broker price opinion, or the work of a licensed appraiser or broker. Do not submit Trabeate output to a lender, insurer, court, or taxing authority as if it were any of those things.
Don't use it for credit or tenant decisions. Do not use the Service, or its outputs, to make or support a decision about any individual's eligibility for credit, insurance, housing, or employment, or for tenant screening. Trabeate is not a consumer reporting agency and its outputs are not consumer reports.
Don't use it to discriminate. Do not use the Service in any way that violates the Fair Housing Act, the Equal Credit Opportunity Act, or any other federal, state, or local fair housing or anti-discrimination law.
Don't misuse other people's information. Do not upload personal information about anyone else without a lawful basis for doing so.
Don't impersonate. Do not misrepresent your identity or your affiliation with any person or organization.
If you violate this section, we may remove content, suspend or terminate your access, and — where warranted — report the matter to law enforcement.
10. Our intellectual property
The Service — including its software, calculation methodologies, calculation models, interfaces, design, text, graphics, and documentation — belongs to Trabeate and its licensors, and is protected by intellectual property law. Your Content, and the outputs generated from it, are excluded from this section; see §7.1.
Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Service for your own real estate investment analysis, whether personal or for your business.
That's a license to use the Service. It is not a sale, and it does not transfer any ownership. All rights not expressly granted are reserved. "Trabeate," our logo, and our brand elements are our trademarks — do not use them without our written permission, except to refer to Trabeate accurately.
11. Feedback
If you send us ideas, suggestions, feature requests, bug reports, or other feedback ("Feedback"), you grant us a perpetual, irrevocable, worldwide, royalty-free, sublicensable license to use, modify, and commercialize that Feedback for any purpose, with no obligation to compensate or credit you.
We would rather hear your ideas than not, and this clause exists so that acting on a good suggestion doesn't create a legal problem. If you want to keep an idea to yourself, please don't send it to us.
12. No investment, financial, legal, tax, or real estate advice
This section is the most important one in these Terms. Our full Disclaimer is incorporated here by reference and forms part of these Terms.
Trabeate is a calculation tool, not an adviser. Trabeate is not an investment adviser, financial adviser, broker-dealer, real estate broker or agent, appraiser, lender, accountant, or attorney, and does not act as your agent or fiduciary. No advisory, fiduciary, agency, brokerage, or confidential relationship is created by your use of the Service.
Nothing the Service produces is advice. No output of the Service constitutes investment, financial, legal, tax, accounting, appraisal, lending, or real estate advice, or a recommendation, offer, or solicitation to buy, sell, finance, or hold any property or security.
Projections are not results. All cash flow projections, returns, cap rates, internal rates of return, valuations, rent estimates, expense estimates, and comparable-property analyses produced by the Service are hypothetical projections based on assumptions — not actual results, not predictions, and not guarantees. Those assumptions, including any defaults we supply, are subjective. Different assumptions produce materially different results. No representation is made that any projected return will or is likely to be achieved. Real estate investments carry risk, including the risk that you lose some or all of your investment.
Nothing the Service produces is an appraisal. If the Service produces any value, valuation, estimated value, after-repair value, rent estimate, or comparable-property information, that output is an automated estimate generated by software. It is not an appraisal, not a comparative market analysis, not a broker price opinion, not prepared by a licensed or certified appraiser or real estate broker, and does not comply with the Uniform Standards of Professional Appraisal Practice. It may not be used in place of an appraisal, or for any lending, federally related transaction, tax, insurance, estate, or litigation purpose.
We do not verify anything. We do not independently verify the information you enter, the assumptions you select, or any third-party data. We do not conduct due diligence on any property.
Your decisions are yours. You are solely responsible for your own investment decisions and for independently verifying all information before acting on it. You agree that you will not rely on the Service as the sole basis for any decision to acquire, finance, dispose of, or improve any property. Consult appropriately licensed professionals — an appraiser, a real estate broker, an attorney, a lender, and a tax adviser — before making any real estate decision.
13. Third-party services and links
If the Service ever links to or integrates with services we do not control, we are not responsible for their content, accuracy, availability, practices, or terms. Your use of them is between you and them, and subject to their agreements. We may add, change, or remove an integration at any time.
14. Disclaimer of warranties
THE SERVICE IS PROVIDED "AS IS," "AS AVAILABLE," AND "WITH ALL FAULTS."
To the fullest extent permitted by law, Trabeate disclaims all warranties, whether express, implied, or statutory, including the implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.
We do not warrant that:
- the Service will be uninterrupted, timely, secure, or error-free;
- any defect will be corrected;
- the Service, or any data, calculation, projection, estimate, or analysis it produces, is accurate, complete, current, or reliable; or
- your use of the Service will produce any particular investment outcome, return, or result.
Any material you obtain through the Service is obtained at your own discretion and risk, and you are solely responsible for any resulting loss.
No advice or information, whether oral or written, obtained from Trabeate or through the Service, creates any warranty not expressly stated in these Terms.
Where the law does not permit the exclusion of a particular warranty, that exclusion does not apply, and you keep whatever rights the law gives you. New Jersey law limits some of these exclusions — §22 states exactly how this section applies to New Jersey residents.
15. Limitation of liability
To the fullest extent permitted by law:
Trabeate will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, business opportunity, goodwill, or anticipated savings — or for any lost investment, diminution in property value, failed transaction, or investment loss — arising out of or relating to the Service or these Terms, regardless of the legal theory and even if we have been advised of the possibility of such damages.
Trabeate's total aggregate liability for all claims arising out of or relating to the Service or these Terms will not exceed the greater of (a) the total amount you paid us in the twelve months before the event giving rise to the claim, and (b) one hundred United States dollars (US$100).
These limits apply even if a limited remedy fails of its essential purpose.
Why the $100 figure: Trabeate is currently free, so the floor exists to make the cap a real number rather than zero.
What is not limited. Nothing in these Terms limits or excludes liability that cannot be limited or excluded by law — including liability for fraud, fraudulent misrepresentation, willful misconduct, gross negligence, or personal injury or death caused by negligence.
Where the law does not permit a particular limitation of liability, that limitation does not apply. New Jersey law limits some of these exclusions — §22 states exactly how this section applies to New Jersey residents.
16. Indemnification
You agree to indemnify and hold harmless Trabeate from any third-party claim, and any resulting loss, liability, damage, or reasonable legal fee, that arises out of:
- your violation of §9 (Acceptable use);
- your breach of the representations you make in §7.4 and §8 about content you enter — including any claim that content you entered infringes a third party's rights or breaches your agreement with a multiple listing service, listing provider, or data vendor; or
- your violation of applicable law in connection with your use of the Service.
This obligation is limited to the three situations listed above. It does not extend to claims arising from our own acts or omissions, from defects in the Service, or from anything other than your own conduct.
We will notify you promptly of any claim, give you the opportunity to control the defense with counsel of your choosing, and cooperate reasonably at your expense. You may not settle any claim in a way that imposes any obligation or admission on us without our written consent, which we will not unreasonably withhold.
If you are a New Jersey resident, see §22.
17. Suspension and termination
You may stop using the Service at any time, and — once accounts exist — delete your account at any time.
We may suspend or terminate your access:
- immediately, if we reasonably believe you have violated §9 (Acceptable use), or that your use poses a security or legal risk to us or to others;
- for any other material breach of these Terms, after giving you notice and a reasonable opportunity to fix it, where fixing it is possible; or
- if we discontinue the Service, on reasonable notice.
On termination: your license to use the Service ends. Unless we terminated you for a serious violation of §9, you will have at least 30 days to export Your Content, after which we will delete it as described in our Privacy Policy.
What survives: §7.1, §7.2 (only as to routine backups), §7.4, §7.5, §10, §11, §12, §14, §15, §16, §17, §20, §21, §22, and §23 survive termination.
18. Changes to the Service
We may add, change, suspend, or discontinue any part of the Service at any time. Where a change would materially reduce functionality you rely on, we will give you reasonable advance notice where we practically can. If you have paid for something and we discontinue it, we will refund the unused portion.
During beta, please read §5 — the Service is expected to change substantially.
19. Changes to these Terms
We may update these Terms. We keep every version, and each is dated.
- Minor changes — clarifications, corrections, formatting — take effect when posted, and we update the "Last updated" date.
- Material changes — anything that meaningfully reduces your rights or increases your obligations — will be posted with a future effective date at least 30 days out. The current version stays in effect until then. If we have your email address, we will email you and summarize what changed in plain language.
- Once accounts exist, we will also ask you to affirmatively accept material changes the next time you sign in.
If you do not agree to a change, stop using the Service before it takes effect. We will not treat continued use alone as acceptance of a material change.
Every prior version remains available so you can see exactly what these Terms said at any point in time.
20. Governing law and venue
These Terms, and any dispute arising out of or relating to them or the Service, are governed by the laws of the State of New Jersey, without regard to its conflict-of-laws rules. The United Nations Convention on Contracts for the International Sale of Goods does not apply.
You and Trabeate agree that any lawsuit will be brought exclusively in the state or federal courts located in New Jersey, and both of us consent to the personal jurisdiction of those courts.
This does not deprive you of the protection of the mandatory consumer protection laws of the state or country where you live. If you are a consumer, you may also have the right to bring proceedings in your local courts, and any right you have under the law of your home jurisdiction that cannot be waived by contract remains available to you.
21. Resolving disputes
We would like to sort out problems without lawyers. If you have an issue, email legal@trabeate.com describing it. We will do the same if we have an issue with you. Both of us agree to spend 30 days trying to resolve it informally before starting any formal proceeding.
Small claims. Either of us may bring a claim in small claims court instead, if it qualifies. Nothing in this section prevents that, and the 30-day informal period above does not apply to a small claims filing.
Class action waiver. To the extent permitted by law, you and Trabeate each agree to bring claims against the other only in an individual capacity, and not as a plaintiff or class member in any class, collective, consolidated, or representative proceeding. If this waiver is found unenforceable as to a particular claim, this paragraph does not apply to that claim — and the claim proceeds in court, with the rest of §21 remaining in effect.
Jury trial waiver. To the extent permitted by law, you and Trabeate each waive any right to a jury trial.
Time limit. Any claim arising out of or relating to the Service or these Terms must be brought within one year after the claim arose, or it is permanently barred — except where a longer period is required by law and cannot be shortened by agreement. The 30-day informal resolution period above pauses this one-year clock while it runs.
We do not require binding arbitration. You are not giving up your right to go to court.
If you are a New Jersey resident, see §22.
22. Notice to New Jersey residents
Trabeate operates from New Jersey, and we want to be precise about how these Terms apply to New Jersey consumers rather than relying on general language.
If you are a New Jersey resident:
- The provisions in §14 (Disclaimer of warranties), §15 (Limitation of liability), §16 (Indemnification), and §21 (Class action waiver, jury trial waiver, and one-year time limit) apply to you only to the extent that New Jersey law permits. Where New Jersey law does not permit a limitation, exclusion, waiver, or shortened time period stated in those sections, that provision does not apply to you, and the rest of these Terms remain in effect.
- Nothing in these Terms waives, limits, or otherwise affects any right or remedy available to you under the New Jersey Consumer Fraud Act (N.J.S.A. 56:8-1 et seq.), the New Jersey Truth-in-Consumer Contract, Warranty and Notice Act (N.J.S.A. 56:12-14 et seq.), or any other law of the State of New Jersey.
- Nothing in these Terms limits any claim against Trabeate for fraud, willful misconduct, gross negligence, or personal injury or death caused by negligence.
- More generally: no provision of these Terms applies to you to the extent New Jersey law does not permit it. Where New Jersey law gives you a right that these Terms appear to limit, New Jersey law controls. This includes §20 (Governing law and venue) and §23 (General).
23. General
Severability. If any provision of these Terms is held invalid or unenforceable, that provision is modified to the minimum extent necessary to make it enforceable, or struck if it cannot be. The rest of these Terms remain in full effect.
No waiver. If we do not enforce a provision, that is not a waiver of our right to enforce it later.
Entire agreement. These Terms, together with the Privacy Policy, Cookie Policy, and Disclaimer, are the entire agreement between you and Trabeate regarding the Service, and supersede any prior agreement or understanding on the subject.
Assignment. You may not assign or transfer these Terms without our written consent. We may assign these Terms in connection with a merger, acquisition, reorganization, or sale of substantially all our assets, or to an affiliate.
Force majeure. Neither of us is liable for a failure or delay caused by something outside our reasonable control — including natural disaster, war, terrorism, civil unrest, labor dispute, government action, pandemic, cyberattack, or failure or outage of a cloud hosting provider, internet service provider, or upstream network. This does not excuse a payment obligation.
Relationship. These Terms do not create any partnership, joint venture, agency, franchise, or employment relationship between you and Trabeate.
Notices. We may send you notices by email to the address you gave us, or by posting on the Service. You may send us notices at legal@trabeate.com and at the postal address in §24. A notice is effective when sent, unless the sender knows it was not delivered.
Export and sanctions. You represent that you are not located in, and will not use the Service on behalf of anyone located in, a country or region subject to comprehensive United States sanctions, and that you are not on any United States government restricted-party list.
Headings. Section headings are for convenience and do not affect interpretation.
24. Contact
Legal notices and questions about these Terms: legal@trabeate.com Privacy questions and requests: privacy@trabeate.com Postal: [POSTAL ADDRESS]
Trabeate — Terms of Service v1.0 — Effective August 17, 2026