What are Terms of Service?

The rules and regulations that are attached to a piece of software by the service provider are called the Terms of Service (ToS). It is a legal agreement between the provider of the service and the user who wishes to use it. You can also apply to Web-based services and products. When a piece of software or Web-service of the provider appends regulations to these software or service items, those ordinances are known as the terms of service. Whenever you click service or software, firstly, you will have to agree to the regulations mentioned in the Terms of Service, since terms of service is a common agreement that every service will have in this digital growing world.

Terms of service and End-user licensing agreements (EULA) are very similar. The difference between the two is in the products to which they are attached. End-user licensing agreements is used in software products, such as video games, whereas ToS is applied to people utilizing a service. Terms of service can be used with virtually every type of software, such as programs dedicated to graphic design and word processors.

A Terms of Service agreement can cover a wide range of elements such as:
1. Accountability provisions
2. Privacy policies
3. Opt-out provisions
4. Liability provisions
To draft the best terms of services, you can refer to a professional or a CA or can obtain legal advice too. A term of service agreement can outline a process where the users will help resolve their grievances. Generally, a Terms of service agreement defines the prohibited user actions i.e. the actions that a user shouldn't be doing. For example, users shouldn't post offensive content. In that regard, a Terms of service agreement for a specific service would have this mentioned in their terms i.e. offensive content will be prohibited and actions might be taken against. The regulations and conditions depend on each service and website. Not all websites have the same Terms of Service. Typically, a Terms of service agreement agreement acts as a contract between a service provider and the people or the users who are using the service.

Importance of Terms of Service & Privacy Policy

Every online business needs to specify a detailed description of their terms and conditions and the privacy policy eminently featured on their online site. A lot of users tend to overlook the pages that host the T&C not knowing their importance. Each website should own its terms of services and privacy policy mentioned in a detailed way. The website authority/owner has the power to change the regulations of the site.

The terms of service contract details specifically the circumstances on which the service is rendered, whereas the privacy policy for website specifies to the clients how their information will be handled by the company. Usually, the commitment between a service provider and a client is called a service level agreement. The service provider and the service user agree with a few aspects of the services such as the quality, responsibilities, availability, preferences on the service level agreement.

Documents Required for Registration of Lease Deed in India

For registering a residential lease deed basic documents are required:
1. Lease deed.
2. Stamp paper.
3. Receipt of registration fees.

For registering a commercial lease deed, the following documents are required:
1. Power of attorney/board resolution on company letterhead.
2. ID proof like Aadhaar Card, Driving Licence, Passport, etc.
3. Address Proof of the authorized signatory.
4. Passports sized colored photographs of the authorized signatory.
5. Company PAN card.
6. Company seal/stamp of authorized signatory.


Terms Of Service
All service producers should let their clients know about the conditions below which the services are rendered. To keep things transparent, these conditions are informed through a set of terms-of-service, which lays the boundaries and the legal liaison between both parties. Frequently used by online service providers, the contract is legally confining and can be changed without giving prior announcements. Therefore, every online website must have terms & conditions mentioned on their website.

Privacy Policy
A contract that details and specifies the length to which a person can use your information, acknowledge and manage the same is a Privacy Policy. It verifies the privacy policy for a website, firm or company on accumulating and exposing information about a client or guest. The guidelines should detail what information is received, kept classified or shared with or sold to other firms, researchers or sellers. In an e-commerce business, it is compulsory to have a privacy policy for websites on their company’s/firm’s websites.