Legal

Terms of Service

Last updated: March 12, 2026 · Palmer Software · Westfield, IN

⚠ Important: LeaseAI is an AI-powered tool designed to assist with lease abstraction. Results generated by LeaseAI are not legal advice and should always be reviewed and verified by a qualified real estate attorney or professional before being relied upon for any legal, financial, or business decision.

1Acceptance of Terms

By accessing or using LeaseAI at tryleaseai.com (the “Service”), you agree to be bound by these Terms of Service (“Terms”). If you do not agree to these Terms, do not use the Service.

These Terms constitute a legally binding agreement between you (“User,” “you,” or “your”) and Palmer Software (“Company,” “we,” “us,” or “our”), operated by Max Palmer, Westfield, Indiana.

By creating an account or using the Service, you represent that you are at least 18 years of age and have the legal capacity to enter into this agreement. If you are using the Service on behalf of a business or organization, you represent that you have authority to bind that entity to these Terms.

2Service Description

LeaseAI is an AI-powered lease abstraction platform that uses artificial intelligence to extract, summarize, and organize key data points from commercial and residential lease documents. The Service is intended to assist real estate professionals, attorneys, property managers, and other users in analyzing lease agreements more efficiently.

Features of the Service may include, but are not limited to:

  • Automated extraction of lease terms, dates, rent amounts, and clauses
  • Structured data export and reporting
  • Document storage and management (where enabled by the user)
  • Portfolio-level lease analytics

We reserve the right to modify, suspend, or discontinue any aspect of the Service at any time with reasonable notice.

3Account Terms

3.1 Registration

You must create an account to access the Service. You agree to provide accurate, current, and complete information during registration and to update such information as necessary.

3.2 Account Security

You are responsible for maintaining the confidentiality of your account credentials. You agree to notify us immediately at hello@tryleaseai.com if you become aware of any unauthorized use of your account. We are not liable for any loss or damage resulting from unauthorized access to your account due to your failure to safeguard your credentials.

3.3 Account Responsibility

You are responsible for all activity that occurs under your account, including all content uploaded and actions taken through your account. Each account is for a single user; sharing accounts or login credentials is prohibited unless you have a multi-seat plan explicitly allowing it.

3.4 Age Requirement

You must be at least 18 years old to create an account. We do not knowingly collect information from minors. If we become aware that a user is under 18, we will terminate that account.

4Billing & Payments

4.1 Payment Processing

All payments are processed through Stripe, Inc., a third-party payment processor. By providing payment information, you agree to Stripe's Terms of Service and authorize us to charge the applicable fees to your payment method.

4.2 Subscription Plans

LeaseAI may offer free and paid subscription tiers. Paid plans are billed on a recurring basis (monthly or annually, as selected). By subscribing to a paid plan, you authorize us to charge your payment method automatically at the beginning of each billing period.

4.3 Free Trials

If we offer a free trial, you will not be charged until the trial period ends. You may cancel before the trial ends to avoid charges. If you do not cancel, your subscription will automatically convert to a paid plan.

4.4 Cancellation

You may cancel your subscription at any time through your account settings or by contacting us at hello@tryleaseai.com. Cancellation takes effect at the end of the current billing period. You will retain access to paid features through the end of the period for which you have paid.

4.5 Refunds

All fees are non-refundable except as required by applicable law or as expressly stated in a promotional offer. If you believe you were charged in error, contact us within 30 days of the charge at hello@tryleaseai.com.

4.6 Price Changes

We reserve the right to modify our pricing at any time. We will provide at least 30 days' advance notice of any price increases. Continued use of the Service after a price change constitutes your acceptance of the new pricing.

4.7 Taxes

You are responsible for all applicable taxes, levies, or duties imposed on your purchase. Where required by law, we may collect and remit applicable taxes.

5Data Processing

5.1 Uploaded Documents

When you upload lease documents to LeaseAI, you grant us a limited, non-exclusive license to process those documents solely for the purpose of providing the Service. We do not sell your documents or their contents to third parties.

5.2 AI Processing

Uploaded documents may be transmitted to third-party AI model providers (such as Anthropic or OpenAI) solely for the purpose of performing lease extraction. These providers process data under their own data processing agreements and privacy policies. We contractually require these providers to treat your data as confidential and not use it to train their models beyond what is required to provide the Service.

5.3 Data Retention

By default, uploaded lease documents are processed and then deleted from our servers. If you choose to enable document storage within the Service, your documents will be retained until you delete them or close your account. See our Privacy Policy for full details on data retention practices.

5.4 Data Security

We implement commercially reasonable technical and organizational measures to protect your data. However, no method of transmission over the internet or electronic storage is 100% secure. We cannot guarantee absolute security.

5.5 Your Data Rights

You retain all ownership rights to the documents you upload. You may request deletion of your data at any time. See our Privacy Policy for more information on your rights.

6AI Disclaimer & No Legal Advice

LeaseAI outputs are not legal advice. The AI-generated abstractions, summaries, and extracted data are provided for informational and efficiency purposes only. They do not constitute legal, financial, real estate, or professional advice of any kind.

AI models can and do make errors. Extracted lease data may be incomplete, inaccurate, or misinterpreted. You acknowledge and agree that:

  • All AI-generated results must be independently reviewed and verified by a qualified attorney, real estate professional, or other appropriate expert before being relied upon.
  • We make no representations or warranties about the accuracy, completeness, or fitness for a particular purpose of any AI-generated output.
  • You assume all risk associated with relying on AI-generated output without independent verification.
  • We are not responsible for any decisions made or actions taken based on information provided by the Service.

If you need legal advice regarding a lease, consult a licensed attorney in your jurisdiction.

7Acceptable Use

You agree to use the Service only for lawful purposes and in accordance with these Terms. You agree not to:

  • Upload documents containing malware, viruses, or malicious code
  • Use the Service to process documents you do not have the right to share
  • Attempt to gain unauthorized access to the Service or its systems
  • Reverse engineer, decompile, or disassemble any part of the Service
  • Use automated tools (bots, scrapers) to access the Service except through our official API
  • Resell or sublicense the Service without express written permission
  • Use the Service for any illegal purpose, including violation of privacy laws
  • Interfere with or disrupt the integrity or performance of the Service
  • Upload documents containing content that is unlawful, defamatory, or harassing
  • Attempt to circumvent any usage limits, access controls, or billing mechanisms

We reserve the right to investigate suspected violations and to suspend or terminate accounts that violate this policy.

8Intellectual Property

8.1 Our IP

The Service, including its software, design, branding, algorithms, and documentation, is owned by Palmer Software and protected by intellectual property laws. Nothing in these Terms transfers any ownership rights in the Service to you.

8.2 Your Content

You retain ownership of all documents and content you upload to the Service. You grant us a limited license to process that content solely to provide the Service. You represent that you have all necessary rights to upload and process the documents you submit.

8.3 Feedback

If you submit feedback, suggestions, or ideas about the Service, you grant us a non-exclusive, royalty-free, perpetual license to use that feedback to improve the Service without any obligation to you.

9Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

  • THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
  • PALMER SOFTWARE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA, OR BUSINESS, ARISING OUT OF OR RELATED TO YOUR USE OF THE SERVICE.
  • OUR TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE SHALL NOT EXCEED THE GREATER OF (A) THE AMOUNT YOU PAID TO US IN THE 12 MONTHS PRECEDING THE CLAIM, OR (B) $100 USD.

Some jurisdictions do not allow the exclusion of certain warranties or the limitation of liability for certain damages. In such jurisdictions, our liability is limited to the maximum extent permitted by law.

10Indemnification

You agree to indemnify, defend, and hold harmless Palmer Software, its officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including reasonable attorneys' fees) arising from:

  • Your use of the Service in violation of these Terms
  • Your violation of any applicable law or third-party right
  • Any content or documents you upload to the Service
  • Any reliance on AI-generated output without independent professional verification

11Termination

11.1 Termination by You

You may close your account and terminate your use of the Service at any time by contacting us at hello@tryleaseai.com or through your account settings. Upon termination, your right to use the Service will immediately cease.

11.2 Termination by Us

We reserve the right to suspend or terminate your account at any time, with or without notice, if:

  • You violate these Terms or our Acceptable Use Policy
  • We determine your use poses a security risk or legal liability
  • We discontinue the Service
  • You fail to pay applicable fees

11.3 Effect of Termination

Upon termination, all licenses granted to you under these Terms will immediately terminate. We will delete your data in accordance with our Privacy Policy. Provisions that by their nature should survive termination (including liability limitations, indemnification, and governing law) will remain in effect.

12Changes to Terms

We may update these Terms from time to time. When we make material changes, we will notify you by email or by posting a notice within the Service at least 14 days before the changes take effect. Your continued use of the Service after the effective date of the changes constitutes acceptance of the updated Terms.

If you do not agree to the updated Terms, you must stop using the Service before the changes take effect.

13Governing Law & Disputes

These Terms shall be governed by and construed in accordance with the laws of the State of Indiana, without regard to its conflict of law provisions.

Any dispute arising from or relating to these Terms or the Service shall first be subject to informal resolution by contacting us at hello@tryleaseai.com. If the dispute cannot be resolved informally within 30 days, it shall be resolved by binding arbitration in accordance with the American Arbitration Association rules, conducted in Hamilton County, Indiana.

You waive any right to participate in a class action lawsuit or class-wide arbitration against Palmer Software.

14Contact

Questions about these Terms? Contact us:

Palmer Software
Attn: Max Palmer
Westfield, Indiana
Email: hello@tryleaseai.com
Website: tryleaseai.com