Terms of Service

1. Acceptance of Terms

By creating an account or using the SplitRent service ("Service"), you agree to be bound by these Terms of Service. If you are using the Service on behalf of a property management company or landlord, you represent that you have the authority to bind that entity to these terms.

2. Description of Service

SplitRent provides an intelligent household expense management platform. Key features include:

• AI-powered parsing of utility bills and expenses.
• Automatic invoice generation for roommates ("Tenants").
• Email forwarding for automated bill ingestion.
• Payment tracking and property management dashboards.

3. Subscription and Payments

4. AI Accuracy and "As-Is" Service

SplitRent uses Artificial Intelligence (LLMs) to extract data from bills. While we strive for high accuracy, AI parsing is not infallible.

5. Data and Bill Processing

Our Service processes bill documents (PDFs, images) entirely in-memory. We do not permanently store your original bill files. We only store the structured metadata (amounts, dates) extracted from those bills to facilitate invoicing. You retain ownership of your data.

6. Termination

You may cancel your subscription at any time through your settings. Upon cancellation, your property will remain active until the end of the current billing cycle. We reserve the right to suspend or terminate accounts that violate these terms or engage in fraudulent activity.

7. Limitation of Liability

To the maximum extent permitted by law, SplitRent shall not be liable for any indirect, punitive, or consequential damages, including loss of profits or data, arising from your use of the Service or any inaccuracies in the automated parsing functionality.