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License Terms

Terms of Service

These Terms are only applicable to Bookings made prior to August 1, 2022 and remain online for reference only.&nbsp;For our updated Terms of Service, please <a href="https://www.placeholder.co/legal">click here.</a>&nbsp;Last updated on July 8, 2020.&nbsp;This Cancellation Policy is part of the Placeholder <a href="https://placeholder.co/terms/#service">Terms of Service</a> and Placeholder Policies and supplement and is incorporated into the Agreement. This Cancellation Policy includes additional terms and conditions under which you may act as a Host or Guest through the Placeholder Platform under the Agreement.&nbsp;Please read this Cancellation Policy carefully as it contains important information about your legal rights, remedies and obligations. By accessing or using the Placeholder Platform, you agree to comply with and be bound by this Cancellation Policy.&nbsp;All capitalized terms have the meaning set forth in the Placeholder <a href="https://placeholder.co/terms/#service">Terms of Service</a>, <a href="https://placeholder.co/terms/#license">License Terms</a>, or <a href="https://placeholder.co/terms/#payment">Payment Terms of Service</a>, unless otherwise defined in this Cancellation Policy. If there is a conflict between this Cancellation Policy and the remainder of the Agreement, the terms of the Agreement not included in this Cancellation Policy will take precedence.&nbsp;Key Definitions“Total Booking Value” means the sum of all Place Fees and Taxes paid by the Guest during the Commitment Term, if defined in the Booking.&nbsp;<h3>Cancellation by the Guest</h3>&nbsp;After the Booking Date and before the Start Date<ul><li>If the Guest chooses to cancel the Booking after the Booking Date and less than thirty (30) days before the Start Date, and the Host has not found an alternate Guest and confirmed a new Booking for the same Place, the Security Deposit charged as part of the Initial Payment will&nbsp;notbe refunded and the Setup Fees will be refunded; otherwise, the Initial Payment will be refunded.</li></ul>During a Commitment Term<ul><li>If the Guest chooses to cancel the Booking after the Start Date but before the end of the Commitment Term, if defined in the Booking, (i) the Place Fee and Taxes paid for the then-current calendar month will&nbsp;not be refunded, (ii) 100% of the remaining unpaid Place Fees and Taxes for the Commitment Term are immediately due and payable by the Guest, and (iii) the Security Deposit will be refunded if it is not required to settle any amounts owed by the Guest.</li><li>If the Guest chooses to cancel the Booking after the Start Date but before the end of the Commitment Term, subject to the approval of the Host and Placeholder, the Guest&nbsp;may request that the Listing be re-listed on the Placeholder Service in order to attempt to find a replacement Guest. If a replacement Guest is found and a new Booking is made with Total Booking Value equal to or greater than the Total Booking Value of the original Booking, the&nbsp;remaining unpaid Place Fees and Taxes for the Commitment Term will no longer be immediately due and payable by the Guest.&nbsp;If a replacement Guest is found and a new Booking is made with&nbsp;Total Booking Value&nbsp;less than the&nbsp;Total Booking Value&nbsp;of the original Booking, the difference&nbsp;in value between the new Booking and the original Booking is immediately due and payable by the Guest.</li><li>If the Guest wishes to cancel the Booking at the end of the Commitment Term, it must notify the Host and Placeholder in advance of its declared End Date by the amount of days stated in the Booking (typically 30, 60, or 90 days).</li></ul>No Commitment Term<ul><li>If the Guest chooses to cancel the Booking after the Start Date and no Commitment Term is defined in the Booking, (i) any Place Fees, Setup Fees, and Taxes paid will&nbsp;not be refunded to the Guest, and (ii) the Security Deposit will be refunded to the Guest.</li><li>If at any time the Guest wishes to cancel the Booking, it must notify the Host and Placeholder in advance of its declared End Date by the amount of days stated in the Booking (typically 30, 60, or 90 days).</li></ul>&nbsp;<h3>Cancellation by the Host&nbsp;</h3>&nbsp;<ul><li>If the Host chooses to cancel the Booking after the Start Date, (i) a pro-rated portion of the Place Fee and Taxes for the partial month between the End Date and the end of the calendar month will be refunded to the Guest, and (ii) the Security Deposit will be refunded to the Guest. If a Commitment Term was defined in the Booking,&nbsp;the&nbsp;remaining unpaid Place Fees and Taxes for the Commitment Term will no longer be due and payable by the Guest.</li><li>If at any time the Host wishes to cancel the Booking, it must notify the Guest and Placeholder&nbsp;in advance of its declared End Date by the amount of days stated in the Booking (typically 30, 60, or 90 days).</li></ul>

Cancellation Policy

Please <a href="https://placeholder.co/legal/#privacy-policy">click here</a> for our updated Privacy Policy.

Privacy Policy

These Terms are only applicable to Bookings made prior to August 1, 2022 and remain online for reference only.&nbsp;For our updated Terms of Service, please <a href="https://www.placeholder.co/legal">click here.</a>&nbsp;Last updated on July 8, 2020.&nbsp;To help us operate the PlaceHolder service, we charge fees to Members (i) when a Booking is confirmed, and (ii) on a monthly basis during the Booking Term.<h2>&nbsp;</h2><h2>Host Fees</h2>There are no fees for Hosts using the PlaceHolder service.<h2>&nbsp;</h2><h2>Guest Fees</h2>The Guest Fee is added to the Host’s List Fee and ranges between 3% and 20% of the Place Fee paid by the Guest. The Guest Fee is calculated based on the amount of the List Fee. The Place Fee shown in Listings is inclusive of the Guest Fee.

Service Fees

Payment Terms of Service

Please read these Terms of Service (“Terms”) carefully as they contain important information about your legal rights, remedies and obligations.

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