Terms of Service

1.1 Provider

The operator of the Ownerio web application (hereinafter referred to as "Application" or "Service") is:

1.2 Subject of Terms

These Terms of Service (hereinafter referred to as "Terms") govern the rights and obligations between the Provider and users of the Application (hereinafter referred to as "User") when using the Service.

1.3 Acceptance of Terms

By registering and using the Application, the User confirms that they have read these Terms and agree to them. If the User does not agree to the Terms, they are not authorized to use the Application.

2.1 Application Features

Ownerio is a web application for personal finance management that enables:

• Recording and tracking assets (property, investments, savings)
• Recording and tracking liabilities (debts, mortgages, loans)
• Setting and tracking financial goals
• Visualizing financial status through charts and summaries
• Predicting future development of assets and debts
• Multi-currency support with automatic conversion

2.2 Nature of Service

The Application does not provide financial, investment, or tax advice.

All information displayed in the Application is for informational purposes only and serves for the User's personal records. The User is fully responsible for their financial decisions. The Provider bears no responsibility for financial losses or damages arising from information displayed in the Application or decisions made based on such information.

3.1 User Declarations

By registering, the User declares and warrants that:

• they are fully legally competent and over 18 years of age
• their legal capacity has not been limited to an extent that would prevent them from entering into the Agreement and using the Service
• the information provided during registration is true, complete, and current
• they have read these Terms before registration, fully understand them, and agree to them

3.2 Registration

Registration is required to use the Application. The User can register using an email address and password or a third-party account (Google, Apple, etc.).

3.3 User Obligations

The User is obligated to:

• Provide true and current information
• Protect their login credentials from misuse
• Not provide access to their account to third parties
• Immediately inform the Provider of any suspicion of unauthorized access to their account

3.4 One Account per Person

Each User may have only one user account. Creating multiple accounts by one person is prohibited.

4.1 Trial Period

New users are provided with a 14-day free trial period. During the trial period, the User has access to all features of the Application. After the trial period expires, the first payment is automatically charged according to the selected plan.

4.2 Plans

The Application offers the following plans:

The annual plan provides approximately 15% savings compared to the monthly plan.

4.3 Payment Methods

Payments are processed through the Stripe payment gateway. The Provider does not store Users' payment card information.

4.4 Automatic Renewal

The subscription automatically renews at the end of each billing period until cancelled by the User.

4.5 Plan Change

The User may request a plan change (from monthly to annual or vice versa) by contacting support at kontakt@martinpanek.cz. The plan change takes effect from the next billing period.

4.6 Refund Policy

Subscription payments are non-refundable.

After payment of the subscription, it is not possible to request a refund, even in the case of early cancellation of the subscription. The exception is when the User cancels the subscription during the 14-day trial period before the first payment is charged - in such case, no amount will be charged.

4.7 Right of Withdrawal

The User acknowledges that pursuant to Section 1837(l) of the Czech Civil Code, they do not have the right to withdraw from the Agreement within 14 days of its conclusion, as the Service constitutes the provision of digital content that is not supplied on a tangible medium, and the User has expressly consented to the commencement of the Service before the expiry of the withdrawal period.

By registering and concluding the Agreement, the User confirms their express consent to the immediate provision of the Service. This does not affect the User's option to cancel the Subscription during the Trial Period pursuant to Article 5.1 of these Terms.

5.1 Cancellation Procedure

The User may cancel their subscription at any time through the settings in the Application. Cancellation takes effect at the end of the current billing period.

5.2 Access After Cancellation

After cancelling the subscription, the User continues to have access to the Application until the end of the paid period. After this date, access to paid features will be restricted.

5.3 Data Retention

User data is retained for 90 days after account cancellation. During this period, the User may renew their subscription and regain access to their data. After 90 days, the data will be permanently deleted.

6.1 Service Provision

The Provider undertakes to:

• Provide the Service in accordance with these Terms
• Ensure reasonable availability of the Application
• Protect User data in accordance with the Privacy Policy
• Inform Users of significant changes to the Service

6.2 Maintenance and Outages

The Provider reserves the right to:

• Perform scheduled maintenance of the Application
• Temporarily restrict Service availability for technical reasons
• Update and modify Application features

The Provider does not guarantee continuous availability of the Service.

6.3 Account Termination by Provider

The Provider reserves the right to terminate or suspend a User's account in case of:

• Violation of these Terms
• Misuse of the Service
• Fraudulent or illegal conduct
• Long-term inactivity (more than 12 months without login and without active subscription)

7.1 Authorized Use

The User is authorized to use the Application exclusively for personal, non-commercial purposes in accordance with these Terms.

7.2 Prohibited Activities

The User must not:

• Use the Application for illegal purposes
• Attempt to gain unauthorized access to the Provider's systems
• Distribute malicious software or disrupt Application operation
• Copy, modify, or distribute Application content
• Use automated tools to access the Application (bots, scrapers, etc.)
• Share their account with third parties

8.1 Data Responsibility

The User is solely responsible for:

• Accuracy and currency of entered data
• Decisions made based on information from the Application
• Security of their login credentials

8.2 Limitation of Provider's Liability

The Provider is not liable for:

• Financial losses arising from decisions made using the Application
• Data loss caused by circumstances beyond the Provider's control
• Damages resulting from Service outages or unavailability
• Inaccuracies in exchange rates or predictions
• Damages caused by unauthorized access to the User's account

8.3 Maximum Compensation

In case of a legitimate claim for damages, the Provider's liability is limited to the amount of payments made by the User for the last 12 months of Service use.

8.4 Rights from Defective Performance

In the case of a Consumer User, the relevant provisions of the Czech Civil Code apply to the exercise of rights from defective performance. The Consumer User has in particular the following rights:

• Defect removal – The User may request the Provider to remove a defect in the Service within a reasonable time after reporting it. The Provider is obligated to remove the defect at their own expense.
• Discount or withdrawal – The User has the right to request a reasonable discount on the Service price or to withdraw from the Agreement if: (a) the Provider has refused to remove the defect or has not removed it within a reasonable time; (b) the defect occurs repeatedly; (c) the defect constitutes a material breach of the Agreement; (d) it is evident from the Provider's statement or circumstances that the defect will not be removed within a reasonable time.

Rights from defective performance may be exercised by the User in writing or electronically at kontakt@martinpanek.cz.

9.1 Application Ownership

All intellectual property rights to the Application, including source code, design, graphics, and content, belong to the Provider or its licensing partners.

9.2 License to Use

Upon registration, the User obtains a non-exclusive, non-transferable license to use the Application for personal purposes for the duration of the subscription.

9.3 User Data

The User remains the owner of all data they enter into the Application. The Provider obtains a license to process this data solely for the purpose of providing the Service.

10.1 Right to Change

The Provider reserves the right to change these Terms at any time.

10.2 Notification of Changes

The User will be notified of significant changes to the Terms by email or notification in the Application at least 14 days before the changes take effect.

10.3 Disagreement with Changes

If the User does not agree to the new Terms, they may cancel their subscription before the changes take effect. By continuing to use the Application after the new Terms take effect, the User expresses their agreement with them.

12.1 Out-of-Court Settlement

In case of a dispute between the User and the Provider, the parties will first attempt an amicable resolution. The User may contact the Provider at kontakt@martinpanek.cz.

12.2 Consumer Disputes

A consumer User has the right to out-of-court resolution of consumer disputes. The entity for out-of-court resolution of consumer disputes is the Czech Trade Inspection Authority.

12.3 Online Dispute Resolution

Consumers may use the online dispute resolution platform available at: https://ec.europa.eu/consumers/odr/

13.1 Governing Law

These Terms and all legal relationships between the Provider and the User are governed by the laws of the Czech Republic.

13.2 Jurisdiction

The courts of the Czech Republic have jurisdiction for dispute resolution.

13.3 Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in effect.

13.4 Entire Agreement

These Terms constitute the entire agreement between the Provider and the User regarding the use of the Application and supersede all prior arrangements.

13.5 Contact

For questions regarding these Terms, contact the Provider at: kontakt@martinpanek.cz