TERMS OF SERVICE

This statement is effective as of April 30, 2006.

Welcome to the Altos Research.com. Web site (the "Web site"). Use of and access to the Web site is subject to your compliance with the following terms.

ACCEPTANCE OF TERMS

PLEASE READ THE TERMS OF SERVICE CAREFULLY BEFORE USING THE WEB SITE OR ITS SERVICES. By subscribing to the services in anyway you agree to be bound by the TERMS OF SERVICE described in this document ("Terms of Service").

IF YOU DO NOT AGREE TO ALL OF THE TERMS AND CONDITIONS CONTAINED IN THE TERMS OF SERVICE, DO NOT USE THIS WEB SITE OR PRODUCTS OR SERVICES FROM ALTOS RESEARCH. Altos Research reserves the right to limit or terminate your access to the Altos Research Web site and subscription to products and services, WITH NO REFUND OF ANY MONEY PAID TO ALTOS RESEARCH if you do not comply with them. The TERMS OF SERVICE are entered into by and between Altos Research and you.

RESTRICTIONS ON USE OF WEB SITE, PRODUCTS,

SERVICES, AND INFORMATION

Altos Research offers three (3) licensing options to fit the requirements of brokerages, offices, and real estate teams. The following information describes the license options available to subscribers that opt for this subscription type.

Level 1: Broker Marketing License Level 2: Agent Empowerment License Level 3: Individual Agent License
AltosCharts Broker-owned websites, blogs, electronic communication. Not licensed for individual agent websites Broker-owned websites, blogs, electronic communication. Not licensed for individual agent websites Individual agents sites, blogs, electronic communication
AltosReports Single set, broker branded; All cities and zip codes in broker’s geographic area Single set, broker branded; All cities and zip codes in broker’s geographic area One set of reports per agent; Agent brand and contact information. Each set per Agent’s geographic area
AltosResearch.com User Logins Single account, broker marketing rep Single account, broker marketing rep, Agent logins, report downloads Individual accounts, personalization, reports
Web Tools, WordPress Plugins, Flash Charts Broker-owned websites only Broker-owned websites only Individual Agent Sites
AltosConnect Broker-owned website, database Broker-owned website, database Individual agent websites, personal databases, personal email campaigns
AltosXplorer Single-user designated by Broker Individual Agents Individual Agents

Altos Research user logins are for the use of one individual. Sharing login names and passwords across multiple people is prohibited. Any reproduction of the products, services, and information, except that which is expressly authorized by Altos Research, is prohibited. Citations and quotations of the information, charts, statistics, or related works must reference Altos Research Copyright and contain a link to www.altosresearch.com.

Your license permits you to change your list of subscribed locations as needed.

The AltosConnect email system does not permit the use of purchased bulk email address lists. You are permitted to only send AltosConnect email messages to contacts that have opted-in to the system.

Violations of these restrictions of use may result in account termination and forfeiture of any money paid to Altos Research.

DISCLAIMER OF WARRANTY

EXCEPT AS EXPRESSLY PROVIDED OTHERWISE, ALL PRODUCTS, SERVICES, AND INFORMATION ON THIS WEB SITE IS PROVIDED "AS-IS" WITHOUT WARRANTY OF ANY KIND AND ALTOS RESEARCH HEREBY DISCLAIMS ALL WARRANTIES EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. IN ADDITION, EXCEPT AS EXPRESSLY PROVIDED OTHERWISE, ALTOS RESEARCH DISCLAIMS ANY WARRANTIES OF NON-INFRINGEMENT, TITLE, OR QUIET ENJOYMENT. In no event shall Altos Research be liable for any special, indirect or consequential damages, or any damages whatsoever resulting from loss of use, data or profits, whether in an action of contract, negligence or other tortious action, arising out of or in connection with the use of this Web site, the services, or information available from the Web site.

DATA SOURCES AND RELIABILITY

Altos Research collects market analysis information from various sources, including publicly available over Internet. Altos Research does not guarantee or warranty the accuracy of the data or any conclusions of the Web site, products, or services. Except as expressly provided otherwise, you assume all risks concerning the suitability and accuracy of the information within the Web site, products, or services. The Web site, products, and services of Altos Research site may contain technical inaccuracies or typographical errors. Altos Research assumes no responsibility for and disclaims all liability for any such inaccuracies, errors, or omissions on the Web site. Issues about data accuracy may be brought to the attention of Altos Research by emailing support@altosresearch.com, but any issues cannot be guaranteed to be resolved.

Real estate markets can go up or down in price. Conditions may change very rapidly. Altos Research obviously cannot guarantee any future prices, or market direction. You use the information, web site, products and services at your own risk.

Altos Research may make changes to the Web site, information, product offerings, and any other information and materials on the Web site at any time and without notice.

NOT FINANCIAL ADVISORS OR LICENSED REAL ESTATE

PROFESSIONALS

Altos Research is not a registered financial advisor. None of the information, products, or services should be construed as financial advice or a recommendation to buy or sell real estate. Altos Research products, services, and content are for informational purposes only.

Altos Research is not a licensed real estate broker and does not buy, sell, or recommend the purchase or sale of real estate. Any and all real estate or other financial decisions are yours exclusively and you assume all risks associated with any real estate transactions.

Our products are not Comparable Market Assessments (CMAs) and we are not real estate appraisers. We highly recommend that you use qualified, licensed professionals when conducting any real estate transactions. See our Partners Page for licensed real estate brokers in your area who keep their clients informed in real-time with Altos Research products.

PRIVACY POLICY

Altos Research respects your desire for privacy. Altos Research's Privacy Policy can be found here. By using the Web site, you are consenting to the terms of our Privacy Policy.

COPYRIGHT AND TRADEMARKS INFORMATION

COPYRIGHT NOTICE: Copyright © 2005-2007 Altos Research. All Rights Reserved.

"Altos Research", "Market Action Index", "Real Time Market Profile", "AltosCharts", "AltosStats" are registered trademarks of Altos Research, LLC. All other trademarks, trade names, service marks, service names are the property of their respective holders.

LINKS TO THIRD PARTY WEB SITES

This Web site may contain links to third-party sites which are not under the control of Altos Research, and Altos Research is not responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites. The inclusion of any link does not imply that Altos Research. endorses or accepts any responsibility for the content on such third-party site. Your correspondence or business dealings with, or participation in promotions of, third party website found on or through the Web site, including payment and delivery of related goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between you and such third party. Altos Research is not responsible or liable for any loss or damage of any kind incurred as the result of any such dealings or as the result of the presence of links to such third party websites on the Altos Research Web site.

INDEMNITY

You agree to indemnify, defend, and hold Altos Research and its affiliates, officers, agents, co-branders, partners, and employees harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of your use of this Web site, its products, services and information, or your violation of the TERMS OF SERVICE.

TERMINATION

Altos Research reserves the right to terminate your privilege to use this Web site and it services at any time for any reason, including without limitation, if Altos Research has been notified by third parties or has a good faith concern that any of your activities may violate the TERMS OF SERVICE or violate the laws or regulations of any applicable jurisdiction.

GENERAL INFORMATION

The TERMS OF SERVICE, the Privacy Policy and any applicable guidelines posted on the Web site together constitute the entire agreement between you and Altos Research and govern your use of the Web site, superseding any prior agreements between you and Altos Research relating to your use of this Web site, its products, services and information (including, but not limited to, any prior versions of the TERMS OF SERVICE). You also may be subject to additional terms and conditions that may apply if you sign up or register for Altos Research services or use third-party content or third-party software. By accessing the Web site you agree that the statutes and laws of the United States and the State of California, without regard to any principles of conflicts of law, will apply to all matters relating to the use of this Web site, and you further agree that any litigation shall be subject to the exclusive jurisdiction of the state and federal courts in the city and County of San Francisco, USA. The failure of Altos Research to exercise or enforce any right or provision of the TERMS OF SERVICE does not constitute a waiver of such right or provision. If a court of competent jurisdiction finds any provision of the TERMS OF SERVICE to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties' intentions as reflected in the provision, and the other provisions of the TERMS OF SERVICE remain in full force and effect. Regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Web site or the TERMS OF SERVICE must be filed within one (1) year after such claim or cause of action arose or be forever barred. The section titles in the TERMS OF SERVICE are for convenience only and have no legal or contractual effect.

COMMENTS AND QUESTIONS

If you have any comments or questions you may address them to the customer service department at Altos Research support@altosresearch.com.