Legal information

1. General Provisions

1.1. This Terms of Service (hereinafter — the "Agreement") constitutes a legally binding agreement between RemoVest GB Limited, a company incorporated under the laws of the United Kingdom, registration number 14402192, registered office at 22 Brondesbury Park, Willesden, London NW6 7DL, United Kingdom (hereinafter — the "Company", "We", "Us"), and any individual or entity using the RemoVest Telegram Bot (hereinafter — the "User", "You").

1.2. By interacting with the RemoVest Telegram Bot, pressing the "Start", "Accept", or equivalent button, the User expresses full, unconditional, and irrevocable acceptance of this Agreement, the Privacy Policy, and the Disclaimer. If you do not agree, you must immediately cease using the Bot.

2. Nature of Services and Limitation of Functionality

2.1. The RemoVest Telegram Bot is an information marketplace, and a technical communication tool that connects property owners seeking property flipping optimization and independent execution contractors with potential buyers/investors.

2.2. The Bot is not an investment platform, a crowdfunding platform, an investment fund, or a collective investment scheme. The Company does not pool User funds, does not issue securities, tokens, or other financial instruments, and does not manage real estate assets on behalf of collective pools.

2.3. All final transactions, property purchases, and legally binding real estate flipping cooperation agreements are executed individually, directly between the counterparties, and must be formalized in person before a certified Notary Public in Italy in strict accordance with Italian civil law.

2.4. The Company does not carry out real estate mediation (attività di mediazione immobiliare) within the meaning of Italian Law No. 39 of 3 February 1989, is not entered in the register of mediators, and receives no commission (provvigione) from any party to a transaction. Where Italian law requires a mediator, that role is performed by an independent licensed agent acting under its own contract. The Company's fees are consideration for informational and technical services under its contract with the client, not a mediation commission.

3. Warranties, Disclaimers, and Limitation of Liability

3.1. The information provided within the Bot is for informational and educational purposes only. Nothing within the Bot constitutes financial, investment, legal, or tax advice.

3.2. Past performance of any flipping project displayed in the Bot is not indicative of future results. The Company makes no guarantees, express or implied, regarding the profitability, ROI, timelines, or financial success of any real estate project listed by third parties.

3.3. The Company performs basic technical screening and moderation and checks the general operational background of execution contractors. However, the Company shall not be liable for any direct, indirect, incidental, or consequential damages, financial losses, or project delays resulting from contractual breaches between the User and third-party contractors or property owners.

4. Dispute Resolution and Governing Law

4.1. This Agreement shall be governed by, and construed in accordance with, the laws of England and Wales.

4.2. Any dispute, controversy, or claim arising out of or relating to this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration under the London Court of International Arbitration (LCIA) Rules, which Rules are deemed to be incorporated by reference into this clause. The number of arbitrators shall be one. The seat, or legal place, of arbitration shall be London, United Kingdom. The language to be used in the arbitral proceedings shall be English.

5. Know Your Customer (KYC) and Anti-Money Laundering (AML)

5.1. To access the platform services, contact contractors, or proceed with transaction structuring, the User may be required to undergo a mandatory Identity Verification (KYC) and Anti-Money Laundering (AML) check.

5.2. The User agrees to provide valid, accurate, and up-to-date identification documents (including but not limited to passport, proof of address, and source of funds verification) upon the Company's or the platform's execution contractors' request. The Company reserves the right to restrict or terminate access to the Bot for any User who fails to pass the verification process or provides suspicious data.

1. Data Controller

The Data Controller for the personal data collected through the RemoVest Telegram Bot is RemoVest GB Limited, registration number 14402192, registered office at 22 Brondesbury Park, Willesden, London NW6 7DL, United Kingdom. Contact email: info@removest.it.

2. Legal Basis and Purpose of Processing

2.1. We process your data under Article 6(1)(b) of the GDPR (performance of a contract/service request) and Article 6(1)(a) of the GDPR (explicit consent).

2.2. By starting the Bot, submitting requests, or providing your contact information, you explicitly consent to the collection and processing of your personal data, including but not limited to: Telegram User ID, Telegram Username, First and Last Name (as provided), Phone Number, and Email Address.

2.3. The purpose of data processing is strictly limited to connecting you with project counterparties, providing technical updates on property enquiries, and responding to your enquiries.

3. Data Storage, Security, and User Rights

3.1. Your data is stored on secure servers within the European Economic Area (EEA) or jurisdictions providing adequate levels of protection.

3.2. Under the GDPR, you have the following rights: the right to access your data, the right to rectification, the right to erasure ("right to be forgotten"), the right to restrict processing, the right to data portability, and the right to withdraw your consent at any time by contacting our support within the Bot or via email.

4. Automated processing — AI assistant

4.1. RemoVest uses an automated assistant for the operational handling of communications with investors, professionals and construction companies. Conversations are recorded and retained as part of the project documentation.

4.2. The assistant does not take decisions producing significant legal effects without human involvement (Article 22 of the GDPR): acceptance of a works progress report, authorisation of a payment and any other material decision remain subject to review and, where required, to a human signature.

4.3. Every user is informed at the first message of each conversation that they are interacting with an automated system.

4.4. When AI answers are enabled, RemoVest sends the text entered by the user to OpenAI, an external AI service. Telegram profile fields (ID, username, name, phone number and email address) are not automatically added to this request; however, the question itself may contain personal data if the user types it there. A pseudonymous stable identifier derived from the Telegram chat ID is also sent for abuse prevention.

5. Construction site video monitoring

5.1. This section applies only to projects where the construction company uses the monitoring system provided for in the framework agreement with the contractor.

5.2. Recording is limited to the work areas and does not frame individual workstations. The company’s workers are informed through a separate notice issued by their employer, which remains responsible for employment-law aspects. RemoVest acts as a processor (Article 28 of the GDPR) solely for the retention of images for the purpose of verifying works progress.

IMPORTANT NOTICE: The RemoVest Telegram Bot operates strictly as a technical and informational service provider.

The Company does not operate as a licensed financial institution, broker-dealer, investment advisor, or crowdfunding platform under EU Regulation 2020/1503.

The Company is not a mediator within the meaning of Italian Law No. 39/1989 and receives no commission from the parties to a transaction.

RemoVest does not engage in collective investments. No pooled investment vehicles are managed by the Company. Each property flipping project, purchase, and joint venture arrangement is structured as a standalone, direct transaction between individual parties. All such transactions are subject to mandatory execution and verification before a licensed Italian notary public (Notaio) under Italian law.

Users are solely responsible for conducting their own independent commercial, financial, and legal due diligence before entering into any binding agreements.