ExitBase
Legal Document

Disclaimer

Effective Date: January 1, 2025 ยท Last Updated: March 2025

IMPORTANT: READ THIS DISCLAIMER IN FULL BEFORE USING EXITBASE. THIS DISCLAIMER LIMITS EXITBASE'S LIABILITY AND DESCRIBES THE NATURE OF INFORMATION PROVIDED ON THIS PLATFORM.

1. No Professional Advice

The content, tools, features, listings, data, analyses, AI-generated outputs, and all other information available on ExitBase (the "Platform") are provided for general informational and educational purposes only. Nothing on this Platform constitutes, or should be construed as, professional financial, investment, legal, tax, accounting, business brokerage, or real estate advice.

ExitBase is not a registered broker-dealer, investment advisor, financial planner, attorney, or certified public accountant. We are not licensed by FINRA, the SEC, any state securities regulator, or any real estate commission. No content on the Platform creates a professional-client relationship of any kind between you and ExitBase.

Before making any business acquisition, investment, or financial decision, you should consult with qualified, licensed professionals including but not limited to: a licensed business broker, a certified financial advisor, a licensed attorney, and a certified public accountant.

2. No Verification of Listings

ExitBase does not independently verify, audit, or validate the accuracy, completeness, truthfulness, or legality of any listing, business information, financial data, revenue claims, or representations made by sellers or other users on the Platform. All listing content is submitted by third-party users and is the sole responsibility of those users.

ExitBase expressly disclaims all responsibility for the accuracy of listing information. You acknowledge that: (a) business valuations, revenue figures, and financial metrics displayed are unverified representations by sellers; (b) photographs and descriptions may not reflect current conditions; (c) businesses may have undisclosed liabilities, liens, or legal issues; and (d) past financial performance is not indicative of future results.

You are solely responsible for conducting your own due diligence on any business listed on the Platform before entering into any transaction.

3. AI-Generated Content Disclaimer

ExitBase utilizes artificial intelligence (AI) technologies to provide features such as the Buyer Assistant, Financial Document Analyzer, Best-Match recommendations, and market analysis tools. AI-generated outputs are inherently limited, may be inaccurate, and must not be relied upon as the sole basis for any decision.

Specifically, you acknowledge that: (a) AI recommendations are based on algorithms and pattern recognition, not professional judgment; (b) financial analyses generated by AI are not substitutes for professional accounting or due diligence; (c) AI-generated content may contain errors, hallucinations, or outdated information; and (d) ExitBase makes no representations or warranties regarding the accuracy or reliability of any AI output.

4. No Guarantee of Results

ExitBase makes no representations, warranties, or guarantees โ€” express or implied โ€” that: (a) any business listed on the Platform will successfully sell or be acquired; (b) listed businesses will generate any particular level of revenue, profit, or return on investment; (c) information about market trends or valuations will be accurate or current; or (d) use of the Platform will result in any particular outcome for buyers or sellers.

All marketplace activity, transaction outcomes, and business performance are subject to numerous factors entirely outside of ExitBase's control. Any historical data or market statistics provided are for reference only and are not predictive of future performance.

5. Third-Party Information

The Platform may reference, display, or link to information from third-party sources. ExitBase does not endorse and is not responsible for the accuracy, completeness, or reliability of any third-party information. Third-party content is provided for convenience only, and ExitBase expressly disclaims all liability for errors or omissions in third-party content.

6. Investment Risk Warning

Acquiring a business involves significant financial risk. You may lose some or all of your invested capital. Business acquisitions are illiquid investments that may be subject to market, operational, legal, regulatory, and competitive risks. Past financial performance of any business is not a guarantee or reliable indicator of future performance.

ExitBase strongly encourages you to seek independent financial and legal advice and to fully understand all risks before proceeding with any business acquisition or investment decision.

7. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY LAW, EXITBASE, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AFFILIATES, AND LICENSORS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES ARISING OUT OF OR IN CONNECTION WITH:

  • Your reliance on any listing, data, AI output, or content on the Platform
  • Any business transaction or investment decision made after using the Platform
  • Inaccurate or fraudulent information submitted by third-party users
  • Technical errors, Platform downtime, or data loss
  • Any interaction with another user, buyer, or seller facilitated through the Platform

THIS LIMITATION APPLIES REGARDLESS OF WHETHER EXITBASE WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

8. Indemnification

By using the Platform, you agree to indemnify and hold ExitBase harmless from any claims, losses, damages, liabilities, and expenses (including legal fees) arising from your use of the Platform, your reliance on any information contained therein, or any transaction or business decision made in connection with your use of ExitBase.

9. Jurisdictional Notice

The laws of certain jurisdictions may not allow the exclusion of certain warranties or limitations of liability. In such jurisdictions, ExitBase's liability shall be limited to the maximum extent permitted by applicable law. This disclaimer is governed by the laws of the State of California.

10. Contact

If you have questions about this Disclaimer, please contact us at: support@exitbasebiz.com