Welcome to ePABS (Electronic Property Auction & Bidding System). By accessing or using our platform, you agree to comply with and be bound by the following terms.

1. 1. About the Platform

   ePABS is a digital platform that facilitates transparent property auctions, enabling users to view, bid, and acquire real estate assets.

   We act as:

   • A facilitator of auctions
   • Not the legal owner of listed properties (unless stated)
2. 2. Eligibility
   To use this platform, you must:

   • Be at least 18 years old
   • Provide accurate registration information
   • Complete identity verification (KYC) before bidding
3. 3. Account Responsibility
   • You are responsible for maintaining the confidentiality of your account
   • All activities under your account are your responsibility
   • You must notify us immediately of any unauthorized use
4. 4. Bidding Rules
   • All bids are legally binding
   • Bids cannot be withdrawn once submitted
   • The highest valid bid at auction close is considered the winner
   • Users must meet the minimum bid increment requirements
   ePABS reserves the right to:

   • Reject suspicious or fraudulent bids
   • Suspend users who violate bidding integrity
5. 5. Verification (KYC)
   • Users must complete KYC before participating in auctions
   Failure to verify may result in:

   • Disqualification from bidding
   • Loss of bidding position
6. 6. Auction Process
   • Auctions are time-bound
   • Results are communicated via platform notifications, email, or SMS
   • ePABS does not guarantee winning outcomes
7. 7. Payments
   • Winners are required to make payments within the specified timeframe
   Payments can be made via:

   • Debit/Credit Card
   • Bank Transfer
   • Other supported methods
   Failure to complete payment may result in:

   • Loss of allocation
   • Account restrictions
8. 8. Property Information
   • All property details are provided by developers or verified partners
   • ePABS ensures basic verification, but users are encouraged to conduct independent due diligence
9. 9. Prohibited Activities
   Users must not:

   • Engage in fraudulent bidding
   • Manipulate auction outcomes
   • Provide false information
   • Attempt unauthorized access to the platform
10. 10. Limitation of Liability

    ePABS shall not be liable for:

    • Losses arising from bidding decisions
    • Errors in property descriptions (provided by third parties)
    • Technical interruptions or downtime
11. 11. Termination

    We reserve the right to:

    • Suspend or terminate accounts
    • Restrict access for violations of these terms
12. 12. Updates to Terms

    We may update these terms periodically. Continued use of the platform means you accept any changes.