LEGAL NOTICE AND DISCLAIMER

1. PURPOSE

This Legal Notice and Disclaimer sets out important information regarding the operation of the IPK Auctions platform and the limitations applicable to information, services and content made available through the Platform.

This document should be read together with:

• the Auction Terms and Conditions;
• the Bidder Participation Agreement;
• the Consumer Information and Risk Notice;
• the Fees and Charges Policy;
• the Identity Verification and Platform Participation Policy;
• the Privacy Policy;
• the Cookie Policy;
• the Website Terms of Use;
• any other documents published on the Platform.

2. PLATFORM OPERATOR

3. NATURE OF THE PLATFORM

IPK is a technology platform that facilitates structured real estate auction processes.

The Platform provides

• auction technology;
• bidding infrastructure;
• participant registration systems;
• identity verification processes;
• auction administration;
• property information hosting;
• contractual document hosting;
• auction result certification.

The Platform is not itself a property seller.

4. NO LEGAL ADVICE

Nothing on the Platform constitutes legal advice.

Any information, commentary, summaries, documents or explanations made available through the Platform are provided for information purposes only.

Users should obtain independent legal advice before making decisions relating to any property or transaction.

5. NO TAX ADVICE

Nothing on the Platform constitutes tax advice.

Users remain solely responsible for obtaining professional advice regarding:

• taxation;
• stamp duty;
• transfer taxes;
• capital gains taxation;
• corporate structures;
• international tax implications.

6. NO FINANCIAL OR INVESTMENT ADVICE

Nothing on the Platform constitutes

• financial advice;
• investment advice;
• lending advice;
• mortgage advice;
• wealth management advice.

Users must make their own financial and investment decisions.

7. NO PROPERTY VALUATION ADVICE

The Platform does not provide valuation services.

Any information relating to pricing, comparable properties or market context is provided solely for informational purposes.

Users remain responsible for forming their own views regarding value.

8. INFORMATION PROVIDED BY THIRD PARTIES

Information made available through the Platform may originate from:

• Sellers;
• Seller's Lawyers;
• Partner Agencies;
• public authorities;
• professional advisers;
• third-party service providers.

IPK does not create all information made available through the Platform.

9. PROPERTY INFORMATION DISCLAIMER

Property information may include

• descriptions;
• measurements;
• photographs;
• plans;
• certificates;
• legal summaries;
• disclosures;
• marketing materials.

Such information should not be relied upon as the sole basis for any purchasing decision.

Users should undertake their own investigations and verification.

10. NO GUARANTEE OF ACCURACY

Whilst IPK seeks to present information in a clear and organised manner, IPK does not guarantee that information made available through the Platform is:

• complete;
• accurate;
• current;
• error-free;
• suitable for any particular purpose.

11. NO GUARANTEE OF COMPLETENESS

Documents and information made available through the Platform may be summarised, redacted or limited in scope.

Users should not assume that information available through the Platform represents all information that may exist in relation to a property or transaction.

12. COMPARABLE MARKET RANGE

Where displayed, the Comparable Market Range means an indicative market context range derived from pricing information relating to broadly comparable properties within the same geographic area, asset class and market segment.

The Comparable Market Range is provided solely for general market context and information purposes.

The Comparable Market Range does not constitute:

• a valuation;
• a recommendation;
• investment advice;
• a prediction of sale price;
• a guarantee of market value.

13. PLATFORM AVAILABILITY

IPK seeks to maintain the availability and functionality of the Platform.

However, the Platform is provided on an "as available" basis.

IPK does not guarantee uninterrupted availability of:

• the Platform;
• auction services;
• bidding functionality;
• property pages;
• data rooms;
• user accounts;
• communications systems.

Temporary interruptions may occur from time to time.

14. TECHNICAL FAILURES

Technical failures may occur despite reasonable precautions.

Such failures may include

• internet connectivity issues;
• server failures;
• software defects;
• hardware failures;
• telecommunications interruptions;
• third-party service interruptions;
• cybersecurity incidents.

IPK shall not be responsible for losses arising solely from circumstances beyond its reasonable control.

15. USER RESPONSIBILITY FOR CONNECTIVITY

Users are responsible for ensuring that they have adequate:

• internet access;
• device functionality;
• software compatibility;
• security protections;
• communications capability.

IPK accepts no responsibility for bidding failures resulting from the user's own equipment, connectivity or technical environment.

16. THIRD-PARTY SYSTEMS

The Platform may rely upon services supplied by third parties.

Such services may include

• cloud infrastructure;
• hosting services;
• email systems;
• telecommunications services;
• identity verification systems;
• payment processing systems;
• cybersecurity services.

IPK does not control all aspects of third-party systems and cannot guarantee their uninterrupted operation.

17. PAYMENT SERVICE PROVIDERS

The Platform may utilise third-party payment service providers.

Such providers may include

• Stripe;
• banks;
• card processors;
• regulated payment institutions;
• equivalent service providers.

Payment services are subject to the terms, conditions and operational requirements of the relevant provider.

IPK is not responsible for decisions made by payment service providers.

18. IDENTITY VERIFICATION PROVIDERS

The Platform may utilise specialist identity verification providers.

Verification services may include

• document authentication;
• biometric verification;
• liveness testing;
• fraud prevention checks;
• identity validation services.

IPK does not warrant that any verification process can eliminate all risks of fraud, impersonation or identity misuse.

19. NO GUARANTEE OF FINANCING

IPK does not provide financing.

IPK does not arrange financing.

IPK does not guarantee

• mortgage approval;
• loan availability;
• financing terms;
• lender decisions;
• funding availability.

Users remain solely responsible for their financing arrangements.

20. NO GUARANTEE OF TRANSACTION COMPLETION

IPK does not guarantee that any property transaction will complete.

Completion may be affected by numerous factors including:

• buyer decisions;
• seller decisions;
• financing issues;
• legal issues;
• regulatory requirements;
• practical or operational circumstances.

The role of IPK is limited to the administration of the Platform and auction process.

21. NO GUARANTEE REGARDING PARTICIPANTS

Identity verification, onboarding processes and payment validations do not constitute any representation or warranty regarding:

• financial capability;
• solvency;
• creditworthiness;
• future conduct;
• intention to complete a transaction;
• ability to perform contractual obligations.

IPK does not certify the financial standing of any participant.

22. USER DUE DILIGENCE

Users remain responsible for conducting their own investigations and due diligence.

Such investigations may include

• legal review;
• financial review;
• tax review;
• planning review;
• building surveys;
• valuation advice;
• financing assessments.

The availability of information through the Platform does not replace independent professional advice.

23. EXTERNAL LINKS

The Platform may contain links to external websites, services or resources.

Such links are provided for convenience only.

IPK does not control and is not responsible for:

• external content;
• external services;
• third-party websites;
• third-party policies;
• third-party security practices.

Users access external websites at their own risk.

24. INTELLECTUAL PROPERTY

Unless otherwise stated, the Platform and its content are protected by intellectual property rights.

Users may not

• reproduce Platform content for commercial purposes;
• redistribute content without permission;
• create derivative databases;
• remove copyright notices;
• misuse proprietary materials.

All intellectual property rights remain reserved to their respective owners.

25. NO WARRANTIES

To the fullest extent permitted by applicable law, the Platform, its content and services are provided on an "as is" and "as available" basis.

IPK makes no representation or warranty regarding:

• uninterrupted operation;
• availability;
• accuracy;
• completeness;
• suitability for a particular purpose;
• freedom from defects;
• freedom from errors;
• compatibility with all devices or systems.

Nothing in this clause excludes warranties that cannot legally be excluded.

26. LIMITATION OF LIABILITY

To the fullest extent permitted by applicable law, IPK's liability shall be limited to losses directly resulting from its own proven breach of legal obligations.

IPK shall not be liable for losses arising from:

• user decisions;
• seller decisions;
• buyer decisions;
• financing failures;
• legal disputes between parties;
• third-party actions or omissions;
• information supplied by third parties;
• circumstances outside IPK's reasonable control.

27. EXCLUSION OF INDIRECT LOSSES

To the fullest extent permitted by law, IPK shall not be liable for:

• indirect losses;
• consequential losses;
• loss of opportunity;
• loss of profit;
• loss of anticipated savings;
• loss of business;
• reputational damage;
• economic loss.

This exclusion applies whether such losses arise in contract, tort or otherwise.

28. FORCE MAJEURE

IPK shall not be responsible for delay, interruption or failure resulting from events beyond its reasonable control.

Such events may include

• natural disasters;
• fire;
• flood;
• war;
• civil unrest;
• cyber-attacks;
• telecommunications failures;
• power outages;
• governmental actions;
• labour disputes;
• failures of third-party infrastructure.

29. NO RELIANCE

Users acknowledge that they participate in auctions and make property-related decisions based upon their own assessment and independent investigations.

No statement, communication or information made available through the Platform shall create any representation or warranty beyond those expressly stated in the applicable contractual documentation.

30. PROFESSIONAL ADVICE

Users should obtain independent professional advice where appropriate, including:

• legal advice;
• tax advice;
• financial advice;
• valuation advice;
• building or technical advice;
• planning advice.

IPK accepts no responsibility for decisions taken without appropriate professional advice.

31. CONSUMER RIGHTS

Nothing in this Legal Notice and Disclaimer limits or excludes any consumer rights that cannot legally be limited or excluded under applicable law.

Where mandatory consumer protection laws apply, those laws shall prevail over any inconsistent provision of this document.

32. COMPLAINTS

Users may submit complaints regarding the Platform or services provided by IPK through the official complaints channels.

IPK will seek to review and respond to complaints within a reasonable period.

33. ONLINE COMPLAINTS BOOK

IPK maintains a complaints procedure in accordance with applicable Portuguese law.

Consumers may also submit complaints through the Portuguese Electronic Complaints Book available at:

34. REGULATORY COMPLIANCE

IPK seeks to operate in accordance with applicable laws and regulations.

Nothing in this document should be interpreted as excluding obligations imposed upon IPK by mandatory legal or regulatory requirements.

35. CHANGES TO THIS DOCUMENT

IPK may amend this Legal Notice and Disclaimer from time to time.

The most recent version will be published on the Platform.

Users should review the current version periodically.

36. CONTACT DETAILS

37. SEVERABILITY

If any provision of this Legal Notice and Disclaimer is found to be invalid, unlawful or unenforceable, the remaining provisions shall continue in full force and effect to the extent permitted by law.

38. FINAL NOTICE

The Platform is designed to facilitate structured real estate auction processes.

Users remain responsible for their own decisions, investigations, professional advice and participation choices.

Participation in any auction, transaction or property-related activity should only occur after careful consideration of the relevant information, documentation, risks and obligations.

IPK provides the Platform and auction infrastructure.

The ultimate decision to bid, buy, sell or proceed with any transaction remains solely with the parties involved.