The Propworths AI Valuation Report is an automated estimate of market value produced using publicly available data, comparable sales data, algorithmic modelling, and regional cost benchmarks. It is intended to provide an indicative value range to assist buyers, sellers, and property professionals in their decision-making process.

The Report is not, and must not be construed as:

• A formal valuation report prepared and signed by a Registered Valuator
• A bank, mortgage, or institutional valuation for lending purposes
• A guarantee, warranty, or assurance of the market value of any property
• Legal, financial, tax, or investment advice of any kind
• A substitute for a physical inspection of the property

The figures presented in the Report are estimates only. Actual selling prices may differ materially from the estimates provided. The Report may reference AI-assisted research, third-party data sources, and automated modelling tools. The accuracy of these sources is not guaranteed.

Propworths AI Valuation makes reasonable efforts to ensure the accuracy of information used in generating Reports. However, you acknowledge the following inherent limitations:

• Property data from listing platforms may be incomplete, outdated, or incorrectly captured
• Comparable sales data may not fully represent the micro-market conditions at the subject property
• Automated models cannot account for property-specific factors such as internal condition, renovations, unique features, or neighbourhood nuances
• Market conditions change rapidly — a Report generated today may not reflect conditions at a later date
• Regional construction costs and land values are based on benchmark data and may vary significantly in practice

Confidence ratings within the Report (High / Medium / Low) are relative indicators only and do not imply any guarantee of accuracy. No automated system can replicate the judgement, physical inspection, and local expertise of a qualified Registered Valuator.

The Report is issued solely for the personal use of the Client who commissioned and paid for it. You may share the Report with your own legal, financial, or property advisors. The Report may not be:

• Sold, sublicensed, or transferred to any third party for commercial gain
• Submitted to a bank or lending institution as a formal standalone valuation document
• Published, broadcast, or reproduced publicly without the written consent of Propworths.com
• Used as the sole basis for making a property purchase, sale, or investment decision

The Operator reserves the right to watermark, timestamp, or digitally sign all Reports to verify authenticity.

The Report fee is payable in full before the valuation is generated. All fees are inclusive of applicable taxes unless stated otherwise.

Due to the automated and on-demand nature of the Report:

• No refunds will be issued once a Report has been generated and made available to the Client
• If a Report fails to generate due to a technical error on the Operator's part, a full refund or credit will be issued within 5 business days
• If the Client provided incorrect or insufficient property information, no refund will be issued

The Operator reserves the right to amend Report pricing at any time. Price changes will not affect orders already placed.

The Operator will collect and process personal data provided by the Client solely for the purpose of generating the Report and fulfilling this agreement. The Operator may store anonymised, aggregated valuation data to improve Platform accuracy. No personally identifiable data will be shared with third parties without consent, except where required by law.

Your data is handled in accordance with the Protection of Personal Information Act 4 of 2013 (POPIA) and applicable data protection legislation.

All content, design, methodology, algorithms, templates, and technology forming part of the Platform and the Report are the exclusive intellectual property of Propworths Global Property (Pty) Ltd and are protected by copyright, trademark, and related laws.

The Client is granted a limited, non-exclusive, non-transferable licence to use the Report for the permitted purposes described in Clause 5.

This Agreement is governed by the laws of the Republic of South Africa. Any disputes arising from or related to this Agreement shall be subject to the exclusive jurisdiction of the courts of South Africa.

If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. This Agreement constitutes the entire understanding between the Client and the Operator with respect to the subject matter hereof.

The Operator reserves the right to amend these Conditions at any time. Amendments will be published on the Platform and will take effect 14 days after publication. Continued use of the Platform after such date constitutes acceptance of the amended Conditions.