Terms and Conditions

BUSINESS TERMS OF THE COMPANY Premiot Group, a.s.

By using this site, you agree to PREMIOT's terms and conditions below. If you do not agree with the following conditions, then you are not allowed to use the information found on our website.

1. Basic provisions

1.1 These terms and conditions establish the rights and obligations between the PREMIOT Company and the Client using the PREMIOT Company's services (real estate and investment services, provision of investment advice and consultations, realization of real estate investments, client asset management, services related to trade and receivables management and other services provided) and establish binding rules and conditions for the provision of the Service.
1.2 These terms and conditions are an integral part of the Agreement concluded between the Client and the PREMIOT Company.

2. Definition

2.1 Agreement – ​​means the Customer Service Agreement concluded between the client and the PREMIOT Company. The contract is validly concluded in writing or electronically.
2.2 Client – ​​a natural entrepreneur or legal entity that concludes a Contract with the PREMIOT Company
2.3 The company PREMIOT – is the trading company Premiot Group, a.s., ID number: 04405030, registered office: Jindřišská 901/5, Prague 1, 110 00, registered in the OR led by the Ministry of Justice in Prague, section B, insert 20916, telephone: + 420 220 770 088, email: info@premiot.com
2.4 Services means the provision of management and administrative services by PREMIOT requested and paid for by the client;
2.5 The lead consultant is the person who is authorized by the client to issue instructions to PREMIOT and the appointed persons (defined in the Agreement) regarding the services provided in accordance with the contractual agreement and these terms and conditions
2.6 Portal – website www.premiot.com through which the Agreement can be concluded
2.7 AML – Regulation of the EP and the Council (EU No. 2015/847, on information accompanying transfers of funds, Directive of the EP and the Council (EU No. 2015/849, on preventing the use of the financial system for money laundering or terrorist financing and Act No. 253/2008 Coll., on certain measures against the legalization of the proceeds of crime and the financing of terrorism
2.8 GDPR – Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons in connection with the processing of personal data and on the free movement of such data and on the repeal of Directive 95/46/EC.
2.9 OZ – Act No. 89/2012 Coll., Civil Code, as amended
2.10 Contractual parties – the Client and the PREMIOT Company are together

3. Subject of the provided service

3.1 The company PREMIOT ensures the provision of investment advice and consultations, the realization of real estate investments, the management of client assets, the provision of consumer credit, trade and receivables management and other services for the client.
3.2 The company PREMIOT also provides management and administrative services for the client regarding the assets or real estate of the client, which the company PREMIOT has agreed to, provided that the client concludes the Agreement and fulfills its obligations under the Agreement and these terms and conditions.
3.3 The scope of PREMIOT's Services is specified in the Agreement and represents:
3.4.1 real estate activity, purchase and sale of real estate,
3.4.2 investment activity,
3.4.3 rental of real estate,
3.4.4 reconstruc­tion and development of real estate,
3.4.5 purchase of assets (auction, foreclosure, insolvency, cash purchase, etc.)
3.4.6 trade and management of receivables secured by real estate
3.4.7 other services that may be requested and agreed from time to time.

4. Conclusion of the Contract

4.1 The service is provided to the Client based on the concluded Agreement. These terms and conditions are also an integral part of the Agreement.
4.2 The contract is concluded on the date of signature by both contracting parties. In the case of concluding a contract via the Web interface, the moment of concluding the Contract is the day of entering the specified data relating to the provision of investment advice and consultations, realization of investments in real estate, real estate services, development services, client asset management, trade and receivables management and other services through the entry form within Portal and paying the price of the Service in the agreed amount. In the case of a non-cash transfer, at the time of crediting the amount corresponding to the price associated with the provision of the Service to the account of the PREMIOT Company.

5. Period of service provided

5.1 The Agreement is concluded for an indefinite period of time with effect from the date of signature of the Agreement by both Contracting Parties.
5.2 The Agreement can only be terminated by mutual agreement of the parties, termination or withdrawal from the Agreement
5.3 Termination of the Agreement is possible without stating the reason of any of the contractual parties, delivered to the other contractual party always two months before the end of the annual period for which the price for the provided services is paid, with the provision that the Agreement is terminated as of the last day of the given period.
5.4 Withdrawal from the Contract by PREMIOT is in the event that the client does not comply with any of the promises, obligations and agreements based on the Contract and according to these terms and conditions, which are to be complied with.
5.5 Withdrawal from the Agreement by the Client is possible only in case of gross breach of PREMIOT's obli­gations under the Agreement and these terms and conditions.
5.6 If the contract is terminated by the client, PREMIOT is entitled to reimbursement of all costs related to the provided Service.
5.7 It is considered a gross breach of the client's duty when (i) the Client provides false, incomplete information, himself or the persons involved and does not make corrections immediately after a request from PREMIOT.
5.8 In the event of a complaint and termination of the contractual arrangement, the client agrees to account for all actions performed so far, costs incurred and services already provided. The company PREMIOT is entitled to offset the funds from the paid advance to the account of the company PREMIOT for the payment of these costs, to which the client gives consent by signing the contract. PREMIOT will transfer the resulting difference to the client's account without undue delay.

6. Price

6.1 The contracting parties mutually agreed on the price for the services provided based on the specification stated in the budget, which is an annex to the Contract.
6.2 The client undertakes to pay PREMIOT the price according to the relevant budget. He declares that he has prepared funds to pay the contractually agreed price.
6.3 The client undertakes to pay a price advance to PREMIOT before starting work on the given order. The company PREMIOT is not obliged to start operations before the proper payment of this deposit. In the case of non-cash payment, the payment deadline is calculated from the date of receipt of the payment to the account of PREMIOT. 6.4 All payments for services will be made on the basis of PREMIOT's payment documents.

7. Payment of Fees

Regardless, if possible, PREMIOT will debit all fees payable to it to the client's bank account, the client always guarantees proper payment and reimbursement to PREMIOT and the persons appointed by the organizational unit with respect to all fees, monetary expenses and costs in connection with these services and in general therefore after the proper repayment of all debts by the client:
7.1 PREMIOT will deliver the requested service to the client.
7.2 Fees are agreed in the Contract and PREMIOT reserves the right to change them.
7.3 No refunds are given once the order has been processed.
7.4 If the relevant fees for continued services remain unpaid after a certain agreed period of service performance for more than 30 days after the presentation of the invoice to PREMIOT and PREMIOT has not received any notification from the client that the provision of services is to be terminated, PREMIOT is entitled under at its sole discretion to terminate the services immediately and/or treat the amount owed as a loan from the due date and thus charge interest at the rate of 15% for each calendar month until payment is received and/or collect this amount directly from any of the client's assets.
7.5 PREMIOT's fe­es are stated in CZK or EUR, and are payable in cash or by bank transfer. The use of any single currency and the clearing of a check or other monetary instrument through any central bank shall not be deemed to subject PREMIOT or the owner or nominees to the jurisdiction of the courts of the state of such central bank for any purpose whatsoever.
7.6 If any fees or monetary expenses payable to PREMIOT or the nominated persons are not duly and timely paid, PREMIOT and the nominated persons shall not be obliged to provide services to the client.

8. Advice, consultation, development, services related to real estate and investment activities, management and trade of receivables, and provision of other services

8.1 The client orders services via the web interface, i.e. by filling out the reservation and order form on the website. Services can also be ordered by regular email or by phone or in person.
8.2 Under the conditions specified in the contact, reservation, establishment form, the PREMIOT company will carry out actions aimed at arranging a consultation, trade with receivables, purchase or sale of real estate, procurement of other services for the client as specified.
8.3 The company PREMIOT will perform all services with professional care and enforcement of the rights and legitimate interests of the client, in accordance with the data and other possible instructions given by the client until the creation or fulfillment of the subject of the contract. The provider is not bound by the client's instruc­tions if they conflict with generally binding legal regulations.
8.4 The client is responsible for the correctness and completeness of the data submitted for consultation, for the execution of actions, entered through forms, submitted electronically or in person, including all other information and documentation provided to PREMIOT in the course of implementation.
8.5 PREMIOT is not responsible for damage caused to the client or third parties as a result of incorrect, illegal or illegal use of the portal.
8.6 The client acknowledges that some actions cannot be performed only on the basis of a request sent via the portal, therefore the client may be contacted and additionally asked to provide the documents or documents necessary to perform the actions.
8.7 The client acknowledges and agrees to provide maximum cooperation in submitting the necessary documents on time. In case of late delivery, the service delivery date is extended by this period.

9. Limitation and Exclusion of Liability

9.1 Every user entering the website – portal www.premiot.com managed by PREMIOT uses it at his own risk. The company PREMIOT is not responsible for the correctness, completeness and up-to-dateness of the content of the portal www.premiot.com Information from these presentations is provided WITHOUT WARRANTY.
9.2 In no event shall PREMIOT, its partners or other third parties mentioned on this site be liable for any damages of any kind (including but not limited to those damages resulting from lost profits, loss of data or business interruption). caused by the use, inability to use, or based on the results of the use of the PREMIOT portal, any server to which this site links, or the materials and information contained on any or all of the web sites, whether under warranty, contract, tort or any legal theories and without regardless of whether or not PREMIOT was informed of the possibility of such damages. The company PREMIOT is not responsible for any damages, whether direct or indirect, special or arising in connection with the use of the portal www.premiot.com, nor for damages arising due to the partial or complete non-functionality of the portals managed by the company PREMIOT. The company PREMIOT is not responsible or liable for the truth, content or form of advertising published on the PREMIOT portal.
9.3 The materials and services provided on this portal are provided „as is“, i.e. without warranties of any kind, including warranties of merchantability, fitness for a particular purpose or non-infringement of intellectual property. PREMIOT's obli­gations regarding the services provided are determined exclusively by the contracts on the basis of which they are provided. Furthermore, PREMIOT does not guarantee the correctness and completeness of the materials and services on the PREMIOT portal. PREMIOT may at any time and without prior notice make changes to the materials on these pages or changes to the services and prices described in these materials. The materials and services on the PREMIOT portal may not be up-to-date and PREMIOT makes no commitment to update the materials and services on these pages.

10. Rights and obligations of the client

10.1 The client is bound by the fulfillment of the obligations arising from the Agreement and these terms and conditions.
10.2 The client is obliged to maintain funds in the organizational unit sufficient to pay his obligations when they fall due. In the event that this is not possible, PREMIOT or appointed persons can provide funds to the organizational unit or secure funds for the organizational unit.
10.3. Upon request by PREMIOT or appointed persons, the client is obliged to notify or ensure notification to PREMIOT or appointed representatives of any information regarding the client that may be necessary for the performance of obligations by PREMIOT or appointed persons in connection with the provided service.
10.4 Inform PREMIOT about any significant changes regarding the service provided.
10.5 At the request of PREMIOT or its nominees, the client shall notify or arrange for notification to PREMIOT or its nominees of all information regarding the client's assets, transactions or business activities that PREMIOT or its nominees may require to fulfill its obligations regarding with the services provided.
10.6 The rights and obligations relating to the Client according to these terms and conditions also apply appropriately to other persons involved in the establishment of the service, in particular entrepreneurs, partners or members of bodies or other persons entered in the procurement documentation. By confirming the order and delivering the tender specification, the client confirms that he has informed the affected persons of these terms and conditions and that these persons agree to the terms and conditions.

11. Named Persons and Indemnification

The Client hereby negotiates with PREMIOT and as a separate agreement with each person or company named by PREMIOT who may from time to time be or act as a director, deputy director, secretary, assistant secretary, manager, accountant, accounting consultant, VAT intermediary, council, protector or other official or registered shareholder of organizational units (hereinafter referred to as named persons, this term includes all such persons) that:
11.1 The Client shall at all times indemnify and hold harmless PREMIOT and the named persons and their employees and any company directly or indirectly controlled by them and all of their directors or employees and organizational units with respect to all activities, litigation, legal proceedings, claims, claims, costs and financial obligations that may arise or arise or may be led, initiated, realized or demanded by or against PREMIOT or named persons in connection with the use of the services provided or this agreement;
11.2 PREMIOT or its nominees shall have no liability for any failure by them to comply, in whole or in part, with respect to any instructions or requirements and shall not be liable for their non-acceptance or for any errors or ambiguities thereof.

12. Rights and obligations of PREMIOT

12.1 PREMIOT and its nominees are entitled to take any action they deem appropriate to protect the client's interests and/or assets and to follow professional advice in the interests and at the client's expense, if PREMIOT or its nominees persons may deem necessary.
12.2 PREMIOT and its nominees shall have no liability for loss or damage arising from the use of facsimile instructions, including failed or incomplete submissions, mutilation or loss of privacy.
12.3 If PREMIOT or its nominees request instructions and do not receive them within 30 days, or if the urgency of the matter requires a shorter period than may be specified in the request, PREMIOT or its nominees may immediately proceed with one or more of the following ways;
12.3.1 take no further action in the particular matter;
12.3.2 take no further action in respect of the Client;
12.3.3 take any other action that it thinks fit or that may be recommended by its legal advisors and neither PREMIOT nor the nominated persons shall have ANY LIABILITY in relation to any act or failure to act in accordance with the above provisions or as a result of these actions or failure to perform these actions.
12.4 PREMIOT or its nominees shall not be liable for any penalties, fines, fees or other liabilities incurred by the Owner and/or Entity in connection with the Entity and/or Services and accepts full responsibility for payment thereof and shall release PREMIOT and named persons of any liability in this regard.
12.5 PREMIOT shall not pay any interest on any monies held by PREMIOT for the benefit of the Client.

13. Commercial communications

13.1 The client agrees to send the provider's com­mercial communications by means of electronic communication to a contact email that he approves and approves.
13.2 The client or another person affected by the protection of personal data according to these terms and conditions is entitled to withdraw their consent to the processing of personal data or the sending of business communications by an explicit, understandable and certain expression of will by any technical means enabling the recording of such an expression (e.g. written communication, electronically) to any contact connection of the provider. The contact details of the provider and Portal partners are listed in particular on the Portal in contacts.

14. Client Declaration

14.1 The Client hereby irrevocably declares and confirms that:
14.1.1 he is not prohibited by the laws of any country from becoming a party because he is under the age of majority or legally incapable (for any reason) or is otherwise incompetent to do so; neither
14.1.2 its assets are sufficient to meet current or anticipated requirements; neither
14.1.3 is not a resident of a country subject to an international restriction or embargo including, but without prejudice to the general nature of the foregoing, restrictions or embargoes imposed by the United Nations Security Council, the European Union and the United Kingdom.
14.2 The Client hereby irrevocably declares and confirms that it does not deal with:
14.2.1 Trading or other illegal activity related to money laundering, receiving the proceeds of drug trafficking or terrorist activities, receiving the proceeds of crime or trading with such countries which may from time to time be subject to any embargo imposed by the Security Council the United Nations, the European Union and the United Kingdom.
14.2.2 Activities not approved by PREMIOT, which include, among others, the disposal of toxic waste or the discharge of such materials, the activities of adoption agencies including surrogate motherhood, the provision of online betting or gambling services, the issuance or provision of credit cards or similar services, the provision of consumer loans, the establishment of high schools or higher vocational schools to provide academic degrees or qualifications, or any other business related to the sale of time share contracts.
14.2.3 Financial business including: collecting funds from the public, offering investment advice to the public; investment management other than investments where the managed assets include the property of an organizational unit, or the operation and management of a collective investment system.
14.2.4 any other activity which is illegal and which may damage the good name of PREMIOT.
14.3 The Client confirms, warrants and undertakes that it does not act as an agent for any other person or organizational unit.
14.4 The Client hereby warrants that PREMIOT has not provided legal or tax advice to the Client, and further that the Client has sought independent, external advice regarding the understanding, interpretation, acceptance and conclusion of this Agreement.

15. Confidentiality Obligation

15.1 PREMIOT will not disclose any information regarding the client and his identity to any third party without the prior written consent of the client.
15.2 PREMIOT reserves the right to deem this confidentiality obligation unenforceable;
15.2.1 if PREMIOT is advised by its legal advisors that it is required by law to disclose this information,
15.2.2 when PREMIOT is of the opinion that it is in the best interests of the client to provide the information.

16. Protection of personal data

16.1 Administra­tor of personal data
Company: Premiot Group, a.s.
IČO: 044 05 030
Address: 110 00 Prague 1, Nové Město, Jindřišská 901/5
Email: info@premiot.com
Tel: +420 220 770 088
The administrator of the personal data that will be provided to it on the basis of the contract with the client undertakes to process this personal data in accordance with legal regulations, in particular with Regulation (EU) 2016/679 of the European Parliament and of the Council of April 27, 2016 on on the protection of natural persons in connection with the processing of personal data and on the free movement of such data and on the repeal of Directive 95/46/EC.
16.2 Information related to the processing of personal data of the client is: first and last name or name of the person, academic degree, place of residence or registered office, social security number, date of birth or identification number, telephone number, electronic addresses, subject of business and data entered within registration and subsequent documents requested by institutions, courts, justices and banks for the establishment of the required service.
Get to know in detail also the protection of personal data, which is an integral part of these terms and conditions.

17. Law

17.1 The validity, interpretation and performance of the Agreement shall be governed and construed in accordance with English law. The English courts shall have non-exclusive jurisdiction in relation to any dispute, infringement or any similar litigation that has arisen or may arise in connection with this Agreement („Court Proceedings“). Each party irrevocably submits to the jurisdiction of the courts of the United Kingdom and waives any objection to proceedings in those courts on the grounds of lack of jurisdiction or forum non conveniens.
17.2. In the event that any term, rule, or provision of this Agreement is found to violate any applicable law, provision, or regulation, that provision shall be amended, rewritten, or interpreted to approximate its substance and scope as closely as possible; and was enforceable in this way. If such provision cannot be so modified, rewritten or construed to be enforceable, such provision will not be effective and the remainder of the Agreement will be enforceable as if such provision had not been included. Notwithstanding the foregoing, in the event of any termination resulting from such circumstances as described above, the parties shall in good faith negotiate the terms of a mutually acceptable and satisfactory provision in lieu of such terminated provision.
17.3. All disputes and differences that may arise from this contract or in connection with it will be settled, if possible, by negotiations between the parties.

18 Delivery

18.1 All written or electronic communication with the Client will be carried out on the contact links provided by the client.
18.2 Any notification made by PREMIOT which is:
18.2.1 delivered in person shall be deemed to have been made at the time of such delivery;
18.2.2 sent by a postal service provider in London shall be deemed to have been made 3 days after posting;
18.2.3 sent by airmail shall be deemed to have been made 12 days after dispatch;
18.2.4 sent via a postal service provider outside London shall be deemed to have been made 15 days after dispatch;
18.2.5 sent by email shall be deemed to have been made at the time of sending.

19 Final Provisions

19.1 PREMIOT is entitled to unilaterally change the terms and conditions.
19.2 These terms and conditions take effect on 05/2018

Do you have questions? We are available for you, contact us on the phone number + 420 220 770 088.