Terms of Use
Please read these Terms of Use ("Terms") carefully before downloading or using Tenancy P&L ("the App"). By downloading, installing, or using the App, you agree to be bound by these Terms. If you do not agree, do not use the App.
1. About the App
Tenancy P&L is a personal finance management tool designed to help landlords and property owners track rental income, expenses, profit & loss, compliance dates, and related documentation.
2. Acceptance of Terms
By accessing or using the App, you confirm that you are at least 18 years of age, have the legal capacity to enter into these Terms, and agree to comply with them in full. If you are using the App on behalf of a business or organisation, you represent that you have authority to bind that entity to these Terms.
3. Licence to Use
We grant you a limited, non-exclusive, non-transferable, revocable licence to install and use the App on Apple devices that you own or control, solely for your personal or internal business purposes, in accordance with these Terms and the Apple Standard End User Licence Agreement (EULA).
You may not:
Copy, modify, or distribute the App or any part of it
Reverse engineer, decompile, or disassemble the App
Rent, lease, lend, sell, or sublicense the App
Remove any proprietary notices or labels on the App
Use the App for any unlawful or fraudulent purpose
4. Not Financial, Tax, or Legal Advice
⚠️ The App is a calculation and record-keeping tool only. It does not provide financial, tax, accounting, or legal advice.
Any figures, calculations, or reports generated by the App — including profit & loss summaries, tax estimates, and expense breakdowns — are based solely on the data you enter and the settings you configure. They are provided for informational and organisational purposes only.
You are solely responsible for:
The accuracy and completeness of all data you enter into the App
Verifying all calculations independently before relying on them
Consulting a qualified accountant, tax adviser, or solicitor for advice specific to your circumstances
Ensuring your tax returns and filings comply with applicable law
Complying with all landlord obligations including licensing, safety certificates, and tenancy legislation
We accept no liability for any financial loss, tax liability, penalties, or legal consequences arising from reliance on the App's output.
5. Subscription & Payment Terms
Tenancy P&L offers a free tier and an optional paid Pro subscription. All purchases and subscriptions are processed through Apple's In-App Purchase system.
Free tier: Limited to one property with core tracking features.
Pro subscription: Unlocks unlimited properties, full P&L reporting, and PDF export. Pricing is displayed in the App at the time of purchase.
Billing: Subscriptions are billed on a recurring basis (monthly or annual, depending on the plan selected) through your Apple ID account.
Auto-renewal: Subscriptions automatically renew unless cancelled at least 24 hours before the end of the current period.
Cancellation: You may cancel at any time via your Apple ID account settings. Cancellation takes effect at the end of the current billing period. No partial refunds are provided for unused periods.
Refunds: All refund requests are handled by Apple in accordance with their policies. We have no control over refund decisions.
Price changes: We reserve the right to change subscription pricing. You will be notified of any price changes through the App Store before renewal.
6. Your Data & Content
All data you enter into the App remains your property and is stored locally on your device. You are responsible for maintaining your own backups. We strongly recommend using the App's export feature regularly to preserve your records.
By using the App, you represent that the data you enter does not infringe any third-party rights and that you have the right to record and process it.
If you delete the App or reset your device without first exporting your data, your data will be permanently lost. We are not responsible for any loss of data.
7. Compliance Reminders
The App can track dates for compliance items such as gas safety certificates, EPC certificates, and boiler service dates. These features are provided as organisational reminders only. You are solely responsible for ensuring you meet all legal obligations as a landlord under applicable UK law (or the law of your jurisdiction) regardless of whether the App sends a reminder.
8. Availability & Updates
We aim to keep the App available and functional but do not guarantee uninterrupted availability. We may release updates, modify features, or discontinue the App at any time without notice. We reserve the right to modify these Terms at any time. Continued use of the App after changes constitutes acceptance of the revised Terms.
9. Disclaimer of Warranties
The App is provided on an "as is" and "as available" basis without warranties of any kind, whether express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, accuracy, or non-infringement.
We do not warrant that:
The App will meet your specific requirements
The App will be error-free, uninterrupted, or secure
Any calculations, estimates, or reports generated are accurate or complete
Defects in the App will be corrected
10. Limitation of Liability
To the maximum extent permitted by applicable law, we shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to:
Loss of profits or revenue
Loss of data or business information
Tax penalties or underpayments arising from App calculations
Costs of substitute goods or services
Any other indirect or consequential loss
Our total aggregate liability to you for any claims arising under these Terms shall not exceed the amount you paid for the App in the 12 months preceding the claim.
Nothing in these Terms limits liability for death or personal injury caused by negligence, fraud, or any other liability that cannot be excluded by law.
11. Intellectual Property
All intellectual property rights in the App — including the software, design, branding, and content — are owned by or licensed to us. These Terms do not transfer any ownership rights to you. "Tenancy P&L" and associated logos are our property.
12. Third-Party Services
The App integrates with the following third-party service for subscription management:
RevenueCat — used to validate and manage in-app subscription status. Their use is governed by RevenueCat's Terms of Service.
All payments are processed by Apple and governed by Apple's Media Services Terms and Conditions. We have no access to your payment details.
13. Apple Platform Terms
These Terms are between you and us only — not with Apple. Apple is not responsible for the App or its content. In the event of any conflict between these Terms and Apple's App Store Terms, Apple's terms shall prevail.
Apple has no obligation to provide maintenance or support for the App. To the extent that Apple provides any maintenance or support, it will be governed by the Apple Standard EULA. Apple is a third-party beneficiary of these Terms and may enforce them against you.
14. Governing Law & Jurisdiction
These Terms are governed by and construed in accordance with the laws of England and Wales. Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of England and Wales.
15. Termination
We may terminate or suspend your access to the App immediately, without notice, if you breach these Terms or if we are required to do so by law. Upon termination, you must delete the App from your devices. Provisions of these Terms that by their nature should survive termination shall do so.
16. Severability
If any provision of these Terms is found to be unenforceable or invalid under applicable law, that provision shall be modified to the minimum extent necessary to make it enforceable, and the remaining provisions shall continue in full force and effect.
17. Contact Us
Questions: hi@gururarjkulkarni.net