Schedule 1 — Contracts, Forms & Transactions Terms
Schedule 1 — Contracts, Forms & Transactions Terms
These terms apply whenever a Member accesses, creates, populates, edits, sends, stores or uses an NLS contract, form, template, transaction workflow or related document tool.
1. Technology service; no legal advice
NLS provides document technology and access to forms/templates. NLS is not a law firm and does not provide legal advice, legal representation or a legal review merely by making a document or workflow available.
2. No recommendation or suitability warranty
The presence, prominence, name, category, regional routing or suggested availability of a document does not constitute a recommendation that it should be used. NLS does not warrant that any form is appropriate for a particular transaction, client, property, Autonomous Community, tax position or factual circumstance.
3. Member selection and completion responsibility
The Member is solely responsible for selecting the document, confirming the correct parties and capacities, completing all factual and commercial terms, selecting clauses/options, reviewing generated text and ensuring the final document reflects the parties’ agreement before it is sent or signed.
4. Legal change and regional variation
Real-estate, civil, consumer, tax, housing and procedural requirements may vary by Autonomous Community and change over time. NLS may update templates but does not warrant that every template is continuously current for every use case. The Member must obtain legal advice where the transaction warrants it.
5. No review of completed documents
Unless NLS expressly agrees in writing to a separate review service, NLS does not review completed documents for accuracy, legality, enforceability, omissions, conflicts, authority, identity, tax effect or suitability.
6. Transaction parties and authority
The sender is responsible for confirming the identity, capacity and authority of each party and signatory and for ensuring that all required owners, spouses, representatives, companies, attorneys, guardians or other parties are included.
7. No legal-result warranty
NLS does not guarantee that a template or executed document will create, transfer, reserve, release, waive, perfect or enforce any right, title, obligation, deposit, commission, mandate or remedy, or achieve any particular legal, tax or commercial result.
8. Independent advice
Members should obtain independent Spanish legal, tax, notarial, technical or other professional advice whenever appropriate, particularly for unusual, high-value, cross-border, consumer, corporate, financed, AML-sensitive or disputed transactions.
9. Document storage
The Platform may store drafts and executed documents. Members must not treat NLS as their sole legally required archive unless NLS expressly agrees to provide a compliant archival service for the relevant record. Members should retain independent copies where professional or legal obligations require.
10. User-supplied clauses and uploads
NLS is not responsible for clauses, documents or instructions uploaded or drafted by a Member or third party. A Member must have rights and authority to upload and use them.
11. AI and automation in documents
AI extraction, completion, summarisation or drafting is assistive only. The Member must review every material field and clause before use. AI output must not be treated as legal advice.
12. Allocation of loss
The liability and indemnity provisions of the Master Member Terms apply. Nothing in this Schedule excludes liability that cannot lawfully be excluded.
Acknowledgements in the Platform
Before first using the Contract Library, each user confirms:
I understand that NLS provides technology, forms and transaction tools and is not a law firm or legal adviser. The availability of a document does not mean that NLS recommends it or that it is suitable for my transaction. I am responsible for selecting the appropriate document, checking all information and terms, confirming authority and obtaining independent legal, tax or other professional advice where appropriate. I agree to the Contracts, Forms & Transactions Terms.
Document-level notice
NLS template — review before use. NLS does not provide legal advice or guarantee that this document is suitable for your transaction. You are responsible for the information, options and terms entered and should obtain independent professional advice where appropriate.
Pre-send / pre-sign sender acknowledgement
Before sending any document package for signature, the sender confirms:
□ I confirm that I have reviewed this document and the parties, transaction details, amounts, dates, clauses and signing recipients. I am authorised to send it and understand that NLS does not review the completed document or provide legal advice.
