Mashvisor

Summary of Important Changes

1. Permitted use is more specifically limited

The revised language states that information obtained from Mashvisor is intended only for the Registrant’s:

• Personal, non-commercial use; and
• Research of real estate investments of the type offered through Mashvisor.

This replaces or clarifies the prior statement that the Registrant had a “bona fide interest” in researching investments of the relevant type.

Risk: The new wording may narrow the permitted purpose of use. Commercial use, internal business use, resale, or use for unrelated investment activities could be challenged, even if the user is not directly selling the information.

2. Stronger or clearer restriction on copying and redistribution

The revised provision states that the Registrant:

> “will not copy, redistribute, or retransmit any” information provided

except in connection with considering the purchase or sale of an individual property.

The prior language also contained a similar restriction, but the revised drafting makes the prohibition appear more direct and prominent.

Risks:

• Users may be prohibited from sharing information with business partners, clients, lenders, brokers, consultants, or employees unless that sharing is directly connected to a specific property transaction.
• The provision may restrict storing, reproducing, exporting, or incorporating Mashvisor information into another database or product.
• The exception appears limited to consideration of an individual property, which may not cover portfolio analysis, general market research, or bulk investment screening.

3. MLS ownership and copyright acknowledgment retained

The terms continue to require acknowledgment of the MLS’s ownership and copyright in the MLS database. This reinforces that the user receives limited access rights rather than ownership of the underlying data.

4. Investment disclaimer language is essentially unchanged

The diff shows mostly punctuation and formatting corrections to the investment-performance disclaimer. The terms continue to state that:

• Performance figures are projections, not actual results.
• Results may not be achieved.
• Projections rely on significant assumptions.
• Data may be unavailable when an investment opportunity arises.
• Projected returns are shown net of specified estimated costs.

These provisions continue to allocate investment-decision risk to the user.

5. AI-model training and data usage

No express change concerning AI training was identified. The revised language does not expressly:

• Permit Mashvisor to use customer-provided data to train AI or machine-learning models;
• Prohibit such training;
• State whether customer data is used for product improvement or model development;
• Address anonymization, aggregation, retention, or deletion of data used for AI purposes; or
• Grant Mashvisor ownership or a license to user-generated data for AI training.

Accordingly, the diff does not add a specific AI-training authorization or restriction. Any such rights would need to be located in another section, such as a privacy policy, data-processing agreement, or general license to customer content.

Summary of Important Changes

1. New Google Sign-In and Google User Data Provisions

The revised Terms add a detailed section governing Google account authentication and data obtained through Google Sign-In. Mashvisor may access:

• The user’s name
• Email address
• Google account unique identifier

The Terms state that Mashvisor does not access sensitive Google data—such as contacts, calendars, files, or other Google services—unless expressly authorized.

Permitted uses

Google user data may be used for:

• Authentication and account login
• Creating and managing a Mashvisor account
• Linking the Mashvisor account to the Google account
• Displaying basic profile information
• Sending service-related communications and optional marketing notifications based on user preferences

Mashvisor states that it will not use Google user data for targeted advertising or sell that data.

Sharing, security, retention, and deletion

The Terms permit limited sharing of Google user information, such as email addresses, with service providers including email, hosting, infrastructure, and customer-communications vendors. Those providers are stated to be contractually restricted to the intended service purposes.

The Terms also add:

• Security commitments described as “reasonable” and “industry-standard”
• Retention only as long as necessary to provide services or comply with law
• Account and associated-data deletion within 30 days after a written request, subject to legal-retention exceptions
• An express commitment to comply with Google’s API Services User Data Policy and its “Limited Use” requirements

2. AI-Training Implications

The revised language does not expressly authorize Mashvisor to use customer data to train AI models.

For Google-derived data, the Terms say it will be used only to provide or improve user-facing features and will not be transferred to third parties except as necessary to provide those services. The reference to Google’s Limited Use requirements is important because those requirements generally restrict use of Google user data for purposes unrelated to user-facing functionality, including certain generalized AI-model training uses.

However, the Terms do not clearly define:

• Whether “improve user-facing features” includes machine-learning development
• Whether non-Google customer data may be used to train AI models
• Whether user-submitted content, analytics, listing data, or account information may be used for model training
• Whether data used for improvement is de-identified or aggregated
• Whether vendors may process data for AI or machine-learning purposes

Accordingly, the AI-training position is clearer for Google data than for other customer data, but remains potentially ambiguous.

3. Broad License for User Submissions

The Terms retain or clarify a broad license allowing Mashvisor to use, reproduce, and modify user submissions on a perpetual and unlimited basis. The surrounding language indicates that submissions may be shared with Mashvisor partners and customers, including real-estate agents.

This creates a significant privacy and commercialization risk for users who submit confidential information, personal data, ideas, reviews, photos, or other content. Users are warned not to submit information they want kept confidential.

4. Other Changes

Most remaining changes are formatting, punctuation, section-numbering, and removal of website-navigation text. The revised Terms continue to include broad disclaimers, indemnification obligations, arbitration, limitations of liability, no-refund terms, and Mashvisor’s right to terminate accounts.

Summary of Important Changes

1. Google Sign-In Data Provisions Added

A new Section 4, “Google User Data & Authentication,” has been added. It states that Mashvisor may access the following information when users sign in through Google:

• Name
• Email address
• Google account unique identifier

The terms state that Mashvisor does not access sensitive Google data—such as contacts, calendar data, or files—unless expressly authorized.

Permitted uses

Google data may be used for:

• Authentication and account login
• Creating and managing the Mashvisor account
• Linking the Mashvisor and Google accounts
• Displaying basic profile information
• Sending service communications, alerts, and optional marketing messages based on preferences

The terms expressly state that Google data will not be used for advertising targeting or sold.

Sharing, security, retention, and deletion

Mashvisor may share limited information, such as an email address, with service providers supporting:

• Email delivery
• Hosting and infrastructure
• Customer communications

Mashvisor states that it uses reasonable security measures and will delete account-related personal data within 30 days of a written deletion request, except where legally required to retain it.

The terms also add a commitment to comply with Google’s API Services User Data Policy, including its Limited Use requirements. Google data is described as being used only to provide or improve user-facing features and not transferred to third parties except as necessary to provide those services.

2. AI Model Training

The revised language does not expressly authorize or prohibit using customer data, Google data, submissions, or other user content to train AI models.

However, the position is not entirely risk-free:

• The broad license for user “Submissions” remains: Mashvisor receives a perpetual, unlimited right to use, reproduce, and modify submitted content.
• Although the visible text does not specifically mention artificial intelligence, machine learning, model training, or generative AI, Mashvisor could potentially argue that model development falls within this broad license.
• The Google data provisions are more restrictive. Training general-purpose AI models would likely be difficult to reconcile with the stated purposes of providing or improving user-facing features and Google’s Limited Use requirements, particularly for Google-derived personal data.
• The terms do not clarify whether submitted content is anonymized, aggregated, used for model training, retained in training datasets, or deleted from such datasets after account deletion.

Customer risk: There is ambiguity regarding AI training of user submissions and other customer-provided content. Customers seeking to prevent such use should request an express contractual prohibition or a clear opt-out.

3. Other Notable Changes

• Numerous definitions and headings were reformatted, including quotation marks around defined terms.
• A prohibition on webscraping listing and property data is retained and clarified.
• The refund-contact email was changed or clarified to support@mashvisor.com.
• The added text appears to contain substantial website navigation/footer content, which may create drafting or interpretation concerns if incorporated into the operative agreement.

Summary

The diff does not include the actual 41 added words—only a description that approximately 41 words were added. As a result, it is not possible to determine:

• Whether the customer’s data may be used to train, fine-tune, or evaluate AI models.
• Whether the provider received broader rights to access, copy, modify, retain, or disclose customer data.
• Whether data may be de-identified, aggregated, or combined with other data for model development.
• Whether the customer can opt out of AI training or revoke consent.
• Whether new confidentiality, security, ownership, or deletion obligations were added.
• Whether liability, indemnification, or regulatory compliance risks changed.

AI-Training Risk Assessment

No conclusion can be reached regarding AI-model training because the operative added language is missing. The phrase “Added approximately 41 words to the document” does not identify the relevant contractual rights or obligations.

Information Needed

Please provide the actual redline text, using the specified format:

• Additions: {new language}
• Deletions: [deleted language]
• Replacements: [old language]{new language}

Without the wording of the addition and its location in the agreement, a substantive legal-risk analysis would be speculative.

Key Changes and Legal Risks

1. Updated Terms and Acceptance

• The document now expressly states that the Terms of Use and Mashvisor Privacy Policy were updated on April 29, 2019.
• Continued use of the Mashvisor Services constitutes acceptance of the updated policies.
• Registered users are expressly required to agree to both the Terms of Use and Privacy Policy.

Risk: Continued-use acceptance may bind existing users without requiring affirmative consent, subject to applicable law.

2. New Google User Data and Authentication Section

A substantial new Section 4 addresses Google Sign-In:

• Mashvisor may access the user’s:
• Name
• Email address
• Google account unique identifier
• Mashvisor states that it does not access sensitive Google data—such as contacts, calendar data, or files—unless specifically authorized.
• Google data may be used for:
• Authentication and account login
• Account creation and management
• Linking the Mashvisor and Google accounts
• Displaying basic profile information
• Service communications and optional marketing notifications based on preferences
• Mashvisor states that it does not use Google data for advertising targeting and does not sell or rent Google data.
• Limited information may be shared with service providers, including email, hosting, and customer-communications providers.
• Google-derived data is subject to security measures and may be deleted within 30 days after a written deletion request, unless legal retention applies.
• Mashvisor commits to complying with Google’s API Services User Data Policy and its Limited Use requirements.

Risk: The deletion and “necessary to provide services” language may leave room for retention in backups, logs, or third-party systems. The policy also permits sharing with broadly defined service providers.

3. Customer Data and AI Model Training

• The diff contains no express authorization to use customer data, Google data, submissions, or account information to train artificial intelligence or machine-learning models.
• The Google-data section limits use to authentication, account administration, communications, and user-facing features. It also restricts transfers to third parties except as necessary to provide services.
• However, the Submissions license remains broad: users grant Mashvisor a perpetual, unlimited right to use, reproduce, and modify submitted content. Elsewhere, Mashvisor may share submissions with partners and customers, including real estate agents.

Risk: Although AI training is not expressly mentioned, the broad submissions license could arguably support internal analysis, product improvement, or model-training uses unless restricted by the Privacy Policy or another agreement. Customers should seek an explicit statement that customer data and submissions will not be used to train generalized AI models without consent.

4. Other Notable Changes

• Numerous punctuation, quotation-mark, heading, and formatting corrections clarify the agreement.
• The web-scraping prohibition is more clearly presented.
• Contact information for refund and copyright matters is updated or clarified.
• The document includes substantial website navigation/footer content, which appears non-substantive and may indicate a formatting or extraction error.

Summary

The provided diff does not contain any actual contract language. It only states:

> “Added approximately 41 words to the document”

Accordingly, no legal or commercial changes can be identified from the material provided.

AI Training and Customer Data

• No provisions concerning customer data were included.
• No changes were shown regarding whether customer data may be:
• Used to train, fine-tune, or improve AI models;
• Shared with model providers or other third parties;
• Retained after the services end;
• De-identified, aggregated, or used for analytics; or
• Excluded from training by default or only upon opt-out.

Risk Assessment

Because the 41 added words are not provided, it is not possible to assess whether they introduce:

• Broader rights to use customer data;
• Consent to AI training or model improvement;
• Reduced confidentiality or data-security protections;
• New data-retention or deletion rights;
• Changes to intellectual-property ownership; or
• Expanded rights to use outputs, prompts, or usage data.

Please provide the actual 41-word addition and any surrounding deleted or replacement language for a substantive legal analysis.

Summary of Important Changes

1. Updated Terms and Acceptance

• The document now expressly states that the Terms of Use and Mashvisor Privacy Policy were updated on April 29, 2019.
• Continued use of Mashvisor Services constitutes acceptance of the updated policies.
• Registered users are expressly stated to agree to both the Terms of Use and Privacy Policy.

Risk: Continued use may create acceptance of revised terms without a separate signature or affirmative click, depending on applicable law and the notice provided.

2. New Google Sign-In and Google User Data Provisions

A detailed section was added covering Google authentication and user data:

• Mashvisor may access:
• User’s name
• Email address
• Google account unique identifier
• Mashvisor states that it does not access sensitive Google data—such as contacts, calendars, files, or other Google services—unless expressly authorized.
• Google data may be used for:
• Authentication and account login
• Creating and managing the Mashvisor account
• Linking the Mashvisor and Google accounts
• Displaying basic profile information
• Service communications, alerts, and optional marketing communications based on user preferences
• Mashvisor states that it does not use Google user data for advertising targeting or sell it.
• Limited information may be shared with service providers, including email, hosting, infrastructure, and customer-communications providers.
• Google-derived data is subject to stated security protections and may be deleted within 30 days after a written deletion request, except where legal retention is required.
• Mashvisor commits to complying with Google’s API Services User Data Policy and its Limited Use requirements.

Risks/limitations:

• The provisions permit sharing Google-related information with multiple categories of vendors.
• “Reasonable” or “industry-standard” security language does not guarantee a particular security outcome.
• Deletion applies to specified account and personal data, but the treatment of backups, logs, aggregated data, or vendor-held copies is not clearly addressed.
• Marketing communications may be sent based on user preferences.

3. Customer Data and AI Model Training

• No express provision was added authorizing or prohibiting the use of customer data to train artificial-intelligence or machine-learning models.
• The Google data section limits use to specified user-facing and service-related purposes and states that Google API data will only be used to provide or improve user-facing features. This weighs against using Google user data for unrelated AI training.
• However, the broader license for user “Submissions” remains significant: Mashvisor receives a perpetual, unlimited right to use, reproduce, and modify submitted content and may share certain information with partners and customers.
• Because “use” is broad and does not expressly exclude AI training, submitted content could potentially be argued to support model development, subject to the Privacy Policy and other legal restrictions.

Recommended clarification: Add an explicit statement addressing whether customer content, account data, Google data, analytics, or de-identified data may be used to train, fine-tune, evaluate, or improve AI models.

4. Other Changes

• Numerous punctuation, quotation-mark, heading, and formatting corrections were made.
• The displayed diff contains extensive inserted website navigation/footer text, suggesting formatting or document-extraction artifacts rather than substantive contractual changes.
• The existing broad submission license, arbitration provisions, disclaimers, liability limits, indemnity, and no-refund language remain important customer risks.

Executive Summary

The diff appears to contain substantial website-navigation and scraping artifacts, making parts of the redline difficult to interpret as intentional legal amendments. The meaningful contractual changes are limited but important.

Important Substantive Changes

1. Permitted use is reframed

The prior language stated that information obtained from Mashvisor was for the registrant’s personal, non-commercial use.

The revised language appears to state that the registrant:

• Has a bona fide interest in researching real estate investments of the type offered through Mashvisor; and
• May use the information in connection with considering the purchase or sale of an individual property.

Risk/impact:

This may broaden or clarify the legitimate purpose for accessing the information beyond generic personal use, but it also ties the permitted use to a specific real-estate-investment purpose. It could create uncertainty about whether use for portfolio analysis, commercial advisory services, internal business purposes, or evaluation of multiple properties is permitted.

2. Redistribution restriction is modified

The earlier wording prohibited the registrant from copying, redistributing, or retransmitting any information provided.

The revised wording appears to prohibit copying, redistribution, or retransmission of any of the information provided, except in connection with the registrant’s consideration of purchasing or selling an individual property.

Risk/impact:

• The prohibition remains broad and may cover downloading, sharing, reproducing, or transmitting data to third parties.
• The apparent exception is narrow and may not permit use after the transaction, use for multiple properties, or sharing with brokers, lenders, employees, consultants, or affiliates.
• The language should clarify whether ordinary internal use, printing reports, API use, and sharing with professional advisers are allowed.

3. MLS ownership and copyright acknowledgment remains

The text continues to require acknowledgment of the MLS’s ownership of, and copyright in, the MLS database. No material change to this obligation is apparent, although spacing and punctuation were altered.

AI Training and Data Use

No express change concerning AI, machine learning, model training, automated analysis, or use of customer data to train AI models is present in the supplied diff.

The redistribution and copying restrictions could potentially limit a customer’s ability to submit Mashvisor data to an AI system, particularly where that submission involves copying, transmitting, or creating a derivative dataset. However, the diff does not expressly grant Mashvisor a right to use customer data for AI training, nor does it expressly prohibit the customer from doing so.

A separate data-use, privacy, or AI policy should be reviewed for any such rights.

Other Changes

• Disclaimer paragraphs appear substantively unchanged; most edits are punctuation or formatting corrections.
• Website navigation, product names, and footer content have been inserted into the text. These appear to be drafting or scraping artifacts rather than enforceable amendments and should be removed or verified.
• The revised text should be reviewed for missing words and sentence structure before publication.

Summary

The diff only states that approximately 79 words were removed, without identifying the deleted language or showing the surrounding provisions.

Legal and Commercial Impact

• Unable to assess substantive changes: The nature of the deleted terms cannot be determined from the information provided.
• Potential risk areas: Deleted language could affect important provisions, including:
• Customer data ownership and permitted use
• Confidentiality and security obligations
• Artificial intelligence or machine-learning model training
• Service-provider rights to retain, analyze, or create derivative data
• Liability, indemnification, warranties, or compliance obligations
• Data deletion, return, or retention requirements
• Audit, transparency, or customer-control rights

AI-Training Analysis

No conclusion can be reached about changes to AI model training based solely on “removed approximately 79 words.” The deletion may have:

• Removed an authorization to use customer data, prompts, inputs, outputs, or usage information to train or improve AI models;
• Narrowed or eliminated restrictions on such training;
• Removed an opt-out, consent, or notice requirement;
• Changed whether data may be used in aggregated, de-identified, or anonymized form; or
• Had no connection to AI at all.

Required Information

To provide a reliable legal analysis, the actual deleted text and any replacement or surrounding language are needed. The analysis should specifically compare terms relating to:

1. Use of customer content and data;

2. Training, fine-tuning, or improving AI or machine-learning models;

3. Human review or automated analysis;

4. De-identification, aggregation, and retention;

5. Opt-out or consent mechanisms; and

6. Ownership and confidentiality protections.

Bottom line: The provided diff is insufficient to identify any specific legal change or determine whether customer data may now be used differently for AI training.

Summary

The provided diff only states: “Added approximately 32 words to the document.” It does not include the actual added, deleted, or replaced legal language.

Key Changes

• No substantive contractual language is shown.
• The nature and effect of the 32 added words cannot be determined from the information provided.
• No conclusions can be drawn regarding changes to:
• Customer data rights or ownership
• Data processing or sharing
• Confidentiality
• Security obligations
• Liability or indemnification
• Termination rights
• Use of data for artificial intelligence or machine-learning purposes

AI Training and Model Use

The supplied diff contains no language addressing whether customer data may be used to train, fine-tune, evaluate, or improve AI models.

Accordingly, it is not possible to determine whether the amendment:

• Permits or restricts AI training using customer data
• Applies only to de-identified, aggregated, or anonymized data
• Allows use of prompts, inputs, outputs, or usage metadata
• Grants the provider ownership or a broad license to customer data
• Requires consent, opt-out rights, or deletion of data from training sets
• Imposes confidentiality, security, or retention limits on AI-related use

Risk Assessment

A legal risk assessment cannot be completed without the actual redlined text. The added 32 words should be provided using the stated notation—{additions}, [deletions], and []{}

for replacements—so the precise contractual changes can be reviewed.

Summary

The diff does not include the actual 41 added words or identify where they were inserted. It only states that approximately 41 words were added.

AI Training and Data-Use Changes

• No conclusions can be drawn about whether the customer’s data may now be used to train, fine-tune, evaluate, or improve AI models.
• It is also impossible to determine whether the added language:
• Expands the definition of permitted data use;
• Grants the provider a license or ownership interest in customer data;
• Permits use of de-identified, aggregated, or anonymized data;
• Allows human review or disclosure to subprocessors;
• Applies to prompts, inputs, outputs, usage data, or uploaded content;
• Creates an opt-out right or limits training to service-improvement purposes; or
• Changes deletion, retention, confidentiality, or security obligations.

Legal and Commercial Risk

Because the added language is not provided, the principal risk is uncertainty. A short addition could materially change the customer’s rights, particularly if it:

• Broadens the provider’s rights to use customer content;
• Makes training consent automatic rather than opt-in;
• Uses vague terms such as “improve,” “develop,” or “enhance” the services;
• Allows retention or reuse after termination;
• Reduces confidentiality protections; or
• Shifts responsibility for personal-data compliance to the customer.

Required Information

Please provide the actual inserted text, including its location and any surrounding language. The redline should show the additions using the stated notation, for example: {new language}. Without the text, a substantive comparison and risk assessment cannot reliably be performed.

Summary of Important Changes

1. Cookie notice and consent language removed

The diff deletes the following language:

> “Mashvisor uses cookies to provide necessary site functionality and improve your experience. By browsing our website, you consent to our use of cookies. To learn more please refer to our cookie policy Accept Reject”

Legal and privacy implications

• The website no longer displays an express notice that cookies are used.
• The “Accept” and “Reject” choices have been removed, eliminating the visible mechanism for users to provide or refuse consent.
• The deletion may reduce transparency about tracking, analytics, advertising, or other technologies used on the website.
• Depending on the users’ location and the types of cookies deployed, this could create compliance risk under privacy and electronic-communications laws, including requirements for prior consent, clear notice, or withdrawal mechanisms.
• The deletion does not necessarily mean cookies are no longer being used. If cookies continue to operate, the site should provide compliant notice and consent through another mechanism, such as a separate cookie banner or policy.

2. Minor text correction involving “Mashvisor”

The phrase:

> “All rights reservedMashvisor”

is changed to:

> “All rights reserved”

This appears to remove an unintended or duplicated occurrence of “Mashvisor” after the copyright notice. The change is primarily editorial and does not materially alter rights ownership based on the text shown.

3. AI-model training and customer data

• The diff contains no express language about artificial intelligence, machine learning, model training, or use of customer data to train AI models.
• It does not grant or remove any explicit right to use customer content, personal data, prompts, or usage information for AI training.
• However, removing the cookie notice and consent controls could affect how tracking or usage data is collected and potentially used, including for analytics, profiling, or other secondary purposes. The actual risk depends on the separate privacy policy, cookie policy, and technical implementation.
• The revised text should not be interpreted as prohibiting AI training or data reuse unless another contractual or privacy provision expressly does so.

Overall Assessment

The principal substantive change is the removal of cookie disclosure and consent language. This may create transparency and regulatory risks if tracking technologies remain active. No direct change to AI-training rights is visible in the supplied diff.

Summary

The diff only states that approximately 41 words were removed from the document. The specific deleted language is not provided.

Legal and Commercial Impact

• The nature and effect of the changes cannot be determined without seeing the actual deleted text.
• It is not possible to assess whether the removals affect:
• Customer rights or provider obligations;
• Data ownership, licensing, confidentiality, or security;
• Liability, indemnification, warranties, or termination rights;
• Compliance obligations; or
• Any other material contractual terms.

AI Training and Data Use

• The available diff does not identify whether customer data may be used to train, fine-tune, evaluate, or improve AI models.
• It is therefore not possible to determine whether:
• Customer data is now excluded from AI training;
• Restrictions on AI training were removed;
• The provider received broader rights to use customer data;
• De-identified, aggregated, or derived data may be used for model development; or
• Customer consent, opt-out, or deletion rights have changed.

Required Information

Please provide the actual 41 deleted words, ideally with the surrounding contract language. Without the text of the deletion, no reliable legal risk assessment can be made.

Summary of Important Changes

1. Permitted use of information

• Previous language: Information was intended solely for the registrant’s personal, non-commercial use.
• New language: The registrant must have a “bona fide interest” in researching real estate investments of the type offered through Mashvisor.

Risk/impact

• This removes or weakens the express “personal, non-commercial use” limitation.
• The new standard is potentially broader, because it may permit use by someone acting in a business or investment capacity.
• However, “bona fide interest” is subjective and could create disputes about whether a user’s purpose qualifies.

2. Restriction on copying and redistribution

• Previous language: The registrant could not copy, redistribute, or retransmit information, except in connection with considering the purchase or sale of an individual property.
• New language: The same restriction remains, but the exception is reframed around the registrant’s bona fide interest in researching qualifying real estate investments and considering the purchase or sale of an individual property.

Risk/impact

• The revised wording may make the permitted purpose broader at the beginning, but the transaction-related exception still appears limited to an individual property.
• It remains unclear whether users may share information with brokers, lenders, employees, clients, or investment partners while evaluating a transaction.
• The restriction on redistribution remains significant, particularly for commercial users.

3. MLS ownership and copyright

• The provision confirming the MLS’s ownership of, and copyright in, the MLS database appears substantively unchanged.
• Users should continue to treat MLS-derived information as subject to third-party intellectual-property restrictions.

4. Disclaimers and website content

• The disclaimer language concerning projected performance, assumptions, estimated returns, costs, vacancy, repairs, and maintenance appears materially unchanged.
• The diff adds or exposes website-navigation/footer content, including product links, copyright language, and cookie-consent text. These additions do not clearly change the substantive contractual rights or obligations, but they may reflect formatting or website-template contamination in the diff.

5. AI model training and data use

• No express provision addressing artificial intelligence, machine learning, model training, automated analysis, or use of customer data to train AI models appears in this diff.
• The changes do not authorize or prohibit Mashvisor from using customer-provided data for AI training.
• Any AI-training rights or restrictions would need to be located elsewhere, such as the privacy policy, data-processing terms, API terms, or a separate data-use clause.

Summary

Key Change

• Approximately 79 words were removed from the document.
• The actual deleted language is not provided, so the legal effect of the change cannot be determined.

AI Training and Data Use

• There is not enough information to determine whether the deletion changes:
• Whether customer data may be used to train, fine-tune, or improve AI models;
• Whether customer prompts, inputs, outputs, or personal information may be retained;
• Whether data is anonymized or aggregated before AI training;
• Whether the customer can opt out of AI training or data use;
• Whether vendors or subprocessors may use the data for their own model development; or
• Whether the provider may use data after termination of the agreement.

Potential Legal Risks

• If the removed text contained restrictions on data use, its deletion could expand the provider’s rights to process, retain, share, or use customer data.
• If the deleted language contained confidentiality, security, deletion, or purpose-limitation obligations, removing it could reduce the customer’s contractual protections.
• Conversely, the deletion could remove a broad or unfavorable permission, potentially benefiting the customer. The direction of the risk cannot be assessed without the original and revised wording.

Conclusion

The diff is insufficient for a reliable legal analysis. The complete text of the deleted approximately 79 words, together with the surrounding provisions, is needed—especially any sections addressing customer data, machine learning, artificial intelligence, model training, service improvement, retention, confidentiality, or subprocessors.

Key Changes and Risks

1. Updated Terms and Privacy Policy

• The document identifies the Terms of Use and Privacy Policy as updated April 29, 2019.
• Continued use of Mashvisor Services is stated to constitute acceptance of the updated policies.
• Risk: This creates a “browsewrap” or continued-use acceptance mechanism. Its enforceability may depend on whether users received sufficiently clear notice and had a meaningful opportunity to review the changes.

2. New Google Sign-In and Google Data Provisions

A new section addresses Google authentication and data handling. Mashvisor may access:

• User’s name;
• Email address; and
• Google account unique identifier.

Mashvisor states that it does not access sensitive Google data—such as contacts, calendar data, or files—unless expressly authorized.

Permitted uses include:

• Authentication and account login;
• Creating and managing a Mashvisor account;
• Linking the Mashvisor account to the user’s Google account;
• Displaying basic profile information;
• Sending service-related communications and optional marketing messages based on user preferences.

Mashvisor also states that it:

• Does not use Google user data for advertising targeting;
• Does not sell or rent Google user data;
• May share limited information with service providers, including email, hosting, infrastructure, and customer-communication providers;
• Applies reasonable security measures;
• Retains data while necessary to provide services or comply with law;
• Will delete profile and associated personal data within 30 days of a written request, subject to legal retention requirements; and
• Will comply with the Google API Services User Data Policy and its Limited Use requirements.

Risks/limitations:

• “Reasonable” and “industry-standard” security commitments are not specific warranties.
• The policy does not provide detailed deletion exceptions, backup-deletion procedures, or a comprehensive list of recipients.
• “Optional marketing” and user-preference mechanisms may require further operational controls for consent and opt-out compliance.

3. Customer Content and Submissions License

The terms grant Mashvisor a perpetual, unlimited right to use, reproduce, modify, and otherwise exploit user-submitted material, including feedback, ideas, reviews, comments, and photos.

The terms also contemplate sharing certain information, including email addresses and phone numbers, with Mashvisor partners and customers, including real estate agents.

Risk: The license is broad, perpetual, and apparently survives account termination. Users should not submit confidential, proprietary, personal, or third-party-protected material unless they are comfortable with potentially extensive reuse and disclosure.

4. AI Model Training

• No express provision authorizes or restricts using customer data, Google data, or Submissions to train, fine-tune, or improve AI models.
• The reference to using Google data to “provide or improve user-facing features” is not an express AI-training permission, but it is ambiguous enough to warrant clarification.
• The broad Submissions license could potentially be argued to cover machine-learning or AI-related uses, depending on the interpretation of “use” and “modify.”

Recommended clarification: State expressly whether customer data or Submissions may be used for AI training, whether data is de-identified, whether users can opt out, and whether Google-sourced data is excluded.

Key Changes and Risks

1. Updated Terms and Privacy Policy

• The document confirms that the Terms of Use and Mashvisor Privacy Policy were updated on April 29, 2019.
• Continued use of the Mashvisor Services constitutes acceptance of the updated policies.
• Registered users are expressly stated to agree to both documents.

Risk: Continued use is treated as contractual acceptance, even though the diff does not show a separate notice, signature, or opt-in process.

2. Google Sign-In Data Provisions Added

A new section addresses Google User Data and Authentication. It states that Mashvisor may access:

• The user’s name;
• Email address; and
• Google account unique identifier.

It states that Mashvisor does not access sensitive Google data—such as contacts, calendar data, or files—unless expressly authorized.

Permitted uses include:

• Authentication and account login;
• Creating and managing a Mashvisor account;
• Linking the Mashvisor account to the Google account;
• Displaying basic profile information;
• Sending service-related communications and optional marketing notifications based on user preferences.

Mashvisor states that it:

• Does not use Google user data for advertising targeting;
• Does not sell or rent Google user data;
• May share limited information with service providers, such as email, hosting, infrastructure, and customer-communication providers;
• Uses reasonable security measures;
• Retains account data only as long as necessary for services or legal compliance; and
• Will delete the user’s profile and associated personal data within 30 days after a written request, subject to legal-retention requirements.

Risk: The permitted sharing language is broad enough to cover multiple vendors. The policy does not provide detailed retention periods, deletion procedures for vendor-held data, or a comprehensive description of safeguards.

3. Google API Limited-Use Commitment

The new language says Google API data will be handled consistently with the Google API Services User Data Policy, including its Limited Use requirements. It further states that Google data will only be used to provide or improve user-facing features and will not be transferred to third parties except as necessary to provide those services.

Risk: This creates an important use restriction, but “improve user-facing features” could be interpreted broadly. The provision does not expressly address model training, analytics, product development, or de-identified data.

4. AI Model Training

• The diff contains no express authorization to use customer data, Google data, submissions, or account information to train AI models.
• It also contains no express prohibition on using data for AI training.
• The general license for user Submissions remains extremely broad: perpetual, unlimited rights to use, reproduce, and modify submitted content.

Risk: If “use” or “modify” is interpreted to include machine-learning development, customer submissions could potentially be used for AI-related purposes despite the absence of explicit language. The agreement should expressly state whether customer data and submissions may—or may not—be used to train, fine-tune, evaluate, or improve AI models.

5. Other Notable Changes

• Various quotation marks, punctuation, section headings, and grammatical issues were corrected.
• The prohibition on web scraping was clarified.
• A support email address was added to the refund-policy section.
• Footer and website-navigation content was inserted; this appears largely administrative rather than contractual.

Summary of Important Changes

1. Privacy Policy and Terms Update Notice

• The document now states that Mashvisor’s Terms of Use and Privacy Policy were updated on April 29, 2019.
• Continued use of the Services is presented as acceptance of the updated policies.
• Risk: This is a unilateral-update mechanism. Users may be bound by changes through continued use rather than affirmative acceptance.

2. New Google Sign-In and Google User Data Provisions

A new section addresses authentication through Google Sign-In. Mashvisor may access:

• User name
• Email address
• Google account identifier

It states that Mashvisor does not access sensitive Google data—such as contacts, calendar data, or files—unless expressly authorized.

Permitted uses include:

• Authentication and account login
• Creating and managing the Mashvisor account
• Linking the Mashvisor and Google accounts
• Displaying basic profile information
• Sending service-related and optional marketing communications

The provisions also state that Mashvisor:

• Does not sell or rent Google user data
• Does not use Google user data for advertising targeting
• May share limited information with service providers, including email, hosting, infrastructure, and customer-communications vendors
• Will retain account data as necessary to provide services or comply with law
• Will delete profile and associated personal data within 30 days of a written deletion request, subject to legal-retention requirements
• Will comply with Google’s API Services User Data Policy and its Limited Use requirements

AI-training implications

• The language does not expressly authorize Mashvisor to use Google user data to train, develop, or improve general-purpose AI models.
• The statement that Google data may be used to “provide or improve user-facing features” is narrower, but could potentially include AI-powered features if clearly user-facing. It should not be assumed to authorize unrelated model training.
• The stated deletion promise may be difficult to reconcile if data is incorporated into backups, derived datasets, analytics, or trained models; those issues are not addressed.

3. Broader License for User Submissions

Users may submit feedback, ideas, reviews, comments, photos, and other content. The revised terms grant Mashvisor a:

• Perpetual
• Unlimited
• Broad right to use, reproduce, modify, and otherwise exploit Submissions

Mashvisor may monitor, edit, remove, retain, and share content, including potentially with partners and customers. Users are warned not to submit confidential information or material they do not want others to use.

AI-training risk

• Although the terms do not mention AI, the broad, perpetual license could arguably cover using Submissions to create datasets, train machine-learning systems, or develop AI products.
• The absence of an express limitation on AI training creates uncertainty for users submitting proprietary, personal, confidential, or third-party content.
• The license should expressly state whether Submissions may be used for AI training, whether data will be de-identified, and whether users can opt out or request deletion from training datasets.

4. Data Scraping and Intellectual Property

The terms expressly prohibit crawling or scraping Mashvisor and network sites without prior written consent.

Risk: This protects Mashvisor’s data and systems but does not clarify whether users may export, reuse, or submit Mashvisor-generated data to external AI tools.

5. Other Notable Provisions

• Account termination remains largely discretionary.
• Services are provided “as is” and “as available.”
• Broad indemnification, arbitration, liability limitations, and no-injunction provisions remain important user risks.
• Most other changes appear to be formatting, punctuation, or section-numbering corrections rather than substantive revisions.

Summary

The provided diff states only that approximately 41 words were removed, but it does not identify which words, clauses, or sections were deleted.

Legal and Business Impact

Because the deleted language is not shown, it is not possible to determine whether the changes affect:

• Customer data ownership or permitted uses
• Confidentiality or privacy obligations
• Data retention or deletion
• Security requirements
• Service-provider or subcontractor rights
• Intellectual-property ownership
• Liability, indemnification, or warranties
• Audit or compliance rights
• Governing law or termination rights

AI Training and Model Use

The available diff contains no identifiable language concerning the use of customer data to train, fine-tune, evaluate, or improve AI models.

Accordingly, it is not possible to determine whether the deletion:

• Removes a prohibition on using customer data for AI training;
• Removes customer consent or opt-out rights;
• Limits training to aggregated, de-identified, or anonymized data;
• Changes whether customer prompts, inputs, outputs, or metadata may be retained;
• Expands or narrows the provider’s rights to use customer data; or
• Affects deletion of customer data from training datasets or models.

Risk Assessment

The principal risk is lack of visibility: deletion of only 41 words could materially change the agreement if those words formed part of a data-use restriction, AI-training limitation, confidentiality obligation, or customer consent requirement. However, no specific legal conclusion can be drawn from the information provided.

Required Information

A meaningful analysis requires the actual redline or the text of the deleted language, ideally showing:

1. The surrounding clause and section heading;

2. Any replacement wording;

3. Definitions of “Customer Data,” “Usage Data,” “Aggregated Data,” and similar terms; and

4. Provisions addressing AI, machine learning, model training, service improvement, or data retention.

Summary

The provided diff does not include the actual amended language. It only states:

> “Added approximately 79 words to the document”

Accordingly, it is not possible to determine:

• What contractual terms were added or changed;
• Whether the customer’s data may be used to train, fine-tune, test, or improve AI models;
• Whether any new rights to retain, disclose, commercialize, or anonymize customer data were introduced;
• Whether the provider may use customer prompts, inputs, outputs, metadata, or usage data for AI-related purposes;
• Whether the changes affect confidentiality, data protection, intellectual property, security, or liability;
• Whether the customer has an opt-out right or whether AI training is automatic.

AI Training Risk Assessment

No AI-training-related change can be identified from the information supplied. The statement that approximately 79 words were added does not reveal the substance or legal effect of those additions.

Information Needed

Please provide the full redlined text, including:

• Additions shown in {};
• Deletions shown in [];
• Replacements shown in []{}.

The actual wording is necessary to assess whether the amendment:

1. Permits use of customer content to train general-purpose or product-specific AI models;

2. Applies to customer inputs, outputs, personal data, confidential information, or derived data;

3. Allows human review or sharing with affiliates and third-party AI providers;

4. Grants the provider ownership or broad usage rights;

5. Applies retroactively or after termination;

6. Includes safeguards, deletion obligations, confidentiality protections, or an opt-out mechanism.

Summary

The diff only states that approximately 79 words were removed from the document. It does not identify the deleted language or provide enough context to assess its legal effect.

Key Legal Implications

• Scope of changes: Unknown. The deleted text could relate to liability, payment, confidentiality, data protection, intellectual property, termination, or other material provisions.
• Customer data: No specific information is provided about whether the removed language addressed customer data, data ownership, permitted uses, security, retention, disclosure, or service-provider access.
• AI model training: The diff does not show any addition, deletion, or modification concerning the use of customer data to train, fine-tune, evaluate, or improve artificial-intelligence or machine-learning models. It is therefore impossible to determine whether the customer’s data-use rights or protections changed.
• Risk assessment: The legal impact cannot be reliably assessed without the actual deleted wording and the surrounding provisions. Removal of language could either reduce customer protections or eliminate a provider right, depending on what was deleted.

Information Needed

To complete the analysis, provide either:

1. The full text of the deleted approximately 79 words; or

2. The relevant “before” and “after” versions of the affected provision.

Particular attention should be given to any language addressing:

• use of customer data for model training or product improvement;
• whether data is aggregated, de-identified, or anonymized;
• ownership of inputs, outputs, and derived data;
• opt-out or consent requirements;
• confidentiality and data-security obligations; and
• deletion or retention after termination.

Summary of Changes

1. Copyright/attribution wording changed

• Original: “All rights reserved”
• Revised: Appears to be “All rights reservedMashvisor” or “All rights reserved Mashvisor,” depending on intended formatting.

Potential impact:

This appears to add “Mashvisor” immediately after the copyright notice, possibly identifying the copyright owner or brand. However, the wording is grammatically incomplete and may be a formatting or redlining error. If intended to identify the rights holder, it should be stated clearly—for example, “© 2026 Mashvisor. All rights reserved.”

2. New cookie notice and consent language added

The revised text adds:

> “Mashvisor uses cookies to provide necessary site functionality and improve your experience. By browsing our website, you consent to our use of cookies. To learn more please refer to our cookie policy Accept Reject”

New legal effects and risks:

• Cookie usage disclosure: The website now expressly states that it uses cookies for necessary functionality and user-experience improvements.
• Implied consent: The language claims that merely browsing constitutes consent. Depending on the user’s location, this may not satisfy privacy laws requiring affirmative consent, particularly for analytics, advertising, profiling, or other non-essential cookies.
• Insufficient cookie categorization: The notice does not distinguish between strictly necessary cookies and optional analytics, advertising, personalization, or tracking cookies.
• Unclear controls: “Accept” and “Reject” are mentioned, but the wording does not explain whether rejecting cookies is possible, whether it applies to all non-essential cookies, or whether settings can later be changed.
• Policy incorporation: The cookie policy becomes important to understanding the scope of data collection, retention, sharing, and third-party tracking. Its contents should be reviewed separately.
• Potential transparency gaps: The notice does not identify third parties, explain the data collected through cookies, state retention periods, or describe applicable user rights.

3. AI model training

No language in the provided diff expressly states that customer or visitor data may be used to train, fine-tune, evaluate, or improve artificial intelligence models. The cookie language also does not itself authorize AI training, although data collected through cookies could potentially be used for analytics or profiling if the separate cookie policy or privacy policy permits it.

Summary

The provided diff only states: “Added approximately 47 words to the document.” It does not include the actual added, deleted, or replaced contractual language.

Key Findings

• Substantive changes: Cannot be assessed because the text of the 47 added words is not provided.
• Customer data use: No determination can be made about whether the changes:
• Permit use of customer data to train, fine-tune, or improve AI models;
• Allow human or automated review of customer data;
• Expand data-sharing rights with affiliates or third parties;
• Create rights to retain or reuse prompts, outputs, or other customer content;
• Limit the customer’s ability to opt out of AI training; or
• Change confidentiality, ownership, security, or deletion obligations.
• Legal risks: Cannot be identified reliably without the actual language. The added wording could materially alter the provider’s rights to use customer data, even if the change is relatively short.

Required Information

Please provide the actual 47-word addition and, if applicable, the surrounding original language. The changes should be shown using the stated notation:

• Additions: {added text}
• Deletions: [deleted text]
• Replacements: [old text]{new text}

Without the underlying text, no meaningful legal or AI-data-use analysis is possible.

Important Changes and Risks

1. Permitted use is expressly limited

The revised language states that information obtained from Mashvisor is for the Registrant’s personal, non-commercial use and for the Registrant’s research of real estate investments of the type offered through Mashvisor.

Practical effect

• The permitted purpose is more specific than a general right to use the information.
• Use by a company, employer, affiliate, client, or other third party may fall outside the permission unless the user qualifies as the “Registrant.”
• Commercial activities—such as advising clients, reselling analyses, operating an investment business, or incorporating the information into a commercial product—could be restricted.

2. New or emphasized non-copying restriction

The revised text provides that the Registrant will not copy, redistribute, or retransmit any information provided, except in connection with the Registrant’s consideration of purchasing or selling an individual property.

Risks

• The restriction may prohibit exporting, sharing, forwarding, or reproducing Mashvisor data.
• It may limit use in reports, presentations, spreadsheets, investment committees, or communications with brokers, lenders, partners, or clients.
• The exception appears narrow and tied to evaluating the purchase or sale of a specific individual property. It may not cover portfolio analysis, general market research, or broader investment activities.
• “Any information provided” is broad and could include data, projections, reports, API outputs, and derivative materials.

3. AI training and machine-learning use

The diff does not expressly authorize or prohibit using customer-provided data to train AI models.

However, the new restrictions create potential limits on AI-related activities:

• Copying data into an AI system could be treated as “copying.”
• Sending data to an external AI provider could be treated as “redistributing” or “retransmitting.”
• Using the information to train, fine-tune, evaluate, or create a commercial AI model may conflict with the personal, non-commercial-use limitation.
• The property-investment exception may not permit general-purpose model training or model development.

There is no express statement about whether Mashvisor itself may use customer data, prompts, uploads, or usage information to train AI models. The diff therefore does not create a clear customer-data training license, opt-out, consent requirement, or data-deletion obligation. Separate privacy or data-processing terms should be reviewed.

4. Intellectual-property acknowledgment retained

The Registrant continues to acknowledge the MLS’s ownership of, and copyright in, the MLS database. This reinforces that downstream use may be subject not only to Mashvisor’s terms but also to MLS database rights.

5. Other changes

The remaining edits appear primarily to correct spacing, punctuation, or remove website-navigation text. The disclaimers concerning projections, assumptions, estimated returns, and “AS IS” information remain substantively intact.

Summary

The provided diff does not include the actual added, deleted, or replaced language. It only states that approximately 41 words were added.

Impact Assessment

• Legal changes: Cannot be determined without the text of the amendment.
• Customer data use: No conclusion can be reached about whether the customer’s data may now be:
• Used to train AI or machine-learning models;
• Used to improve products or services;
• Shared with affiliates, vendors, or third parties;
• Retained after the agreement ends; or
• Anonymized, aggregated, or otherwise processed.
• New risks: Cannot be assessed from the information provided. The added language could materially change data rights, confidentiality obligations, intellectual-property ownership, consent requirements, or security responsibilities.

Information Needed

Please provide the 41 added words and any surrounding text, using the stated notation:

• {addition}
• [deletion]
• [old text]{new text}

Without the actual wording, it is not possible to identify the legal or AI-training implications of the change.

Summary of Important Changes

1. Copyright notice modified

• Deleted: Mashvisor
• Retained: All rights reserved

Potential impact:

The copyright notice no longer clearly identifies Mashvisor as the copyright owner. This may create ambiguity about ownership or licensing of the website content, although the deletion alone does not necessarily transfer ownership rights.

2. Cookie-consent language removed

The following language was deleted:

> “Mashvisor uses cookies to provide necessary site functionality and improve your experience. By browsing our website, you consent to our use of cookies. To learn more please refer to our cookie policy Accept Reject”

Potential risks and implications:

• Removes an express statement describing the use of cookies.
• Removes the reference and apparent link to the cookie policy.
• Removes the “Accept” and “Reject” consent controls.
• Could weaken transparency regarding tracking, analytics, advertising, or other cookie-based processing.
• Depending on applicable privacy laws, removing consent language and controls may create compliance risks, particularly where prior consent is required for non-essential cookies. This may be especially relevant under laws such as the GDPR, UK GDPR, or certain U.S. state privacy laws.
• The deleted wording also stated that browsing constituted consent. That approach may itself be inadequate in jurisdictions requiring affirmative consent, so removal could either reduce or increase risk depending on what replacement notice or consent mechanism exists elsewhere.

3. AI-model training and customer data

• No express change concerning the use of customer data to train AI models was identified.
• The diff does not add, remove, or modify language addressing:
• Training, fine-tuning, or improving AI models;
• Use of customer content or personal data by AI providers;
• Human review or model outputs;
• Opt-out rights or restrictions on AI training.

4. Other textual issue

The remaining text appears concatenated:

> “Rental GuideInvestor Resource CenterReal Estate Investing Guide - 2026 Mashvisor. All rights reserved”

This may reflect a formatting or website-rendering problem rather than a substantive legal change. Nevertheless, it could make the copyright and site-navigation information less clear to users.

Summary of Changes

Available Information

The diff states only that approximately 41 words were removed from the document. The actual deleted language is not provided.

Customer Data and AI Training

• No determination can be made about whether the changes affect the use of customer data to train, fine-tune, evaluate, or improve AI models.
• The removed text could potentially have addressed:
• Whether customer data may be used for model training or product improvement;
• Whether data is used in aggregated, de-identified, or identifiable form;
• Whether customer content is retained after termination;
• Whether the customer can opt out of AI training;
• Confidentiality, security, or ownership protections;
• Use of inputs, outputs, prompts, or usage data; or
• Disclosure to affiliates, vendors, or AI service providers.

Potential Legal Risk

Because the deleted wording is unavailable, it is not possible to assess whether the amendment:

• Expands or restricts the provider’s rights to use customer data;
• Removes an important customer protection or consent requirement;
• Changes the provider’s ability to use data for AI training;
• Creates ambiguity about ownership, confidentiality, or permitted purposes; or
• Reduces transparency regarding data retention and deletion.

Recommended Next Step

Obtain the exact 41 deleted words, preferably with the surrounding provision and any replacement text. The impact cannot be reliably analyzed from the deletion count alone.

Summary

The provided diff states only: “Added approximately 79 words to the document.” It does not include the actual added, deleted, or replaced contract language.

Key Findings

• No substantive contractual changes can be identified from the information provided.
• No changes concerning customer data, AI training, machine learning, model improvement, or data retention can be assessed.
• The statement that approximately 79 words were added does not reveal:
• What rights the provider receives in customer data;
• Whether customer data may be used to train or improve AI models;
• Whether data is anonymized, aggregated, or shared with third parties;
• Whether the customer can opt out of AI training;
• How long data is retained or how deletion requests are handled; or
• Whether confidential, personal, or regulated data may be used.

Risk Assessment

No specific legal risk can be evaluated without the actual revised language. The added wording could be material even if it is only approximately 79 words, particularly if it changes data-use permissions, confidentiality obligations, intellectual-property ownership, or the provider’s ability to use customer content for AI development.

Information Needed

Please provide the actual diff, including the text shown in:

• {additions};
• [deletions]; and
• []{replacements}.

Without that text, it is not possible to determine whether the contract authorizes customer data to train AI models or creates related privacy, confidentiality, intellectual-property, or compliance risks.

Summary of Important Changes

1. New Google Sign-In and Google Data Terms

The revised terms add a detailed section governing Google authentication and Google account information. Mashvisor may access:

• User name
• Email address
• Google account identifier

The stated uses include account authentication, account administration, displaying basic profile information, and service-related or optional marketing communications.

Mashvisor states that it:

• Does not access sensitive Google data such as contacts, calendar data, or files unless expressly authorized;
• Does not use Google data for advertising targeting; and
• Does not sell or rent Google data.

Limited sharing with service providers—such as email, hosting, and customer-communications vendors—is permitted, subject to contractual protections.

2. Google Data Storage, Deletion, and Compliance

The new provisions state that Google-derived data is stored using “industry-standard” security practices and retained only as long as necessary to provide services or comply with law.

Users may request account and associated-data deletion. Mashvisor promises deletion within 30 days, except where legal retention is required.

The terms also expressly incorporate Google’s API Services User Data Policy and its “Limited Use” requirements. Google data may be used only to provide or improve user-facing features and generally may not be transferred to third parties except as necessary to provide those services.

Risk/observation: “Improve user-facing features” is broad and could potentially include analytics, product development, or machine-learning functionality. However, the new language does not expressly authorize training AI models, using Google data to train general-purpose models, or retaining Google data in model weights. Any such use would need to be assessed against Google’s Limited Use requirements and the Privacy Policy.

3. Broad License for User Submissions

The terms confirm or clarify that users grant Mashvisor a perpetual, unlimited right to use, reproduce, modify, and otherwise exploit submitted content, including feedback, reviews, comments, photos, and other materials. Submissions may be shared with Mashvisor partners and customers, including real-estate agents.

Risk: This is a very broad, effectively irrevocable license. It may allow long-term commercial reuse of submitted content after account closure. Users should not submit confidential information, trade secrets, personal information, or material subject to third-party restrictions.

4. AI-Training Implications

No provision expressly states that customer data, Google data, account data, or Submissions will be used to train AI or machine-learning models.

Nevertheless:

• The “unlimited” Submission license could arguably be broad enough to cover data processing or model development, depending on the wording of related Privacy Policy provisions.
• The Google-data “improvement” language should not automatically be treated as permission for AI training, particularly given the express Google Limited Use obligations.
• The terms do not explain whether de-identified, aggregated, or derived data may be used for AI training.

5. Other Changes

Most remaining changes appear to be formatting, punctuation, heading, and spacing corrections. The agreement continues to include broad disclaimers, indemnification obligations, arbitration, no-refund terms, and limitations of liability.

Summary of Important Changes

1. Permitted use is reframed and potentially narrowed

The permitted-use language changes from information being intended for the Registrant’s:

• “personal, non-commercial use”; and
• use related to a “bona fide interest in the research of real estate investments of the type being offered through Mashvisor”

to language emphasizing that the information is intended for research into real estate investments of the type offered through Mashvisor.

Potential risk: The revised wording may be interpreted as limiting use to research concerning investment products or opportunities offered through Mashvisor, rather than allowing broader personal, non-commercial use. Activities outside that purpose—such as general market research, sharing with advisers, or use in a separate business—could potentially violate the Terms.

2. Non-copying and redistribution restriction is made more prominent

The revised text states that the Registrant:

> “will not copy, redistribute, or retransmit any” information provided

except in connection with considering the purchase or sale of an individual property.

This restriction appears to replace or reorganize the prior language concerning the Registrant’s bona fide investment interest.

Potential risk: The prohibition is broad and may cover downloading, reproducing, forwarding, exporting, or incorporating Mashvisor data into another database, report, software tool, or commercial service. The exception is limited to evaluating the purchase or sale of an individual property, which may not cover portfolio analysis or sharing data with third-party professionals.

3. Individual-property limitation remains or becomes clearer

Permitted use is tied to the Registrant’s consideration of the purchase or sale of an individual property.

Potential risk: Use for multiple-property analysis, portfolio management, investment-fund activities, or institutional research may not be authorized unless separately permitted.

4. MLS ownership and copyright language retained

The Terms continue to acknowledge the MLS’s ownership of, and copyright in, the MLS database.

Potential risk: Users may face separate intellectual-property restrictions imposed by MLS providers, in addition to Mashvisor’s contractual restrictions. The text also indicates that the Terms of Use Agreement may not impose a financial obligation on the user, although the surrounding context is incomplete.

5. Disclaimers and formatting changes

The diff makes minor punctuation, spacing, and formatting changes. The existing investment disclaimers remain, including that projections are not actual results, depend on significant assumptions, and are provided “AS IS” without warranties.

AI Training and Data Use

No language in the provided diff expressly authorizes or restricts:

• using customer or Registrant data to train AI models;
• using Mashvisor data to train, fine-tune, or evaluate machine-learning systems;
• submitting data to generative-AI tools; or
• using user prompts, inputs, or outputs for AI training.

Accordingly, the diff does not appear to introduce a new AI-training right. However, the broad prohibitions on copying, redistributing, or retransmitting information could indirectly restrict uploading Mashvisor data to an AI system or using it in an AI workflow.