Last Updated: August 15, 2026
Please read these Terms of Use and Legal Disclaimer (“Terms”) carefully before downloading, installing, or using the Artventory desktop application (“Application”). By installing or using the Application, you agree to be bound by these Terms. If you do not agree to these Terms, do not install or use the Application.
1. License and Scope of Use
Artventory grants you a personal, non-exclusive, non-transferable, and revocable license to install and use the Application on compatible devices for your personal or internal business inventory management purposes.
2. Local Data Storage and User Responsibility
- Local Storage: Artventory operates primarily as a local application. Your artwork data, inventory records, sales details, client contacts, and image files are stored locally on your own computer or connected local storage devices.
- Data Protection & Backups: You are solely responsible for securing, backing up, and preserving your data. Artventory does not maintain cloud backups of your local databases or assets unless explicitly configured through an integrated third-party cloud service.
- Data Loss: Artventory shall not be held liable for any loss, corruption, or unintentional deletion of your artwork records, image files, or business data resulting from system crashes, hardware failures, improper application closure, or user error.
3. Software Provided “As-Is”
The Application is provided on an “AS IS” and “AS AVAILABLE” basis, without warranties of any kind, whether express, implied, or statutory. To the maximum extent permitted by applicable law, Artventory explicitly disclaims all warranties, including but not limited to:
- Implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
- Guarantees that the Application will function uninterrupted, error-free, or completely secure.
- Accuracy or completeness of any financial, tax, or valuation reports generated by the Application.
4. Valuation, Financial, and Legal Disclaimer
- No Financial or Legal Advice: Reports, summaries, or valuation outputs generated by Artventory are for organizational and informational purposes only. They do not constitute official accounting, tax, legal, or appraisal advice.
- User Verification: You are responsible for verifying all pricing, tax rates, sales numbers, and inventory valuations before submitting data for tax filings, insurance claims, or legal contracts.
5. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL ARTVENTORY, ITS DEVELOPER, OR AFFILIATED ENTITIES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, regardless of the cause, including without limitation:
- Loss of business, profits, revenue, data or business opportunities.
- Loss or corruption of data, goodwill, or artwork inventory records.
- Work stoppage, computer failure, or system malfunction.
Under no circumstances shall the total aggregate liability arising out of or related to your use of the Application exceed the actual amount paid by you for the Application license, or $50 USD, whichever is lower.
Our liability is capped to ensure financial stability proportional to the fees you pay.
Our total aggregate liability for any and all claims arising out of or relating to this Agreement or the Service shall be strictly limited to the total fees you paid us in the twelve (12) months preceding the claim.
6. Intellectual Property
All rights, titles, and interests in and to the Application, including but not limited to software code, design elements, visual interfaces, icons, graphics, and documentation, are and will remain the exclusive property of Artventory and its licensors. You retain full ownership of all data and original content you import into the Application.
7. Updates and Modifications
We reserve the right to modify, update, or discontinue the Application or these Terms at any time. Continued use of the Application following any updates signifies your acceptance of the modified Terms.
We will provide notice of material changes through our Services or via email. For material changes (e.g., changes to liability caps or arbitration clauses), your continued use of the Application after the effective date of the change constitutes your acceptance of the updated Terms. We may require you to affirmatively accept the updated agreement (clickwrap) before you can continue to use the Service.
8. Governing Law and Dispute Resolution
8.1 Governing Law and Venue
This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois, county of Lake, without regard to principles of conflicts of laws. You agree to submit to the exclusive jurisdiction of the State and Federal courts in Lake County, Illinois in connection with any proceeding or dispute arising in connection herewith.
8.2 Mandatory Binding Arbitration and Class Action Waiver
You agree that all claims arising out of or relating to this Agreement or your use of the Services shall be finally settled by binding arbitration. You expressly waive any right to participate in a class action lawsuit or class action arbitration. This limits each party to arbitrating individual claims.