Terms of service (draft)
This page outlines the topics JMT's terms of service will cover. It is not yet a binding agreement.
Last updated: Pending counsel review
Draft — pending legal counsel review
This page is a draft and pending legal counsel review. Final terms will be published before commercial launch. For binding terms in the meantime, please contact JMT support.
1.Platform role
Will describe JMT as the operator of a verified marketplace and intermediary between buyers and sellers of Japanese used machinery, trucks, and refurbished units.
2.Seller listings
Will cover what sellers represent when they publish a listing, accuracy expectations for specs and photos, and how condition disclosures should be made.
3.Buyer inquiries and quotations
Will explain how inquiries route through JMT, how quotations are confirmed, and that JMT mediates the inquiry channel until a quotation is accepted.
4.JMT-managed transaction process
Will describe the lifecycle from quotation acceptance to completion, including the order of states and what each role does at each step.
5.Payment protection
Will describe JMT's role as the recipient of buyer payment, that funds are held by JMT prior to release, and that release is conditioned on B/L verification. The legal characterisation of this payment-protection mechanism is pending counsel review; the final wording will be published with the final terms.
6.B/L confirmation
Will describe the role of the Bill of Lading in the lifecycle, the chassis cross-check JMT performs, and the effect of a verified B/L on seller payout eligibility.
7.Seller payout process
Will describe the conditions under which seller payout is dispatched, the separation-of-duties pattern between recording and releasing, and the system-of-record nature of the payout marker.
8.Fees
Will set out platform fees, listing credits, and any seller-side billing. The published fee schedule will live alongside this section.
9.Prohibited activity
Will set out activity prohibited on the platform, including misrepresentation of listings, attempts to bypass JMT mediation, sanctions evasion, and disclosure of buyer contact information by sellers.
10.Disputes
Will describe JMT's role when a transaction is disputed, the information JMT uses to investigate (audit trail, documents, status history), and how outcomes are recorded.
11.Limitation note
Will frame the scope and limits of JMT's role. JMT does not act as an inspection company, does not guarantee mechanical condition beyond seller disclosure, and does not provide legal advice on destination-country import compliance.
12.Contact
Will set out how parties contact JMT for clarifications about these terms.