Kreation Studio Designs

Kreation Studio Designs (Pty) Ltd Website Ownership Until Paid in Full Statement

Effective Date: 30-10-2017

This Website Ownership Until Paid in Full Statement (“Statement”) outlines the terms and conditions governing the ownership of websites developed by Kreation Studio Designs (Pty) Ltd until full payment has been received. By engaging with Kreation Studio Designs (Pty) Ltd for website development services, you agree to adhere to the following terms:

1. Ownership: a. Until full payment is received for the website development services provided by Kreation Studio Designs (Pty) Ltd, the ownership of the developed website, including all design elements, source code, and intellectual property, remains the sole property of Kreation Studio Designs (Pty) Ltd.

2. License for Unpaid Websites: a. The client is granted a non-exclusive, revocable license to use the website for the purpose intended while full payment is pending. b. This license does not grant the client the right to transfer, sell, or otherwise distribute the website or its components.

3. Payment Terms: a. The client agrees to make timely payments as outlined in the project agreement or invoice. b. Full ownership of the website will be transferred to the client upon receipt of the final and complete payment for the agreed-upon services.

4. Transfer of Ownership: a. Upon receipt of full payment, Kreation Studio Designs (Pty) Ltd will transfer ownership of the website and all related assets to the client. b. The transfer may include but is not limited to the website files, source code, design elements, and any other materials relevant to the development.

5. Withholding Transfer: a. Kreation Studio Designs (Pty) Ltd reserves the right to withhold the transfer of ownership until full payment is received. b. In the event of non-payment, Kreation Studio Designs (Pty) Ltd may take appropriate legal action to recover the outstanding balance.

6. Usage Rights: a. Kreation Studio Designs (Pty) Ltd retains the right to showcase the completed website in its portfolio and marketing materials, even after ownership has been transferred to the client.

7. Termination of License: a. In the event of non-payment or breach of the terms outlined in this Statement, Kreation Studio Designs (Pty) Ltd reserves the right to terminate the client’s license to use the website.

By engaging with Kreation Studio Designs (Pty) Ltd, you acknowledge that you have read, understood, and agreed to this Website Ownership Until Paid in Full Statement. This statement is subject to change, and any updates will be communicated to clients in a timely manner.

If you have any questions or concerns regarding this statement, please contact us at hello@kreationstudio.co.za.

Thank you for choosing Kreation Studio Designs (Pty) Ltd for your website development needs.

By: Tiyani Mbhalati

Kreation Studio Designs (Pty) Ltd

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