Secure & Encrypted Processing

Privacy Policy

How we collect, use, and protect your personal information

Last updated: October 15, 2023

1. Introduction

Royalty Assignment Portal ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our royalty assignment services.

Scope: This policy applies to all users of our Service, including spouses and fiancé(e)s completing royalty assignment agreements. By using our Service, you consent to the data practices described in this policy.

2. Information We Collect

We collect several types of information from and about users of our Service:

Personal Identification Information

  • Full legal name
  • Contact information (email address, phone number)
  • Residential address
  • Date of birth
  • Employment status and income information

Financial Information

  • Bank account details (account number, routing number)
  • Bank name and account type
  • Payment processing information

Technical Information

  • IP address and browser type
  • Device information
  • Usage data and website interaction information

Legal Documentation

  • Signed agreements and related documents
  • Communication records related to your agreement

3. How We Use Your Information

We use the information we collect for the following purposes:

Purpose Information Used Legal Basis
Process royalty assignment agreements Personal, financial, and employment information Contractual necessity
Facilitate royalty payments Bank account details Contractual necessity
Customer service and support Contact information and communication history Legitimate interests
Legal compliance and fraud prevention All collected information as required Legal obligation
Service improvement Technical and usage data Legitimate interests

4. How We Share Your Information

We do not sell your personal information. We may share your information in the following circumstances:

Service Providers

We may share your information with third-party vendors who provide services on our behalf, such as:

  • Payment processors
  • Document storage and management services
  • Customer support platforms
  • IT and infrastructure services

Legal Requirements

We may disclose your information if required to do so by law or in response to valid requests by public authorities.

Business Transfers

In the event of a merger, acquisition, or sale of all or a portion of our assets, your information may be transferred as part of that transaction.

Limited Sharing: We only share the minimum necessary information required for the specific purpose and require all third parties to respect the security of your data and treat it in accordance with the law.

5. Data Security

We implement appropriate technical and organizational security measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction. These measures include:

  • Encryption of sensitive data in transit and at rest
  • Regular security assessments and testing
  • Access controls and authentication mechanisms
  • Secure data storage facilities
  • Employee training on data protection

While we strive to use commercially acceptable means to protect your personal information, no method of transmission over the Internet or electronic storage is 100% secure. We cannot guarantee absolute security.

6. Data Retention

We retain your personal information only for as long as necessary to fulfill the purposes for which we collected it, including for the purposes of satisfying any legal, accounting, or reporting requirements.

Typically, we retain agreement-related information for a minimum of 7 years after the termination of the agreement to comply with legal obligations. Technical data may be retained for shorter periods.

When we no longer need to retain your information, we will securely delete or anonymize it.

7. Your Data Protection Rights

Depending on your location, you may have the following rights regarding your personal information:

Access and Portability

You have the right to request copies of your personal information and to receive it in a structured, commonly used format.

Rectification

You have the right to request that we correct any information you believe is inaccurate or complete information you believe is incomplete.

Erasure

You have the right to request that we erase your personal information, under certain conditions.

Restriction of Processing

You have the right to request that we restrict the processing of your personal information, under certain conditions.

Objection to Processing

You have the right to object to our processing of your personal information, under certain conditions.

Withdraw Consent

Where we rely on consent to process your personal information, you have the right to withdraw that consent at any time.

To exercise any of these rights, please contact us using the information provided in Section 10.

8. Cookies and Tracking Technologies

We use cookies and similar tracking technologies to track activity on our Service and hold certain information. Cookies are files with a small amount of data which may include an anonymous unique identifier.

You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some portions of our Service.

9. International Data Transfers

Your information, including personal data, may be transferred to — and maintained on — computers located outside of your state, province, country, or other governmental jurisdiction where the data protection laws may differ from those of your jurisdiction.

We will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy.

10. Children's Privacy

Our Service does not address anyone under the age of 18 ("Children"). We do not knowingly collect personally identifiable information from anyone under the age of 18. If you are a parent or guardian and you are aware that your Child has provided us with personal data, please contact us.

11. Changes to This Privacy Policy

We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last updated" date.

We will let you know via email and/or a prominent notice on our Service prior to the change becoming effective and update the "effective date" at the top of this Privacy Policy.

You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.

12. Contact Us

If you have any questions about this Privacy Policy or our data practices, please contact us:

  • By email: privacy@royaltyassignmentportal.com
  • By mail: Royalty Assignment Portal Privacy Office, 123 Business Ave, Suite 500, Wilmington, DE 19801
  • By phone: (888) 555-ROYALTY (888-555-7692589)

For data protection requests, please include "Data Protection Request" in your subject line and provide sufficient information to identify you and process your request.