As an M-RETS user, you have the right to know how we collect, use, and share your personal information. At M-RETS, we take your privacy seriously, and we have recently updated our Privacy Policy to provide you with more transparency and clarity. This serves as an important notice to inform you of the changes we have made and what they mean for you. We invite you to read on to learn more about the changes that may affect you and your use of our website.
Summary of Changes to the M-RETS Privacy Policy
1. Clearer language in the Privacy Policy:
We have made several grammatical changes to clarify the existing language in our Privacy Policy. These changes aim to improve the readability and accessibility of our policy, making it easier for you to understand your rights and how we use your data.
2. Updates to the Terms of Use (TOU):
We have also made several grammatical changes that make it clear that by using the site or our services, you are bound by both the TOU and the Privacy Policy. This is an important update as it strengthens our commitment to protecting your privacy and ensuring that you are aware of the terms governing your use of our website.
3. Clarification on linking to third-party sites:
We have clarified the expectations of M-RETS when linking to third-party sites. This is especially pertinent in cases where the M-RETS application links out to Compliance and Voluntary Program sites directly. Our aim is to ensure that your personal data is protected even when you visit sites that M-RETS does not control.
4. Governmental audits and disclosure of your login credentials:
We have made changes to our policy to address governmental audits and disclosure of your login credentials and logs related to their access of the site. Our priority is to protect your personal information, and we take every precaution to ensure that your data is only accessed by authorized personnel.
5. Use of third-party companies:
The updated language addresses using other companies and individuals to perform business functions on our behalf and ensures that they will be provided personal data only where necessary. Our contracts with them will be at least as protective as we will. This change is especially relevant to our Identity verification and fraud protection service: Plaid and other third-party providers may use it in the future.
6. Updates to the potential for selling, reorganizing, or restructuring the business:
We have added a section that talks about the potential for selling, reorganizing, or restructuring the business and needing to potentially disclose personal information in those transactions. While we do not have any plans to sell or restructure our business, we want to be transparent about the possibility of these changes and how they may impact your data protection rights.
7. Removal of limitations section:
We have removed a section on limitations at the end of our Privacy Policy because it was not entirely accurate. At M-RETS, we have a duty to abide by our privacy policy, as users are acting in reliance on it. The M-RETS TOU already contains these clauses.
Conclusion:
In conclusion, we hope that this notice has provided you with a clear understanding of the changes we have made to our Privacy Policy. We value your privacy and take great care to ensure that your personal information is protected at all times. By making these updates, we aim to provide you with more transparency and clarity around how we collect, use, and share your data. If you have any questions or concerns, please do not hesitate to contact us. We appreciate your trust in us as a website and look forward to continuing to serve you in the future.
