Terms and Conditions
This Agreement was last modified on 09/28/2022.
The following Terms and Conditions apply to the rental of your Facebook advertising account and by enrolling in our program you agree to be bound thereby
Schedule. Setup. Profit.It is that Simple!!
Definitions:
Rental:
the rental of your Facebook advertising account to which these Terms and Conditions apply. ”
Program:
WeRentSocialMedia Program (AKA Program), their respective agents, subcontractors, officers, directors and employees.
Applicant or Owner:
the person who provided the Facebook advertising account that is being rented.
Ad Account:
the Facebook advertising account that is being rented.
Account Setup:
the process of setting up the Facebook advertising account that will be rented.
Computer:
the computer on which we will conduct our activities.
Setup Fee:
the amount paid to the account owner for a successful account setup.
Monthly Payment:
the amount paid to the account owner at the end of each month their account is in use.
Account Administrator:
the person actively managing the Ad Account on behalf of FB Account Program and who will be added to oversee the Ad
account.
Referral Fee:
the amount paid to someone for referring another Advertising Account Owner for a successful Account Setup.
Page Administrator:
adding an Account Administrator as an administrator to the Facebook page created on Owners Ad Account.
Ad Account Administrator:
adding an Account Administrator as an administrator to the Facebook Ad Account on Owners Ad Account.
Facebook Page:
the Facebook page created using Owner’s account.
Advertisement:
the advertisements created by FB Account Program on Owners account.
Payment Method:
the credit card or payment method FB Account Program will use to pay for advertisements on Owners Ad Account.
Standby List:
List of verified accounts that have yet to be used for advertising.
Active List:
List of verified accounts that are actively being used for advertising.
Privacy:
We will not sell, transfer, or make public your account credentials or personal information. Any communication and documents received will be held in confidence, and will never be disseminated, sold, or given to anyone.
We will not sell, transfer, or make public your account credentials or personal information. Any communication and documents received will be held in confidence, and will never be disseminated, sold, or given to anyone.
Promise of Ownership:
The Owner guarantees and warrants that they are the legal owner of the Ad Account and they are the only person with access. Furthermore the Owner guarantees and warrants and that there is no wrongdoing in creating or acquiring the account. Furthermore Owner guarantees and warrants that they do not need or depend on the ability to advertise on Facebook.
Indemnification:
Owner agrees to indemnify WeRentSocialMedia Program if they have in any way violated the Promise of Ownership clause.
Program Structure:
Reserve List Placement:
If there are no available spots on the active list yet the applicant qualifies as outlined in the Program Structure section. The applicant will then have to wait until an active spot is available. At that time, the applicant will be notified that they are being placed on the active list. Assuming they meet the criteria outlined in the Active List section, the applicant's account will then become active. The movement from the Reserve List to the Active List is on a first come first serve basis.
Active List Placement:
Accounts on the active list are determined by the following criteria:
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There is a spot available on the active list. Currently there are 10 available spots.
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At least one (1) business manager was able to be created.
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A fan page has been created.
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At least one (1) ad account has been created.
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A likes campaign has been approved.
The above criteria is predicated on the fact that login information provided is still valid at the time of activation. Any change to login information before or during activation will result in removal from the active list.
Once an applicant is on the active list, they will be paid an additional one time activation fee payment, and qualify for the profit sharing as outlined in the Payment section. Maximum available spots on the active list may change at the sole discretion of WeRentSocialMedia.
If the profile, ad accounts, or business managers are disabled, the owner will be notified via email with subject heading “Facebook Action Requested” or “(URGENT) Facebook Action Required”. The subject heading “(URGENT) Facebook Action Required” will be used and owner will have 10 business days from the initial email to respond with intent to dispute if:
- Profile is disabled.
- All ad accounts in business managers have been disabled, typically 2 business managers per profile.
- All business managers have been disabled, typically 2 business managers per profile.
If account dispute is not settled within 30 days after intent to dispute is received, then the owner will be placed at the bottom of the reserve list and remain there until profile, ad account, or business manager is enabled. If the account is not enabled after 30 days of being placed back on the reserve list, the rental will be terminated as outlined in the Termination of Account Rental section of this page.
“Facebook Action Requested” subject line is used if an ad account or business manager is disabled, but we are still able to advertise on the owner's second business manager or additional ad accounts. Action is recommended but not required, and the owner will remain on the active list.
Payment:
WeRentSocialMedia Program will pay the Owner the Setup Fee of $25 USD once the initial screening call is done and login credentials are verified. An additional $25 USD activation fee will be paid out once an agent is able to successfully log into the business manager, setup a fanpage, and setup a likes campaign.
WeRentSocialMedia Program implements a profit sharing model. We pay 1% of net profits between $2500 USD and $200,000 generated via the Owners account, and a flat rate of $2500 USD for net profits exceeding $200,000 on the 1st business day of each month. See payment chart below for detailed breakdown.
If the payment day lands on a weekend or holiday, payment will be sent on the following business day. WeRentSocialMedia Program will not pay for an Ad Account that is not successful in the Account Setup process outlined in the program structure section of this page.
Payment Chart
Net Profit: $0-$2499 USD
Payout: $0 USD
Net Profit: $2500 - $200,000 USD
Payout: 1% of Net Profit (i.e. $25 USD - $2000 USD)
Net Profit: > $200,000 USD
Payout: $2500 USD
Referral Program:
A payment of $25 USD will be issued for each referral resulting in a successful account setup as outlined in the program structure section of this page.
Payment Schedule:
All payments are issued on the 1st business day of the month. WeRentSocialMedia Program will not pay for an Ad Account that is not successful in the account setup process.
Method of Payment:
WeRentSocialMedia Program will send all payments by PayPal.
Termination of Account Rental:
Rental period shall end on the day that the ad account is no longer in use. WeRentSocialMedia Program at its sole discretion may decide that it no longer requires the account and can discontinue the Rental period. The Rental will also be terminated, if the Ad Account is deactivated by either Owner. Rental period will also terminate if there is a material breach of these Terms.
If all ad accounts are disabled, all business managers are disabled, or profile is disabled by Facebook, the owner has to respond as detailed in the active list section of this page, or rental will be terminated.
Once rental is terminated, our payment methods will be canceled, and the owner will be responsible for any future payments that occur beyond the time of account termination.
Material Breach:
The following will be considered a material breach. In the event of a material breach WeRentSocialMedia Program will not be responsible for paying any future payments.
- Changing Account login credentials during the term of use by WeRentSocialMedia Program
- Logging into Account from any device that has not been used prior to the beginning of the Rental period.
- Pausing, stopping, changing, or interfering in any way with WeRentSocialMedia Program’s advertisements.
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Deleting or removing WeRentSocialMedia Program Account Administrator from the Facebook Page.
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Deleting or removing WeRentSocialMedia Program Account Administrator from the Ad Account Administrator role.
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Using WeRentSocialMedia Program’s payment method for any purpose other than to pay for Advertisements created by WeRentSocialMedia Program.
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Letting any other person or company access or use an Ad Account.
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Logging into Facebook with a desktop or laptop from a new location that has not been logged in from previous to this Rental period.
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Logging in to Facebook Ads Manager for any reason.
Payment for Ads:
We will use our own card or account to pay for ads. Owner of the account is in no way responsible for the payment of ads for the duration of the rental period.
Payment methods will be canceled upon rental Termination. The owner will then be responsible for any payments to facebook that occur after removal from the program.
Intellectual Property:
The Site and its original content, features and functionality are owned by us and are protected by international copyright, trademark, patent, trade secret and other intellectual property or proprietary rights laws.
Links To Other Sites:
Our Site may contain links to third-party sites that are not owned or controlled by us.
The Site has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party sites or services. We strongly advise you to read the terms and conditions and privacy policy of any third-party site that you visit.
Governing Law:
This Agreement (and any further rules, policies, or guidelines incorporated by reference) shall be governed and construed in accordance with the laws of Pennsylvania, United States, without giving effect to any principles of conflicts of law.
Changes To This Agreement:
We reserve the right, at our sole discretion, to modify or replace these Terms of Service by posting the updated terms on the Site. Your continued use of the Site after any such changes constitutes your acceptance of the new Terms of Service.
Please review this Agreement periodically for changes. If you do not agree to any of this Agreement or any changes to this Agreement, do not use, access or continue to access the Site or discontinue any use of the Site immediately.
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