Statute

I. General provisions

These principles set out the terms and conditions of short-term lease of fully furnished and fitted apartments which can be viewed on www.real4u.pl as well as their booking terms and conditions. Whenever in these regulations the following words are mentioned, then they mean as follows: owner of the apartments - means Jak¶-Bud sp. z o.o. limited partnership with the registered office in Poznan, at 5 Topolowa Street, entered in the commercial register KRS by the District Court Poznan-Nowe Miasto and Wilda in Poznan, VIII Economic Division, under entry no 0000297990, rent - it means the multiplication of the apartment daily price + VAT as set in the apartment description on www.real4u.pl by the number of rental days business days - mean days from Monday 8am to Friday 5 pm and which are not statutory, national Banking holiday Lease period is calculated per every 24 hours. The object of the lease constitutes entire apartments as presented on www.real4u.pl - irrespectively of the number of persons sharing the apartment. Apartments are to be leased on short-term basis and are not meant to satisfy the needs of permanent residence of the Lessees.

II. Scope of the Lease Agreement

1. A short-term Lease Agreement, concluded by and between the owner of the apartments and the Lessee, shall constitute a Lease Agreement in the meaning of the Act of 23 April 1964 of the Civil Code.

2. Provisions of the Act on the protection of tenants, housing resources of a commune and amendments to the Civil Code of 21 June 2001 shall not apply hereby.

3. The scope of this Agreement relates only and exclusively to the lease of an apartment. The owner of the apartments shall not render any additional services for the benefit of the Lessee. In particular the owner of the apartments shall not render for the benefit of the Lessee hotel services (including cleaning the rooms, luggage storage etc.), nor shall he render any transport, tourist or catering services.

III. Booking Conclusion of the Agreement

The following is required for the booking of the apartment: filling in by the Lessee the booking form placed on the web page www.real4u.pl, sending by the Lessee the filled in form to the email indicated on www.real4u.pl, e-mail confirmation of the apartments owner of the apartment booking dates and the number of persons, payment by the Lessee a deposit in the amount of 30% of the total rent price, as calculated in the e-mail specified above, onto the bank account specified therein within deadlines indicated in subparagraph 6 of this paragraph. Making a booking is the confirmation that the Lessee has read and acknowledged the provisions of these Regulations. The booking is deemed made when the account has been credited with the deposit referred to in subparagraph 2 (d) above. Making a booking constitutes the conclusion of the apartment lease agreement by and between the owner of the apartments and the Lessee under the terms and conditions specified in these Regulations. Confirmation of the booking, as specified in subparagraph 1(c) shall be received by the Lessee within 24 hours since the owner of the apartments has received a booking form. If the owner of the apartments shall receive the booking form outside the business days, the confirmation shall be sent within 24 hours of the following business day. If the confirmation of the booking is absolutely essential at the weekend or outside a business day, this information shall be passed to the representative of the apartments owner by telephone, the number of which is included in the web page www.real4u.pl. If the booking is not possible, the Lessee shall receive an e-mail with respective information. No confirmation of the booking, within the deadlines indicated in subparagraph 4 shall be deemed as a refusal to accept the booking. Deposit shall be paid within 24 hours since the receipt of the confirmation of the booking by the owner of the apartments. After making the booking and payment of the deposit, as specified above, the booking shall be effected and the Lessee shall receive an e-mail with the information that the deposit has been credited on the bank account of the owner of the apartments and with other information necessary for the realization of the stay. In exceptional situations, the apartments may be booked in a different manner than specified in subparagraph 1-7, after prior telephone consultations with the representative of the owner of the apartments and after the approval of the owner. In such a case, the Agreement is deemed concluded, with legal effects as specified in subparagraphs 2 and 3 in force the moment the Lessee has received a booking confirmation, sent by the owner of the apartments by e-mail or sms. In the case of opening the procedure to introduce changes in the booking specified in paragraph IV, an e-mail shall be sent for the annulment of the booking and the amended booking form shall be sent as well. Further procedure shall follow the provisions of this paragraph.

IV. Changes in the booking - annulment and reduction of the lease period

Changes in the booking may consist in changing the lease dates or period or in changing the booked apartment for another. Changes in the booking are made as follows: the previous booking is annulled, the new booking shall be made as specified in paragraph III, the deposit paid under the previous booking shall be applied towards the deposit payable under the current booking. If the rent under the new booking is higher than previously, the Lessee is obliged to pay the outstanding part of the deposit under the pain of effects specified in paragraph III. If the rent is lower than previously calculated, the overpaid part of the deposit shall not be returned but shall be applied towards the total rent. The owner of the apartments shall approve of the changes in the booking if possible. Should the requested changes prove impossible to introduce in whole or part, changes in the booking shall be deemed as the annulment of the booking or reduction of the lease period. The Lessee is obliged to inform the owner of the apartments about the annulment of the booking or the reduction of the lease period forthwith by e-mail or telephone. In the case where the annulment of the booking shall result from reasons concerning the Lessee, it shall take place not later than 21 (twenty one) days before the scheduled arrival date, the deposit paid shall be returned within 7 (seven) days from the day the owner of the apartments has received the annulment of the booking, later than 21 (twenty one) days before the scheduled arrival date but at least 14 (fourteen) days before the scheduled arrival date, the owner of the apartments shall be entitled to retain 50% of the deposit, the remaining 50% shall be returned within 7 (seven) days from the day the owner of the apartments has received the annulment of the booking, later than 14 (fourteen) days before the scheduled arrival date - the owner of the apartments shall be entitled to retain the entire sum of the deposit; on the scheduled arrival date - the owner of the apartments shall be entitled to retain the entire sum of the deposit and (provided the sum is not covered by the deposit) to claim the payment for the first day of the planned stay. If the booking is not annulled or if it is annulled later than on the scheduled arrival date - the Lessee shall be obliged to pay the entire rent following the booking he/she has made. The above provisions shall also apply respectively to changes in the booking consisting in the reduction of the booking period with the reservation that the paid deposit is not to be returned within the scope resulting from the reduced lease period where the rent shall be equal or exceeding the sum of the deposit paid. Moreover, in any case, the Lessee is obliged to pay the total rent for the period of his/her actual stay, and in the case he/she has not informed the owner of the apartments about the reduction of the lessee period on the scheduled arrival date at the latest, he/she is obliged to pay the total rent following from the booking he/she has made. Changes in the booking consisting in the reduction of the number of apartments booked shall be deemed as the annulment of the booking of respective apartments. In the event, the apartment is used by a smaller number of people than specified in the description of the apartment placed on www.real4u.pl, this shall not affect the rent, which, in any case, is calculated per the whole apartment.

V. Arrival and collection of the keys.

1. The apartment shall be handed over to the Lessee on the first lease day not earlier than at 2 pm. The apartment may be handed over before 2 pm provided the owner of the apartments has granted his approval

2. Without prejudice to subparagraph 1, the Lessee is obliged to inform the owner of the apartments about the scheduled hour of arrival, one day prior to the scheduled day of arrival at the latest. The Lessee is obliged to inform the owner of the apartments if he/she is prevented from arriving at the set hour. The owner of the apartments shall bear no liability whatsoever with respect to the Lessee for any delays in the hand over of the apartment resulting from the lack of proper information concerning the arrival time.

3. The apartment shall be handed over on the basis of the identity card shown to the owner of the apartments in the following manner: the apartment will be presented to the Lessee, the Lessee will be instructed how to use the equipment, the keys to the apartment will be handed over to the Lessee.

4. Without prejudice to subparagraph 5 the apartment shall be handed over on the condition that the Lessee has paid the total rent against the invoice issued to him/her by the owner of the apartments.

5. The representative of the owner of the apartments may refuse to hand the keys over to persons under the influence of alcohol, drugs or to aggressive persons - posing a threat to other people or their property and also in the event when from the circumstances it follows that the Lessee intends to breach the provisions of these Regulations (e.g. when the number of persons intending to share the apartment exceeds the number of persons the apartment is designated for as specified in the description of the apartment or when an animal is intended to be taken into the apartment).

6. The Lessee is obliged to inform the representative of the owner of the apartments about any defects or shortcomings in the apartment.

VI. Duties of the Lessee

1. The maximum number of persons who may share one apartment is limited to the number set in the description of the apartment, placed on www.real4u.pl or agreed upon with the owner of the apartments.

2. Animals, smoking or using open fire are prohibited in the apartments.

3. The Lessee is obliged to observe the principles of good neighbourhood. In the apartments covered by house bylaws the Lessee is obliged to observe such bylaws.

4. Curfew in the apartments lasts from 10 pm to 6 am.

5. The Lessee is not permitted to sublet the apartment or give it in use to any third parties, even if the lease period has not elapsed yet.

6. The Lessee is not authorized, without any prior and written consent of the owner of the apartments, to make any repairs, outlays or changes in the apartment. The Lessee is obliged to forthwith inform the representative of the owner of the apartments about the necessary repairs or outlays. The Lessee is not authorized to claim the reimbursement of the outlays from the owner of the apartments unless otherwise is agreed by the parties

7. In the apartments with the alarm system installed the Lessee is obliged to turn it on (to activate the alarm) whenever he/she leaves the apartment. The Lessee shall bear full responsibility with respect to the owner of the apartments for any damage caused as a result of his/her defaulting on the above said duty.

8. The Lessee is obliged to maintain the apartment in good condition and return it in undeteriorated state, which in particular refers to leaving the dishes and the kitchen equipment clean before departure.

9. The Lessee is obliged to report any damage caused by him/her during his/her stay. The costs of the damage and its removal shall be borne by the Lessee. The owner of the apartments shall decide on the manner of redress. The Lessee shall bear full responsibility for any damage caused by the persons present in his/her apartment with his/her consent and knowledge.

10. The representative of the owner of the apartments is authorized to enter the apartment to remove the defect or to inspect whether the Lessee observes the provisions of these Regulations if there is a reasonable supposition that the Lessee might be breaching them. In the event when the Lessee is not in the apartment, the representative of the owner of the apartments shall contact him/her forthwith.

11. If any of the provisions of these Regulations are found breached, in particular the provisions of the subparagraph 1-8 of this paragraph, the owner of the apartments is entitled to terminate the Lease Agreement with immediate effect. Notwithstanding the above specified, in case of breaching subparagraph 1, 2,5 or 6 of this paragraph, the Lessee is obliged to pay the owner of the apartments a contractual penalty in the amount of 500 PLN per any breach.

12. The apartment shall be handed back on the last day of the lease period by noon. The hand over of the apartment later than by noon requires a prior, written consent of the owner of the apartment. The Lessee is obliged to agree upon the hour of the hand over of the apartment with the representative of the owner of the apartments.

13. Upon the expiry of the lease period, the keys shall be released to the person authorized by the owner of the apartments, who, at the same time, shall inspect the apartment in the presence of the Lessee.

14. If, after the expiry of the lease period, the apartment is not handed over, the Lessee is obliged to pay the owner of the apartments a contractual penalty in the amount equal the rent of a respective apartment as specified on www.real4u.pl, per each day after the expiry date of the lease period.

15. Should contractual penalty not cover the damage sustained by the owner of the apartments, he shall be entitled to claim supplementary damages

VII. Rent prices

1. Rent prices set in the description of respective apartments on www.real4u.pl include VAT

2. The rent price includes costs of media supply to the apartments (electricity, water, gas, sewage and waste disposal). No additional costs of the media supply are charged upon the Lessee.

3. The total rent can be calculated on www.real4u.pl.

4. The rent prices listed in the descriptions of the apartments may be changed and do not apply to peak tourist seasons such as: Easter, 1-3 May, Christmas, Corpus Christi or fair events organized at the International Fairs in Poznan.

VIII. Final Provisions

1. Contact data, including the e-mail address, telephone and fax number, of the representative of the owner of the apartments in order to arrange for the booking, hand over of the apartment and other is published on www.real4u.pl

2. Correspondence addressed to the Lessee may be addressed to his/her rented apartment.

3. In any disputes between the owner of the apartments and the Lessee the Polish law shall prevail.

4. Any disputes shall be settled by the court of proper jurisdiction for the registered office of the owner of the apartments