Having a solid Terms of Service for your website is crucial. While this is easily the dullest page on your website - it's the one page that can save you a ton of legal headache in the future.
A well developed Terms of Service will set out 4 key areas:
- Limiting your liability: You’ll want to have some kind of disclaimer aimed at limiting your liability in cases where there are errors in your web content. This will be some kind of clause that says you can’t be held responsible for any errors in content or that the information provided is accurate, complete, or suitable for any purpose.
- Copyright: Regardless of what your website does, you should always include a notice about copyright and trademark. For example, “Copyright©2014. Your website.com.”
- Set the governing law: Your Terms and Conditions should also mention where your website is operating from in terms of the governing law (state/province and country). For example, “These terms and conditions are governed by the laws of the United States of America and the laws of the State of California.”