Why do I need a terms of service statement?
Technically, you don’t need a terms of service statement. It’s not required by law, but it’s generally wise to include one on your site to cover the expectations and agreements between you and your users. Some organisations may even request you make one available before you can enter into a relationship with them.
Most of the time, site owners and users behave in a fair and reasonable fashion, making your terms & conditions info redundant. However, in unusual circumstances, such as those involving abuse, intellectual property theft or unlawful behaviour, your website terms can offer basic protections for you and your business by limiting your liability and clarifying your rights over the content you publish.