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What is access expiry?

Definition

Access expiry: An end date set on a user's, group's or document's access, after which the data room automatically blocks entry or locks the files.

How it works in a data room

When inviting a user or setting up a group, the administrator can choose a date and time after which access ends. Some providers allow expiry on individual folders or documents too, and when combined with protected downloads, expiry can also disable files already taken away, as with remote shred. The user typically receives a warning before the cutoff. Extending access is a quick change for the administrator, and every change is recorded in the activity log.

Why it matters in a deal

Processes have natural end points: a bid deadline, the end of an exclusivity period, closing. Access that outlives its purpose is a quiet risk, especially for advisers who move to other projects and forget the room exists. Expiry dates enforce the timetable without depending on someone remembering to remove dozens of accounts. They also give bidders a clear signal that a deadline is real. For long-running rooms, expiry is a sensible default for temporary contributors such as auditors or consultants.

Example

A real estate fund in Frankfurt grants a valuation firm access to a portfolio room for six weeks to prepare an appraisal. The administrator sets access to expire on the report due date. The firm asks for an extra four days, which takes a minute to approve, and access then ends without anyone having to remember. The Germany guide and our post on how long a data room stays open add context.

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