Domain Purchase Agreement Template
- Posted on September 17, 2021
- in Uncategorized
- by admin
The provisions of this Agreement ensure that the domain name is transferred to buyer only when seller has received payment or payment is made securely in trust. Additional provisions are provided to cover the transfer of related rights or goods, such as registered trademarks, which may be so closely related to the domain name that they are useless without it. Not all domain name sales guarantee a written domain name sales agreement. Circumstances in which a formal written agreement may be justified include: the clause on the obligations of the licensee, as amended, provides for the obligation not to use the domain name illegally, as well as the compensation granted to the licensor in the event of unlawful use or loss of the domain name due to the licensee`s failure. the contracts are insurance policies; You`ll never need it until a deal heads south. When a market goes south, it`s too late and people tend to be unreasonable. So, to repeat Elliot`s comments, spend a few hours with a good domain lawyer. He should be able to provide you with a purchase form and a sale form, and especially to explain how it works. You can then use the basic forms and limit the interaction with the lawyer to specific questions or unique transactions.. . .