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Domain transfer contract

Discussion in 'General Board' started by benedict, Dec 18, 2007.

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  1. benedict

    benedict Member

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    Hi There,

    My company wants to buy a domain name from a private individual. I'm looking for a transfer contract to use as a template...

    Has anyone used a contract for a transfer before, I would be very gratefull if you could point me to a good source...

    Thanks!
    Benedict
     
  2. Domain Forum

    Acorn Domains Elite Member

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  3. retired_member6

    retired_member6 Banned

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    What do you need a contract for? just asking.
     
  4. benedict

    benedict Member

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    Hi,

    Need a contract to legally transfer ownership and recognize the compensation... a bill of sale.

    The owner is in USA we're in the UK.

    Benedict
     
  5. retired_member6

    retired_member6 Banned

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    No you don't, do transfer forms through nominet - link below, do a self raised invoice, job done, no contract required, if you're worried about payment, go through a broker, like escrow.com, they nick a bit of money but worth it, takes time though.

    If you want a contract, see fc domains or domainbrand, I think they've bothered with contracts before. I never have.

    http://www.nominet.org.uk/registrants/maintain/transfer/

    Cheers
    Lee
     
    Last edited: Dec 18, 2007
  6. benedict

    benedict Member

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    Does that work for a .com domain?
     
    Last edited: Dec 18, 2007
  7. retired_member6

    retired_member6 Banned

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    Well this is a uk centric domain forum, didn't realise you were talking about .com.

    A dot com is simple, and I'd do it through escrow.com if I was you, no paperwork needed, just raise an invoice, they transfer the .com to your account, you have to pay max £10 for the transfer in, don't go to one and one.com, whatever the seller suggests, then just follow proceadure for domain sales through escrow. Safest way.

    .com and uk are run by seperate entities, transfers are easier at .com level, they just need a code to transfer it and it's done online, you just need to make sure the money and domain transfer is safe, so I'd suggest a service liek escrow.com

    Also .coms are usually just for a year, check the expiry date and renew for five straight away if it's important to you, otherwise it may just drop and end up with the person who sold it to you again.

    Cheers
    Lee
     
  8. benedict

    benedict Member

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    Hey LeeOwen,

    I appreciate your help. Yes we're trying to get both .com .net and .uk address... it's the .com that I'm working on right now.

    I've a good relationship with the seller so escrow isnt necessary from our perspective. With a contract in place we're obligated to pay once the transfer has happened.

    I've seen a few transfer contracts around the web..

    Has anyone used one?

    Thanks Benedict
     
  9. mishmash

    mishmash Active Member

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    There is always a contract whenever a domain is bought. Usually though that contract is verbal, or the terms of the contract are present in emails, instant messages, forum posts and PMs etc. It can be useful to formalise the terms of the transfer in a specific contract document which superceeds and clarifies what has been discussed and writes down aspects which may have been areas where mis-assumptions on both sides could have occured.

    Mutual trust is important, and a contract without trust is not worth much.

    A contract can prevent mis-assumptions and ensure both sides know what is expected of them; this can help ensure that previously good relationships are not soured by a transaction.

    Personally I largely work without contracts, and find that contracts are only invoked when trust has broken down. If something is a large transaction though, and it is important to you it is worth doing your best to protect your own interests.

    You could try and find and download a contract from the web.
    You could approach a specialised company:
    http://hey.co.uk/domains/domain-services/domain_transfer_sale_contract.html
     
  10. retired_member3

    retired_member3 Retired Member

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    Is the contract just to make sure the payment/transfer goes through or is it to cover details???
    If it's just the sale then can you not just use sedo's escrow service? 1%

    Damn someone ban me I just endorsed sedo! :confused:
     
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