Domain Manage

Transpact revisited

Discussion in 'Selling Domain Names' started by diablo, Jul 10, 2016.

  1. diablo

    diablo Well-Known Member

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    Does anyone use Transpact on a regular basis for domain name transfers?

    I was going to offer it as standard for domain name sales because of the very low charges, but then didn't because of a few concerns.

    For example, when setting up a transpact, I see you are asked for:

    Conditions to be fulfilled for the payment to be made to the money Receiver or repaid to money Sender:

    If you regularly use Transpact, what conditions do you set?
     
    Last edited: Jul 10, 2016
  2. Domain Forum

    Acorn Domains Elite Member

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  3. Skinner

    Skinner Well-Known Member

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    I don't use it, but surely for .UK names it would change of Fixed Name A to Fixed Name B = Success and If said name change isn't made within Y time frame, return ?
     
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  4. bonusmedia United Kingdom

    bonusmedia Well-Known Member Exclusive Member

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    I've used them for a few big transactions. I didn't use legalese, just set out basic terms in plain english, e.g. the seller agrees to transfer the registration of domainname.co.uk at Nominet to buyer with email@address.com.

    There are a few transfer agreement templates freely available, mostly aimed at Americans but should do the job with a little editing http://www.domainsherpa.com/domain-name-purchase-sale-agreement/, or you could buy a UK template from http://uk.practicallaw.com/3-501-4514
     
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  5. diablo

    diablo Well-Known Member

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    Many thanks to you both.

    PracticalLaw link looks like its a subscription site for legal professionals, otherwise would have been an excellent resource.
     
  6. bonusmedia United Kingdom

    bonusmedia Well-Known Member Exclusive Member

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  7. admin Spain

    admin Administrator Staff Member

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    I have used transpact. They are very good, I don't know how they do it for the little they charge. Their patience with some setup niggles and their attention was excellent.
     
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