Lease renting out a domain name

[developdomainsdevelopdomains is verified member.]

I have a company who are interested in a domain name of mine, they dont want to pay the asking price but have asked if I would rent them the name.

I bought a domain name rental agreement form from compactlaw a while ago and the text looks pretty good, but has anyone else rented a name out and did they have any problems with the client trying the DRS route to get the name transferred to them etc.

any help/guidance appreciated.

cheers
Justin

 

[jhump]

I've rented a domain from someone in the past, I've not rented one out.

I am not a lawyer, but surely if someone rents something off you they are accepting your legal and rightful ownership of it, otherwise why would they rent it?

I'd be amazed if they could rent and then DRS. Then again, with Nominet anything is possible!

 

[developdomainsdevelopdomains is verified member.]

I've rented a domain from someone in the past, I've not rented one out.

I am not a lawyer, but surely if someone rents something off you they are accepting your legal and rightful ownership of it, otherwise why would they rent it?

I'd be amazed if they could rent and then DRS. Then again, with Nominet anything is possible!

hi mate, thanks for ur reply. can u PM how much u paid per month as I 've no idea wot to charge them. thanks

 

[jhump]

yep, will do.

 

[GWing]

Personally I think this is the way it's going to start proceeding with good domain names.

The young entrepreneurs aren't going to be able to get on either the real or cyber property ladder in a few years, shame

I've got 2 let out at the moment on 5 year deals,