Transpact revisited

[diablo]

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?

 

[SkinnerSkinner is verified member.]

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 ?

 

[bonusmedia]

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 protected].

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

 

[diablo]

Many thanks to you both.

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

 

[bonusmedia]

Ah sorry - there are a few sites doing paid contract templates out there though, try http://www.compactlaw.co.uk/domain-name-sale-agreement.html

 

[AdminAdmin is verified member.]

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.