This document covers another area of fast growth. If you rent a name, you need a comprehensive agreement.
About this document
This domain name rental agreement has been drawn to cover the many possible pitfalls in a transaction of this nature. Rights, registrations, payment procedures, can all cause a disaster for one side or the other. Use this agreement to protect your interests. It is suitable for anyone buying or renting one or more domain names.
Application
and features
Fair to both parties, but could be tailored to specific requirements of one side or frequent user;
Helps both sides get what they expect;
Sets out payment terms;
Provides for use of escrow service if required;
Defined responsibility for re-registration;
Comprehensive explanatory notes to guide you.
Contents
Defining the subject matter carefully;
Warranties by owner on registration, ownership, no third party rights and other essential elements;
Responsibility for re-registration defined;
Payment procedure set out;
Rights and obligations of both sides clearly set out;
Optional break clause;
Reversion of rights to owner when time is up;
Appropriate legal provisions to protect your interests.
Word
Count (approximate):
Document: 1675
words
Explanatory notes:
750
words
Draftsman
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.
