This document covers another area of fast growth. If you
rent a name, you need a comprehensive agreement
About this document
The document has been drafted to provide for all eventualities in a transaction of this nature. Rights, registrations, history of previous hiring, payment procedures, can all cause a disaster for one side or the other. Use this document to help you avoid potential claims.
Who will use these documents?
Someone taking or letting on hire one or more domain names.
Application
and features
Equally fair to both parties, but may be edited to favour one side or a regular user
Helps both sides get what they expect
Sets out payment and method of payment
Termination provisions protect owner
Defined responsibility for re-registration
If hirer fails to pay, name comes home to owner
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
Rights and obligations of both sides clearly set out
