Agreement to purchase a domain name
This agreement outlines the terms for the legal transfer of a domain name from a Seller to a Buyer. It details the responsibilities of both parties upon the Seller's receipt of payment, including the relinquishment of intellectual rights by the Seller and the acquisition of full proprietary rights by the Buyer. The document ensures a clear transfer of ownership and intellectual property associated with the domain name.
AGREEMENT TO PURCHASE A DOMAIN NAME
This purchase AGREEMENT, made this [date] day of [month], [year] between the parties [name of seller], henceforth referred to in this AGREEMENT as Seller, and [name of buyer], henceforth referred to in this AGREEMENT as Buyer, legally transfers sole ownership of the internet domain name [domain name], henceforth referred to as PROPERTY in this AGREEMENT, from Seller to Buyer in exchange for the full AMOUNT, paid on the [date] of [month], [year], of [amount] (USD).
Upon the Seller’s receipt of this AMOUNT , the Seller shall:
Relinquish all proprietary and intellectual rights, past, present and future in nature to the Seller, concerning the domain name above listed;
Maintain no copyrights or trademarks on the PROPERTY above listed;
Hold the Buyer harmless in any court of law from any resolved or unresolved legal disputes or copyright infringements involving the PROPERTY above listed filed prior to the date of this AGREEMENT; and
Make no intellectual or proprietary claim to the above listed domain name in any manner, written or verbal, in any forum, public or private; and
Transfer the entirety of the above listed PROPERTY to the Buyer on the [date] of [month], [year].
Upon the Seller’s receipt of this AMOUNT, the Buyer shall:
Obtain full proprietary and intellectual rights to the PROPERTY above listed;
Hold harmless the Seller from any resolved or unresolved legal disputes or copyright infringements which occur after the date of this exchange AGREEMENT; and
Obtain full rights to legally copyright the PROPERTY at any time of the Buyer’s choice.
We the undersigned agree to this legally-binding AGREEMENT, and fully understand the terms as set forth in said AGREEMENT.
__________________________________
[name of seller]
[seller signature]
[date]
__________________________________
[name of buyer]
[buyer signature]
[date]
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