|
Tips For Transfers of
Domain Names
Explicit instructions for transfers of domain names can be found in
InterNIC's web pages. Transferring a domain name from one party to another consists of deleting the name and re-registering it. This is done through
InterNIC, using templates available online from
InterNIC.
Since deleting a domain name frees it up for the next person who asks for it, the Delete and Add templates must be submitted together so they're processed sequentially. Standard procedure is to submit the templates by E-mail as part of the same message, so that they reach InterNIC as a complete package.
InterNIC checks the E-mail headers from both messages to verify that the Delete Domain template came from the registered domain-name holder, and that the Add Domain template came from the new registrant.
Make sure there is some sort of contract or bill of sale that is in writing and signed by both sides to save you from any surprises later. Be sure this document specifies that the domain name is being sold and not leased. Make sure that the document lists the new owner as the
only owner. Make sure the document includes the sale/transfer of any copyrights and/or trademarks which may be associated with the name. You will want your contract to reflect that any trademarks and copyrights are now your property as
well as the name. Theoretically, after you purchase the domain name, the seller could sue you for trademark infringement because you're using it!
You might consider using an online escrow service, especially if your sale is for a significant amount of money. This will also allow a third party to handle the money exchange as well as the paperwork. This will assure you that the buyer pays on time, you'll get your money, and the paperwork is handled properly. For the buyer, this assures you that your payment will be in the hands of a neutral third party for protection in case the seller backs out. Once the escrow service confirms receipt of payment, the transfer takes place and funds are disbursed to the seller, less the escrow fee involved.
|
