Domain Sale Agreement Template for England and Wales

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Key Requirements PROMPT example:

Domain Sale Agreement

"I need a Domain Sale Agreement to sell my e-commerce website's domain name for £50,000, with completion planned for March 2025 and including an escrow arrangement for secure payment handling."

Document background
The Domain Sale Agreement is essential when transferring ownership of domain names in England and Wales. It's commonly used in business acquisitions, digital asset sales, and company rebranding exercises. The agreement covers crucial elements such as ownership verification, transfer procedures, payment terms, and warranties. It ensures compliance with both UK digital commerce regulations and international domain registration requirements. This document is particularly important for protecting both parties' interests in domain name transactions and establishing clear ownership transfer protocols.
Suggested Sections

1. Parties: Identifies the seller and purchaser of the domain

2. Background: Explains context and ownership history of the domain

3. Definitions: Defines key terms used throughout the agreement

4. Sale and Purchase: Core terms of the domain transfer

5. Purchase Price: Payment terms and methods

6. Transfer Process: Steps for executing the domain transfer

7. Seller's Warranties: Guarantees regarding domain ownership and rights

8. Governing Law: Specifies applicable jurisdiction

Optional Sections

1. Escrow Arrangements: Used for high-value transactions requiring third-party oversight

2. Intellectual Property Rights: Detailed IP provisions for domains with associated intellectual property

3. Confidentiality: Non-disclosure provisions for private transactions

Suggested Schedules

1. Domain Details: Technical specifications and registration details of the domain

2. Transfer Protocol: Detailed technical steps for domain transfer

3. Payment Schedule: Payment installment details and timing

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries
Relevant Teams
Relevant Roles
Industries

Common Law of Contract: Fundamental principles of contract law in England and Wales governing formation, consideration, intention to create legal relations, and enforcement of contracts

Misrepresentation Act 1967: Legislation governing false statements made during contract negotiations that induce parties to enter into contracts

Unfair Contract Terms Act 1977: Law regulating unfair terms in contracts, particularly those that exclude or restrict liability

Consumer Rights Act 2015: Legislation protecting consumer rights in contracts where one party is acting as a consumer rather than a business

Electronic Commerce (EC Directive) Regulations 2002: Regulations governing electronic commerce and digital transactions in the UK

Electronic Communications Act 2000: Law providing legal framework for electronic signatures and electronic communications

Trade Marks Act 1994: Legislation protecting registered trademarks which may be relevant if domain names incorporate trademarked terms

Copyright, Designs and Patents Act 1988: Law protecting intellectual property rights that might be associated with domain names or website content

Common Law Pass-off: Legal principle protecting unregistered rights in names, brands or get-up from misrepresentation

UK GDPR: Data protection regulation governing the processing of personal data in the UK post-Brexit

Data Protection Act 2018: UK's implementation of data protection standards, working alongside UK GDPR

Nominet Terms and Conditions: Rules and regulations specific to .uk domain names as set by the UK's domain registrar

ICANN Policies: Global policies and procedures governing domain name registration and transfers

Consumer Protection from Unfair Trading Regulations 2008: Regulations protecting consumers from unfair commercial practices

Consumer Contracts Regulations 2013: Rules governing distance selling and online contracts with consumers

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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