Domain Sale Agreement Template for India

A Domain Sale Agreement is essential when transferring ownership of a domain name in India. This document is used when a domain owner wishes to sell their domain name to another party, whether for business expansion, brand acquisition, or portfolio management purposes. The agreement must comply with Indian legal requirements, particularly the Information Technology Act, 2000 and the Indian Contract Act, 1872, while also adhering to international domain registration policies. It typically includes comprehensive details about the domain transfer process, payment terms, warranties about domain ownership and usage rights, and specific provisions for completing the transfer. The document is particularly important for protecting both parties' interests and ensuring a smooth, legally compliant transfer of digital assets in the Indian jurisdiction.

1. Parties: Identification of the seller and buyer of the domain name, including full legal names, addresses, and registration details

2. Background: Context of the sale, including current ownership status of the domain and purpose of the transfer

3. Definitions: Key terms used in the agreement including 'Domain Name', 'Transfer Date', 'Purchase Price', 'Registration Authority' etc.

4. Sale and Purchase: Core terms of the transfer including the domain name details and confirmation of sale

5. Purchase Price: Agreement on the purchase price, payment terms, and method of payment

6. Transfer Process: Detailed procedure for executing the domain transfer, including technical requirements and timeline

7. Seller's Warranties: Warranties regarding ownership, right to sell, no encumbrances, and domain status

8. Buyer's Warranties: Warranties regarding legal capacity to purchase and compliance with registration requirements

9. Completion: Steps to be taken at completion, including transfer confirmation and handover of control

10. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes

11. Notices: Process for serving formal notices between parties

12. Entire Agreement: Confirmation that the agreement represents the complete understanding between parties