Domain Name Sale Agreement for Australia

Domain Name Sale Agreement Template for Australia

A comprehensive legal agreement governed by Australian law that facilitates the sale and transfer of domain name ownership from one party to another. The document outlines the terms and conditions of the sale, including purchase price, payment terms, transfer process, warranties regarding domain ownership and usage, and compliance with Australian domain registry requirements. It incorporates relevant provisions from Australian electronic commerce laws, intellectual property regulations, and .au Domain Administration (auDA) rules while ensuring proper documentation of the transaction and protection of both parties' interests.

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What is a Domain Name Sale Agreement?

The Domain Name Sale Agreement is a crucial legal document used in Australia when transferring ownership of domain names between parties. It is essential for businesses and individuals engaging in the purchase or sale of domain names, ensuring compliance with Australian legislation including the Electronic Transactions Act 1999 (Cth) and auDA regulations. This agreement is particularly important as domain names represent valuable digital assets and their transfer must be properly documented to protect both parties' interests. The document covers essential elements such as purchase price, payment terms, transfer mechanics, warranties about domain ownership and usage, and specific requirements for Australian domain registries. It's commonly used in business acquisitions, digital asset sales, or when companies rebrand or restructure their online presence.

What sections should be included in a Domain Name Sale Agreement?

1. Parties: Identification of the Seller and Buyer, including full legal names, ABN/ACN if applicable, and contact details

2. Background: Context of the agreement, including brief description of the domain name(s) being sold and the parties' intention to enter into the transaction

3. Definitions: Definitions of key terms used throughout the agreement, including 'Domain Name', 'Transfer Date', 'Purchase Price', 'Registry', and other relevant terms

4. Sale and Purchase: Core agreement to sell and purchase the domain name(s), including the exact domain name(s) being transferred

5. Purchase Price and Payment: Details of the purchase price, payment method, timing, and any escrow arrangements

6. Transfer Process: Step-by-step process for transferring the domain name(s), including timeline and technical requirements

7. Seller's Obligations: Seller's responsibilities including providing transfer codes, removing technical restrictions, and cooperating with the transfer process

8. Buyer's Obligations: Buyer's responsibilities including making payment and completing transfer requirements

9. Warranties and Representations: Warranties from both parties, especially Seller's warranties about domain ownership, rights to sell, and domain status

10. Completion: Requirements for completion of the transfer and timing

11. Governing Law and Jurisdiction: Specification of Australian law as governing law and jurisdiction for disputes

What sections are optional to include in a Domain Name Sale Agreement?

1. Escrow Arrangements: Details of escrow service usage when parties agree to use a third-party escrow service for the transaction

2. Intellectual Property Rights: Additional provisions when the domain includes trademarks or other intellectual property

3. Domain History Declaration: Detailed history of domain usage when buyer requires this information

4. Confidentiality: Confidentiality provisions when parties wish to keep the transaction private

5. Tax Provisions: Specific tax-related provisions for high-value domains or business asset transfers

6. Dispute Resolution: Detailed dispute resolution procedures beyond standard jurisdiction clause

7. Post-Completion Obligations: Any continuing obligations after transfer, such as technical support or transition assistance

What schedules should be included in a Domain Name Sale Agreement?

1. Domain Details Schedule: Detailed information about the domain(s) including registration date, expiry date, hosting details, and current DNS settings

2. Transfer Procedure: Technical step-by-step process for domain transfer including registry-specific requirements

3. Payment Schedule: Payment terms and installments if payment is not made as a single sum

4. Due Diligence Results: Results of any due diligence conducted on the domain name(s), including traffic statistics and revenue history if applicable

5. Related Assets: List of any additional assets included in the sale (e.g., logos, content, social media accounts)

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

Jurisdiction

Australia

Publisher

Genie AI

Sector

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Technology

E-commerce

Digital Media

Professional Services

Retail

Financial Services

Healthcare

Education

Real Estate

Telecommunications

Marketing and Advertising

Consulting Services

Relevant Teams

Legal

Information Technology

Digital Operations

Marketing

Compliance

Business Development

Brand Management

Corporate Communications

Information Security

Technical Operations

Relevant Roles

Chief Technology Officer

Digital Assets Manager

Legal Counsel

IT Director

Domain Portfolio Manager

Business Development Manager

Chief Marketing Officer

Compliance Officer

Digital Strategy Director

Corporate Lawyer

Web Services Manager

Brand Manager

Information Security Manager

Operations Manager

Industries
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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