Joint Domain Name Ownership Agreement - DNForum - Domain Sales, Domain Forum, Domain Appraisals, Domain Registrars

**bwhhisc** · 05-08-2008, 08:41 PM

Does anyone have any agreements that would cover the ownership of a domain valued at xx,xxx by a group of 3 or more individuals? Thanks for any info.

**synapse** · 05-08-2008, 08:51 PM

your circumstances are unique, the partners are unique and your jurisdiction's unique ... u should always have an agreement like that drafted by a professional, a commercial or corporate law specialist ... imho

**bwhhisc** · 05-08-2008, 09:32 PM

Quote:

Originally Posted by synapse

your circumstances are unique, the partners are unique and your jurisdiction's unique ... u should always have an agreement like that drafted by a professional, a commercial or corporate law specialist ... imho

Was hoping to find someone that already had something like that which could serve as a starting point to detail out our needs.

**wmloz** · 05-08-2008, 10:12 PM

Why don't you ask Berryhill, Lieberman or one of those guys to help.

I think you're going to find it could be tricky. Why don't you set up an LP or something like that and have the domain as an asset?

**bwhhisc** · 05-10-2008, 12:39 PM

Quote:

Originally Posted by wmloz

Why don't you ask Berryhill, Lieberman or one of those guys to help. I think you're going to find it could be tricky. Why don't you set up an LP or something like that and have the domain as an asset?

Thanks for that good advice. I was trying to not "reinvent the wheel" here. Figured that among the forum there must be others in similar situations. Even the recent "cowboys.com" team of buyers must have created something similar to what we are after.

**hittjw** · 06-16-2008, 06:38 PM

Quote:

Originally Posted by bwhhisc

Does anyone have any agreements that would cover the ownership of a domain valued at xx,xxx by a group of 3 or more individuals?

Depending on the rules of your state ... I set the domain up as an asset under an LLC formed for the sole purpose of a joint venture or marketing agreement.

The terms of the corporate state the purpose of the domain and how the domain may be disposed of should the organization end. You'll want to talk with your lawyer and register the domain to the organization.

Best,

Justin