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Domain Name Acquisition Agreement Generator for the USA

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Key Requirements PROMPT example:

Domain Name Acquisition Agreement

"I need a Domain Name Acquisition Agreement to purchase a portfolio of 5 e-commerce domain names from a private seller in California, with payment to be made in three installments and completion by March 2025."

Document background
A Domain Name Acquisition Agreement becomes necessary when an entity wishes to purchase a domain name from its current owner. This contract type ensures a secure and legally binding transfer of domain ownership while complying with U.S. federal and state laws, ICANN policies, and relevant trademark regulations. The agreement typically includes provisions for purchase price, payment terms, transfer process, warranties about domain ownership, and dispute resolution mechanisms. It's particularly important for protecting both parties' interests in high-value domain transactions and ensuring compliance with digital property transfer requirements.
Suggested Sections

1. Parties: Identification of buyer and seller with full legal names and addresses

2. Background: Context of the transaction and current ownership status of the domain

3. Definitions: Key terms used throughout the agreement including Domain Name, Transfer Date, ICANN, Registrar

4. Purchase Price and Payment Terms: Amount and method of payment for the domain including payment schedule and currency

5. Transfer Process: Steps for transferring domain ownership including registrar requirements and timelines

6. Representations and Warranties: Statements about domain ownership, rights, encumbrances, and compliance with laws

7. Closing Conditions: Requirements for completing the transaction including documentation and verification

Optional Sections

1. Parties: Identification of buyer and seller with full legal names and addresses

2. Background: Context of the transaction and current ownership status of the domain

3. Definitions: Key terms used throughout the agreement including Domain Name, Transfer Date, ICANN, Registrar

4. Purchase Price and Payment Terms: Amount and method of payment for the domain including payment schedule and currency

5. Transfer Process: Steps for transferring domain ownership including registrar requirements and timelines

6. Representations and Warranties: Statements about domain ownership, rights, encumbrances, and compliance with laws

7. Closing Conditions: Requirements for completing the transaction including documentation and verification

Suggested Schedules

1. Domain Details Schedule: Technical details of the domain including registration information, DNS settings, and hosting details

2. Transfer Protocol: Detailed step-by-step process for domain transfer including technical requirements and timeline

3. Payment Schedule: Detailed breakdown of payment installments, dates, and payment methods if applicable

Authors

Alex Denne

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

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Industries

Anticybersquatting Consumer Protection Act (ACPA): Federal law that protects trademark owners against cybersquatting and provides remedies for bad faith domain name registration

Lanham Act: Federal trademark law that protects against trademark infringement and unfair competition in domain names

Federal Trademark Dilution Act: Provides protection for famous trademarks against dilution through domain name usage

Digital Millennium Copyright Act (DMCA): Federal law addressing copyright issues in digital media and online content

ICANN UDRP: Uniform Domain Name Dispute Resolution Policy governing domain name disputes and transfers

ICANN Transfer Policy: Rules and procedures for transferring domain names between registrars and registrants

E-SIGN Act: Federal law ensuring legal validity of electronic signatures and records in commerce

UETA: State-level uniform law providing legal framework for electronic transactions and signatures

Uniform Commercial Code: Standardized state laws governing commercial transactions, including sale of goods and services

WHOIS Privacy Requirements: Regulations governing the privacy and accuracy of domain name registration information

Federal Trade Commission Act: Federal law prohibiting unfair or deceptive practices in commerce, including domain name transactions

State Contract Laws: Various state-specific laws governing contract formation, enforcement, and remedies

State Privacy Laws: State-specific regulations protecting personal information and privacy rights in commercial transactions

Trademark Rights: Legal protections for distinctive marks used in commerce, including domain names

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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