I was wondering if anyone here has had a similar experience and could lend some advice.
This summer I sold a domain (name not important) for $2,400 on Dan with the buyer opting to pay in installments of 12 months X $200. The buyer made the first 4 payments of $200 ($800) without delay. But last month they have yet to make their payment. They are now 10 days past due. I inquired with Dan support but my questions weren't answered to my satisfaction. The domain name has had 2 other offers on it since I purchased it. My questions are:
1.) When does the buyer officially default on the contract?
2.) When and how does the domain name revert back to me? The domain expires in early January and has a premium renewal.
3.) What legal recourse do I have regarding the buyer's default, especially if I were to lose the domain or incur additional fees due to it not being renewed in a timely manner. Dan has not provided me the buyers personal information so all correspondence goes through them and I am not thrilled with the customer service so far regarding this situation? Any advice or info would be greatly appreciated! Thanks!
@DAN.COM @Reza @LaszloSchenk
This summer I sold a domain (name not important) for $2,400 on Dan with the buyer opting to pay in installments of 12 months X $200. The buyer made the first 4 payments of $200 ($800) without delay. But last month they have yet to make their payment. They are now 10 days past due. I inquired with Dan support but my questions weren't answered to my satisfaction. The domain name has had 2 other offers on it since I purchased it. My questions are:
1.) When does the buyer officially default on the contract?
2.) When and how does the domain name revert back to me? The domain expires in early January and has a premium renewal.
3.) What legal recourse do I have regarding the buyer's default, especially if I were to lose the domain or incur additional fees due to it not being renewed in a timely manner. Dan has not provided me the buyers personal information so all correspondence goes through them and I am not thrilled with the customer service so far regarding this situation? Any advice or info would be greatly appreciated! Thanks!
@DAN.COM @Reza @LaszloSchenk
