Co-own a domain name?

[bobbarato]

LeaseThis.com is in the news as a domain leasing service over at http://dnjournal.com/.

But how about joint or co-ownership of a domain name? There doesn't seem to be the equivalent of a real estate deed for domain names. I guess some people have domain name co-owner contracts or have setup partnerships/corporations to share domain names? Is there another, simpler way?

If someone has a "hot" domain name, they could sell part of it for a nice pile of cash now, yet keep a piece of the action for later.

Has anyone done this?

BB

 

[loscocco]

it woild have to definately invlove contracts. you might be able to put the name in a 3rd party trust accnt

 

[Binfus]

If someone has a "hot" domain name, they could sell part of it for a nice pile of cash now, yet keep a piece of the action for later.

Sounds like music to my ears; finally, I might see a good use for (and value of) my CoOwn.com... :blink:

 

[bobbarato]

Well get out there and strut that domain name binfus! Seriously, what if a domain registrar had a name record that could accomodate multiple owners and (certain) domain name record changes could only proceed with authorization from all owners. I know this could easily lead to all kinds of conflicts but the concept of co-ownership is not new to Western society.

BB

 

[The Stealthy One]

Of course you can do this, as with any other piece of property. But proceed with legal help (hint: you setup an LLC, owned 50/50 by you and the other party, which solves the problem of who's name goes on the WHOIS. )