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Transfering Domain Purchase Agreement rights

Labeled as advice in Domain Selling and Domain Sales started by Victoria897, Oct 29, 2018.

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  1. Victoria897

    Victoria897 Established Member

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    I agreed to sell a domain to a buyer for mid $xx,xxx some months ago. Initially the buyer only offered low $xx,xxx for outright purchase. This domain is related to the marijuana market and so with legislative changes coming into force I agreed to lease the domain in exchange for the buyer signing a Domain Purchase Agreement for the full amount to be paid in summer 2019.

    My circumstances have since changed - I am retired and would prefer to simplify my finances. I don't think asking the buyer to change terms is a good strategy.

    Is it possible to transfer the rights of the Domain Purchase Agreement to a third party - to absorb the risk of the seller not following the obligations and how should I price such an arrangement?
     
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