SALE OF WEBSITE AGREEMENT
Summary A Sale of Website Agreement may be used when the owner of a website, being an individual, company, or any other entity, sells their website to another party.
Why do I need a Sale of Website Contract? Any person wanting to sell his/her website to somebody else should consider using a written Website Sale Agreement. A written contract sets out the terms of the sale of a website to another person, including IP issues, hosting and related agreements, and payment terms.
What does the agreement say? The standard terms of the contract consist of: Parties; Definitions; Sale of Website; Purchase Price and Payment; Delivery of Documents; Warranties; Indemnities; Responsibilities; Breach; Notices; General; Cession of Agreements.
What does the agreement look like? The sample agreement can be printed onto ten pages.
What do you need to do to use the sample Sale of Website Contract?
- Read the document template to ensure that it suits your requirements. Make changes as required.
- Complete the relevant details, such as the Seller and Purchaser’s names, the name of the website and the purchase price. In particular, ensure that the clause specifying the manner in which the purchase price is to be paid is completed, and that the annexures have been completed.
- Ensure both parties sign the agreement and receive a copy.
Also viewed: Sale of Business Agreement
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