Freelancer May Have Bought the WF, But Did it Buy the Trademark?
When buying a domain, especially one with a "name" that is an asset, make sure you include trademark rights in your purchase agreement and spell out rights the seller / buyer will have in the future.
You don't want to just buy a url. Buying a domain is just buying a domain. It is not a purchase of intellectual property rights. They are separate property rights.
Example: earlier this year I sold a domain to another lawyer, but did not sell the content, did not sell associated products, and although I also sold intellectual property rights to the name, the agreement carved out my right to keep selling existing products using the name of the site.
Although this can make a purchase agreement complicated, you do not want to buy a "valuable" domain only to find out you didn't buy the right to use the name of the site.
Keep in mind a trademark can exist, even if it is not registered.
Simply, LOL, you don't want to buy "warriorforum.com" but have to change the name of the site to "Acme Forum".
.
-
lotsofsnow {{ DiscussionBoard.errors[9115006].message }}-
DubDubDubDot -
Thanks
{{ DiscussionBoard.errors[9115128].message }} -
-
-
Mike Elisson -
Thanks
SignatureSuper Simple SMS Tool Lets You Quickly and Easily Build A Targeted List of Hungry Buyers Excited To Read Your Every Text Message!{{ DiscussionBoard.errors[9115198].message }} -