domainventure
Member
I read about leasing out a domain. I believe this is usually by a domainer who wants to hold on to a premium domain and increase its value.
As a domain is an intangible, how does this really work? Especially if the registrant and lessee are in geographically different locations?
I have thought of a solution, may be it is already in vogue? Again, this would work better only if the two parties( Domain holder and the developer of the website) are residents or citizens of that particular country, but not necessarily physically present.
1. Float a Pvt. Ltd company if India or an LLC if US.
2. Have the two parties as part of this company
3. Transfer the domain to this entity.
4. Now the orginal registrant can give access to the domain for development.
5. Cost of developing,upkeep and maintenance the responsibility of the developer
6. Developed Website for profit sharing or revenue sharing?
Your thoughts?
As a domain is an intangible, how does this really work? Especially if the registrant and lessee are in geographically different locations?
I have thought of a solution, may be it is already in vogue? Again, this would work better only if the two parties( Domain holder and the developer of the website) are residents or citizens of that particular country, but not necessarily physically present.
1. Float a Pvt. Ltd company if India or an LLC if US.
2. Have the two parties as part of this company
3. Transfer the domain to this entity.
4. Now the orginal registrant can give access to the domain for development.
5. Cost of developing,upkeep and maintenance the responsibility of the developer
6. Developed Website for profit sharing or revenue sharing?
Your thoughts?