Sale Of Website Agreement Template
Use this sale of website agreement whenever one party has agreed to sell a website/s to another legal entity.
The sale of an internet website or domain along with the code that causes that website to render on an internet browser, is essentially a work covered by copyright and therefore the sale of intellectual property.
Typically the sale of the website will include the transfer of the domain name or multiple domain names along with certain rights that vest with the copyright owner. These rights include exclusive rights to publish and reproduce the Website, to assign, lease or license others to use or deal with the Website, and/or to restrict any others from accessing the Website.
Unlike buying or selling a business as a going concern, under Australian tax rules when one sells IP the sale will generally attract GST, if the parties are registered to collect GST. However unlike the sale and purchase of a business, the purchaser can claim the GST input credit as well as depreciate the IP over a ten year period.
Our contract for Sale of a Website covers the following issues;
- Transfer of all rights to publish, duplicate assign or license the Website.
- The transfer fee and GST
- Transfer of business names (if any) and domain name/s.
- Transfer of, data base, all internet code, documentation etc.
- Special conditions.
Sample of the Sale of Website Agreement Template
This SALE of WEBSITE CONTRACT is compliant in all states of Australia, has been drafted in Plain English and will provide strong legal protection in the event of a misunderstanding.
Your professionally drafted, easy to use business sale contract is available for immediate download. The document comes to you as a Microsoft Word template that can be used as often as you like. Simply insert the correct information in the appropriate field and tab to the next. Now print your professional contract!
