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HOW IT WORKS
How it works
When you're business is ready to make an official presence on the web, the first thing you'll need is a domain name (or website address). A domain name assignment is like a bill of sale for a website, and is needed whenever you're buying or selling a website or domain name.
The days of passing out business cards and flyers to promote your business are quickly fading. Today, many aspects of running a business are done on the web, and having the right domain name can make or break your company. Consider using a domain name that is short, easy to say, and catchy for your customers. The problem is—there's a good chance the domain name you want is already taken. But don't worry! Just because the name you want is already taken doesn't mean you can't still purchase it (although it may cost you a bit, especially if it's popular).
By law, domain names are considered personal property and can be bought and sold, just like anything else. Whether you're buying or selling a domain name, make sure you put it in writing with a Domain Name Assignment.
Other names for this document: Domain Name Transfer Agreement, Domain Name Purchase Agreement, Domain Name Assignment Agreement
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