The term domain name means any alphanumeric designation which is registered with or assigned by any domain name registrar, domain name registry, or other domain name registration authority as part of an electronic address on the Internet. (15 USCS § 1127)
Los Angeles California Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing A Los Angeles California Listing Agreement with a Broker to Sell Internet Domain Site is a legally binding contract that authorizes a real estate broker to act as an exclusive agent in the sale of a specific internet domain site located in Los Angeles, California. This agreement ensures that the broker has the sole right to represent the owner of the domain site and market it to potential buyers. It is crucial for individuals or businesses looking to sell their domain site in Los Angeles to understand the various types of exclusive listing agreements available. Here are three commonly used types: 1. Exclusive Right to Sell Listing Agreement: Under this type of agreement, the broker is granted exclusive rights to sell the internet domain site located in Los Angeles. The broker is entitled to a commission regardless of who brings the buyer, including the owner themselves. This type of agreement provides the broker with maximum motivation and incentive to actively market the domain site and seek potential buyers. 2. Exclusive Agency Listing Agreement: With an exclusive agency listing agreement, the broker acts as the exclusive agent but allows the owner to retain the right to sell the domain site independently without paying a commission to the broker. However, if the broker successfully procures a buyer, they are entitled to a commission. This type of agreement provides a middle ground between granting the broker exclusive rights and giving the owner complete autonomy in selling the domain site. 3. Net Listing Agreement: While less common, a net listing agreement allows the owner and broker to agree on a specific sales price for the domain site. Any amount generated above that agreed-upon price becomes the broker's commission. However, net listings are not permitted in some states, including California, due to potential conflicts of interest. It is important to consult with a legal professional to understand the legality of a net listing in a specific jurisdiction. In the context of selling an internet domain site in Los Angeles, California, choosing the appropriate exclusive listing agreement can greatly impact the success of the transaction. It is advisable to seek guidance from a knowledgeable real estate attorney or agent to ensure compliance with state laws and protect the interests of both the owner and the broker involved in the agreement.Los Angeles California Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing A Los Angeles California Listing Agreement with a Broker to Sell Internet Domain Site is a legally binding contract that authorizes a real estate broker to act as an exclusive agent in the sale of a specific internet domain site located in Los Angeles, California. This agreement ensures that the broker has the sole right to represent the owner of the domain site and market it to potential buyers. It is crucial for individuals or businesses looking to sell their domain site in Los Angeles to understand the various types of exclusive listing agreements available. Here are three commonly used types: 1. Exclusive Right to Sell Listing Agreement: Under this type of agreement, the broker is granted exclusive rights to sell the internet domain site located in Los Angeles. The broker is entitled to a commission regardless of who brings the buyer, including the owner themselves. This type of agreement provides the broker with maximum motivation and incentive to actively market the domain site and seek potential buyers. 2. Exclusive Agency Listing Agreement: With an exclusive agency listing agreement, the broker acts as the exclusive agent but allows the owner to retain the right to sell the domain site independently without paying a commission to the broker. However, if the broker successfully procures a buyer, they are entitled to a commission. This type of agreement provides a middle ground between granting the broker exclusive rights and giving the owner complete autonomy in selling the domain site. 3. Net Listing Agreement: While less common, a net listing agreement allows the owner and broker to agree on a specific sales price for the domain site. Any amount generated above that agreed-upon price becomes the broker's commission. However, net listings are not permitted in some states, including California, due to potential conflicts of interest. It is important to consult with a legal professional to understand the legality of a net listing in a specific jurisdiction. In the context of selling an internet domain site in Los Angeles, California, choosing the appropriate exclusive listing agreement can greatly impact the success of the transaction. It is advisable to seek guidance from a knowledgeable real estate attorney or agent to ensure compliance with state laws and protect the interests of both the owner and the broker involved in the agreement.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
