As I read this, this is for change of ownership of the domain. This is to
ensure that whatever contract the current Registrant has bound themselves
to is subsequently passed onto the new Registrant. This includes all the
legalize about idemnification, appropriate use of domain, trademark laws,
proper contact information, etc etc etc...
This is meant to protect all parties involved. And it also prevents
someone from purchasing a domain in bad faith then "selling" it to another
party - effectively 'laundering' the domain.
Charles Daminato
TUCOWS Product Manager (ccTLDs)
[EMAIL PROTECTED]
On 18 Dec 2000 [EMAIL PROTECTED] wrote:
> One of our site visitors pointed to this paragraph of User Agreement:
> Do DOMAIN OWNERSHIP TRANSFERS only take place is Transferee agrees in writing and
>PAYS APPLICABLE FEES?
>
> 14. TRANSFER OF OWNERSHIP. The person named as administrative contact at the time
>the controlling user name and password are secured shall be the owner of the domain
>name. You agree that prior to transferring ownership of your domain name to another
>person (the Transferee") you shall require the Transferee to agree, in writing to be
>bound by all the terms and conditions of this Agreement. Your domain name will not be
>transferred until we receive such written assurances or other reasonable assurance
>that the Transferee has been bound by the contractual terms of this Agreement (such
>reasonable assurance as determined by us in our sole discretion) along with the
>applicable transfer fee. If the Transferee fails to be bound in a reasonable fashion
>(as determine by us in our sole discretion) to the terms and conditions in this
>Agreement, any such transfer will be null and void.
>
> Thanks
> Genie
> eyeondomain.com
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