Zak: Okay, that`s a great question. You need to look at this from the perspective of the landlord and tenant. From the owner`s point of view, he is willing to let a stranger use his domain name, provided he is paid every month. He will not transfer the domain name to the lessee and will let the type use it and return it when he is finished, after the duration of the rental contract. He will say that it must stay with me. This is my precious property. I`ll let you use it, but it has to stay with me. First of all, thank you for this excellent info Zak. I really don`t know anything about Domain Name Lease before reading this article.
But now I have great info. Zak: That`s right. Well, I think the most important way to look at this is from the perspective of the tenant, the party that wants to praise its use. So, if it`s a hundred thousand dollars, you need to have an idea of how much the lessee, the party that rents the owner/owner`s domain name, is able to pay financially per month. Michael: Great. Okay, this lease. The agreement is dated. That`s the date.
That`s the first question I have about legal agreements, Zak. What date do you intend to take, the date it is actually signed or the date you started negotiations and presented an agreement, the landlord presented the agreement to the tenant, or does it not matter? Zak: Well, in general, these leases are often international in nature with one company in the Caribbean and another company in Europe….