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Selling Your Web Site? Get A Lawyer!

The ultimate dream of many online the sale. This contract may include:
entrepreneurs is to build a successful * A non-compete clause, meaning you can
web site and then sell it for thousands, not go out and build the same type of web
perhaps millions of dollars. Example: site within a specified period of time;
Sergey Brin and Larry Page, the original * Final sale price including fees and
creators of probably had no idea they expenses; how they will be paid and by
would become so rich by creating a search whom;
engine web site. Hey, stuff happens * Terms of transfer: when the transfer
right?Selling a domain name is easy. is to be completed, how the transfer will
Selling a site that you have poured be handled etc.;
months or years of your life into * Inclusions/Exclusions: this will state
building, promoting and nurturing, is a exactly what is and what is not included
bit more difficult. If you care about in the sale;
what you've built and want to see it * Rights of the buyer and rights of the
continue to succeed and grow, it can be seller during and after the sale
as difficult as selling one of your own process.If you are not an attorney, I
children.Scenario: You are approached by advise you to get one because if you sign
someone who is interested in purchasing a binding agreement, you're stuck with
your web site. Your first thought is that it. Make sure you know what the contract
it's some joke but you find it to be a says; I mean really understand it from a
genuine proposal. An offer is made and legal point of view. Make sure there are
negotiations begin.Stop! If the sale no "loopholes" which could cause problems
involves more than a couple thousand down the road and that your rights are
dollars, it is in your best interest to protected and clearly specified. Make
get an attorney. Do this before any sure you completely understand each and
contracts are signed or any money changes every paragraph, including the small
hands or you could lose the proverbial print!Being presented with a considerable
"shirt off your back" AND the web site chunk of change in exchange for selling
you built so carefully.In most cases, the all rights to your web site could be a
sale will include all intellectual and dream come true. Don't let those dollar
virtual property. This means everything; signs in your eyes cloud your vision.
the software, the domain name, the page Think clearly about what the site means
copy, the clients/customers and the to you and how you will feel about it
traffic. All rights to any of the after you no longer own it. If you're
material on the web site will transfer to sure you still want to sell it, get an
the new owner as well as the attorney to preview any contracts or
responsibility for the future success or forms BEFORE you sign them.Kim Haas has
failure of that web site.During been working online since the Internet
negotiations, a contract (should) be was a series of BBS systems.
drawn up which contains every detail of




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