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Jamie-Law
Jamie-Law, Solicitor
Category: Law
Satisfied Customers: 5366
Experience:  Solicitor
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I want to purchase an internet domain for £70000 (agreed

Customer Question

I want to purchase an internet domain for £70000 (agreed price) from an unknown to myself individual. What are the usual procedures to protect both parties and ensure that one side gets the money and the other the domain?
Submitted: 12 months ago.
Category: Law
Expert:  Jamie-Law replied 12 months ago.

Hello my name is ***** ***** I will help you with this.

Are you intending to use a third party service such as Escrow?

Customer: replied 12 months ago.
Hi Jamie,Yes we are. Other than Escrow is there any other aspect that we should be looking at?Jon
Expert:  Jamie-Law replied 12 months ago.

No, Escrow is fine. That is because payment wont be released until you are named on the Web Registrar.

Therefore as long as you get this done, there is nothing else you need to worry about.

But until the Whois listing is updated, I would be release the funds.

Can I clarify anything for you about this today please?

Customer: replied 12 months ago.
Are there any escrow companies that you might recommend?
Expert:  Jamie-Law replied 12 months ago.

https://www.escrow.com is the obvious choice.

Does that clarify?