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Great idea! It would be like leasing any other "asset" (car, boat, office space, etc.). My only concern is: with a car, boat, office space, etc., if the lessor
by tyrelb 15y ago
Great idea! It would be like leasing any other "asset" (car, boat, office space, etc.).
My only concern is: with a car, boat, office space, etc., if the lessor renegs on the lease, the lessee can likely pursue another lease/purchase on another asset because the underlying asset is more of a commodity than a one-of-a-kind asset.
What protection, if any, does a lessee have should the lessor decide not to transfer the domain should the lessee execute the purchase option? (other than the obvious: going to court, suing, etc.)
My thoughts are the domain should be held in some sort of escrow on behalf of both parties, but then as a lessor would I really trust the escrow/domain holding company?
Which then brings up the point: what other intellectual property (trademarks, patents, etc.) can also be "leased"? could software code, produced on behalf of a startup, be leased back to the startup for a period of time?