Website creators often need some assistance with the online marketing and development side of things, in order to realise the monetary potential of their website. A great way for owners to hand the reins of the business over to a skilled third party to monetize the venture while ensuring that the creator retains a right to profits and a measure of influence is to sell the website with an option to repurchase.
This complete Website Purchase Agreement, establishes a secure legal framework within which the owner can sell a website, but retain entitlement to a proportion of the profits of the site, a level of influence in the way the website is developed, and an option to repurchase the website should the buyer ultimately wish to re-sell. It also provides the usual protections and warranties to protect both buyer and seller throughout the transaction.
As always we can customise this agreement, if you would like to do things a different way or if your transaction has specific legal requirements.