Build to suit websites
A Lease Option is a purchasing technique. It is a lease for a fixed
period of time with an option to purchase the property on a future
date. The price of a domain or website and the cost of the project
developed are usually agreed upon at the inception of the agreement.
With a Lease Option to Purchase, the tenant has the right, but not
the obligation, to purchase the property.
This Process is made up basically of two parts. The Lease Portion
and the Option Portion. Many items have to be addressed, such as leasehold
improvements and the disposition of deposits to complete the website
development plan, as well as disposition of deposits if the Option
to purchase is NOT executed on or before the agreed upon date.
Developer and domain holder present a detailed Project Overview to
the prospective buyer and include a website maintenance contract.
Upon acceptance of terms, website development begins and a carefully
planned business strategy is put into effect. Each month a strict
website marketing regimen is followed and detailed account activities
are compiled, in reports to be included with monthly invoice.
Once we have an active website, generating enough revenue to pay
for the development and maintenance, then we can say it's been a "Win
Win" venture.
For more information on listing your name or web site for rent or
renting a name or web site from our inventory, please contact us at
Our Offices
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Make our Lawyers Happy... Dranove
Law
This page was updated March 8th, 2010
