Domain Rental Agreement and Legal Notice

BY SENDING THE RENTAL PAYMENT TO ME, YOU ACKNOWLEDGE AND ACCEPT THAT YOU UNDERSTAND THE FOLLOWING TERMS AND CONDITIONS OF THIS DOMAIN RENTAL AGREEMENT.

Jim Balasubramanian, herein known as the "Owner",  is the owner and registrant of the domain name, "bedfordavenue.com".

You, herein known as the “Renter”, agrees to rent the domain name from the Owner upon the following conditions:

The term for a domain rental is for 1 week. Rental payment of $10 is paid in advance via Paypal. There are NO additional fees to rent the domain name.

The Renter will have Exclusive Rights To Use the domain name. The Owner cannot sell, rent, transfer, or convey the name to any other person or entity during this rental period.

The Renter acknowledges and understands that the Renter is not buying any ownership of the domain name. The Renter is paying rent for the "exclusive right to use" only.

The Renter shall not assign or transfer any part of the Renter's interest in the Renter's agreement without prior written consent of the Owner.

It is agreed that the Renter understands that the use of the domain name may be subject to applicable laws in all jurisdictions in which the domain name is used or accessible, including those concerning trademarks and other types of intellectual property. This agreement confers no trademark rights or other intellectual property rights in the domain name. The use of the domain name must be for legal use only.

The Renter agrees to indemnify, defend, and hold harmless, the Owner, from and against any third party claim, suit, or proceeding arising out of the use of the domain name. Such indemnity shall apply to all losses, damages, liabilities, and reasonable attorney's fees and costs incurred by the Owner.

The Owner shall not be liable for any special, incidental, or consequential damages, or for interrupted communications, lost data, or lost profits, arising out of or in connection with this Agreement. The maximum amount of damages to be paid by the Owner shall be limited to the rental service fee stated above.

The Renter acknowledges that Jim Balasubramanian as the Owner of the domain name, shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages relating to the use, or inability to use, the domain name, or in any other way related to the domain name. The Owner shall not be liable for interrupted communications, lost data, or lost profits, arising out of or in connection with this Agreement. This includes the options of name forwarding and email forwarding provided by the domain registrar which is outside the control of the Owner. The maximum amount of damages to be paid by the Owner shall be limited to the rental service fee stated above.

It will be the sole responsibility of the Renter to check that the services of the name are working correctly. Any new domain name servers (DNS) settings, domain name forwarding, or email forwarding changes will be made within 10 days of notification from Renter.

For security, the email address given for the Renter’s "official contact" is the ONLY contact address authorized to renew, buy, or make any future changes to the services that are provided with the domain name during the rental term. If the original email contact is changing, notification of that must be done ahead of time using the original official email address.

Failure to renew the domain rental BEFORE the expiration date will constitute a cancellation of this agreement and the continued use of the domain name.

State of New York, U.S.A. law governs this entire agreement. This instrument shall represent the entire agreement between the parties hereto; any other or prior understandings or agreements being hereby canceled, having no further force and effect thereof. This agreement may not be assigned or transferred in any manner by either party without prior written notification.

bedfordavenue.com © 2019

this pages was last modified 05/05/2019

<<< Back Home