Sometimes the website or domain you are purchasing has significant value and may require more documentation then a simple e-mail.

Here is a sample website sales agreement or can also be used as a domain name sales or purchase agreement.

Download free sample website purchase agreement in Microsoft word:

lou-for-acquisition-of-website

LETTER OF UNDERSTANDING for acquisition of www.domainprotege.com

June 22, 2007

(name)

(street address)

(city, state and zip)

Dear_____________________:

This letter summarizes the understanding we have reached regarding the terms and conditions of sale of the website ________________ To be certain this letter accurately reflects our understanding, please review the items below and indicate your understanding and agreement by signing on the signature line below.

Terms and Conditions of Sale

A. The agreement covers the outright sale of the domain and website content http://www.________________ for the price of U$__________. Sale price was based on revenue of approximately $100.00 per calendar month. Price includes free push at _____________ and all paid up domain registration fees.

B. Payment terms: Payment will be made by way of or using _________________. Add paypal or escrow info.

Just delete section C if not applicable but gives you an idea of how to structure something in the event seller makes certain promises regarding revenue.

C. Search Engine Optimization (SEO): This component of the agreement will commence July 1, 2007 and will continue until cancelled in writing by either party. The seller and buyer agree to engage in further work such as SEO where the buyer agrees to pay the seller a 50% performance bonus of all additional revenues generated as a result of these optimizations. This bonus would be payable for all additional revenue over and above the last three month average.

Example of Bonus Calculation: Year 2007

April $100, May $100, June $160 Total $360 (3 month average = $120.00)

If July revenue = $200. Seller would receive $40.00 for that month (Split $80.00).

If August revenue = $400. Seller would receive $140.00 for that month (Split $280.00)

Signed this 22 day of June, 2007

Print name

________________________________ _________________________________

Buyer Signature

I acknowledge and agree to the terms and conditions set forth above.

Print name

___________________________________ _________________________________

Seller of Domain / Website Signature

In addition, always remember to use escrow as opposed to paypal for the larger valued transactions.