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Terms & Conditions - Selling on Netfleet

As a seller (NOT REGISTERED FOR GST), by listing a domain for sale on Netfleet:

  • I hereby acknowledge that by listing a domain name on Netfleet I am entering a legally binding contract to sell the domain name if there is a winning bid/offer for my domain name and the reserve (if any) has been met at the close of auction, a counter offer has been matched (for catalgoue domains), or the Buy Now price met.
  • I hereby understand that if no reserve price has been set in the Auctions, the minimum a domain can sell for is $10.
  • I hereby confirm that I am not registered, or required to be registered, for GST.
  • I hereby authorise NetAlliance Pty Ltd (trading as Netfleet.com.au) to act as my agent in selling my domain name(s).
  • I hereby authorise NetAlliance Pty Ltd (trading as Netfleet.com.au) to issue a receipt / invoice on my behalf, as the Seller of this domain name, to the Buyer of this domain name(s) (being the winning bidder(s) in this auction)
  • I hereby acknowledge that the Buyer incurs a Buyers Premium which covers the cost of Change of Registrant and management of sale by Netfleet including securly managing funds.
  • I hereby acknowledge that for domain auctions, I will incur a fee of 4% of the reserve price if set, which is refundable to me if my domain name sells (non-refundable if my domain name does not sell).   However, if the domain name is managed by Netfleet as the registrar, this fee is waived.
  • I hereby acknowledge that on successfully selling a domain name on Netfleet, Netfleet's commission will be 8% of the final sale price including GST which is part of the Netfleet Assisted Sales process.
  • I hereby acknowledge that on successfully selling a domain name on Netfleet, the Netfleet Assisted Sales process begins, and I will conduct all steps detailed in the How To Guide - Netfleet Assisted Sales in no more than 2 weeks.
  • I understand that Netfleet may take up to 7 business days to release the funds to my nominated account once the buyer has confirmed full ownership of the domain name
  • I understand that it is my responsibility to ensure any domain names listed for sale, or sold, and are still being processed by Netfleet as part of the Netfleet Assisted Sales process, do not expire or ownership does not change to any other than to the agreed buyer determined by Netfleet.
  • I hereby acknowledge that Netfleet can terminate the sale of any of my domain names without notice, at any time, and for any reason.
  • I hereby acknowledge that I cannot remove domain names from domain auctions on Netfleet that have received an offer or bid, and agree to let the auction run for it's duration
  • I understand that I am only permitted to list the same domain name in auctions twice, to avoid over repetition of the same domain name

As a seller (REGISTERED FOR GST), by listing a domain for sale on Netfleet:

  • I hereby acknowledge that by listing a domain name on Netfleet I am entering a legally binding contract to sell the domain name if there is a winning bid/offer for my domain name and the reserve (if any) has been met at the close of auction, a counter offer has been matched (for catalgoue domains), or the Buy Now price met.
  • I hereby understand that if no reserve price has been set in the Auctions, the minimum a domain can sell for is $10.
  • I hereby confirm that I am registered for GST.
  • I hereby authorise NetAlliance Pty Ltd (trading as Netfleet.com.au) to act as my agent in selling my domain name(s).
  • I hereby authorise NetAlliance Pty Ltd (trading as Netfleet.com.au) to issue a tax invoice on my behalf, as the Seller of this domain name, to the Buyer of this domain name(s) (being the winning bidder(s) in this auction)
  • I hereby acknowledge that the winning bid amount on the auction for this domain name does not include GST, and the GST component is payable by me to the Australian Tax Office.
  • I hereby acknowledge that the Buyer incurs a Buyers Premium which covers the cost of Change of Registrant and management of sale by Netfleet including securly managing funds.
  • I hereby acknowledge that for domain auctions, I will incur a fee of 4% of the reserve price if set, which is refundable to me if my domain name sells (non-refundable if my domain name does not sell).   However, if the domain name is managed by Netfleet as the registrar, this fee is waived.
  • I hereby acknowledge that on successfully selling a domain name on Netfleet, Netfleet's commission will be 8% of the final sale price including GST which is part of the Netfleet Assisted Sales process.
  • I hereby acknowledge that on successfully selling a domain name on Netfleet, the Netfleet Assisted Sales process begins, and I will conduct all steps detailed in the How To Guide - Netfleet Assisted Sales in no more than 2 weeks.
  • I understand that Netfleet may take up to 7 business days to release the funds to my nominated account once the buyer has confirmed full ownership of the domain name
  • I understand that it is my responsibility to ensure any domain names listed for sale, or sold, and are still being processed by Netfleet as part of the Netfleet Assisted Sales process, do not expire or ownership does not change other than to the agreed buyer determined by Netfleet.
  • I hereby acknowledge that Netfleet can terminate the sale of any of my domain names without notice, at any time, and for any reason.
  • I hereby acknowledge that I cannot remove domain names from domain auctions on Netfleet, and agree to let the auction run for it's duration
  • I understand that I am only permitted to list the same domain name in auctions twice, to avoid over repetition of the same domain name

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General Netfleet Rules (Views: 6905)