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Website Asset Purchase Agreement

oboloo Glossary

Website Asset Purchase Agreement

A Website Asset Purchase Agreement is an official, legally-binding contract between two parties: the seller and the buyer. It outlines the terms of a website transaction, including but not limited to payment, transfer of rights and ownership, and responsibilities of each party. The agreement typically covers the sale of a website’s code, hosting packages, content and any other unique assets associated with the site. This agreement serves to protect the interests of both parties and ensure that all expectations are met before money is exchanged. Signing a Website Asset Purchase Agreement helps create certainty and clarity between seller and buyer in order to promote successful and profitable website transactions.

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