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I have some domains with Afternic that I'd like to list as "lease to own" (LTO). A quick few questions came to mind that I hope someone may be able to answer:
1. If a buyer enters into an agreement for an LTO and the monthly payments required, how long after the monthly payment due date does Afternic/Dan.com consider it late?
2. Will there be a late penalty charged?
3. How much time needs to pass to make current the monthly payments before Afternic/Dan.com consider the buyer in violation of the agreement and, therefore, returns the domain name to the seller and terminates the contract?
Thanks.
1. If a buyer enters into an agreement for an LTO and the monthly payments required, how long after the monthly payment due date does Afternic/Dan.com consider it late?
2. Will there be a late penalty charged?
3. How much time needs to pass to make current the monthly payments before Afternic/Dan.com consider the buyer in violation of the agreement and, therefore, returns the domain name to the seller and terminates the contract?
Thanks.