Namegarage

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Terms of Sale & Pricing Disclaimer: what changed

v2.0 · to v4.1 ·

AI summary

AI-written reading aid: changes between these versions. The linked published versions are the authoritative text.

  • Adds Stripe monthly card plans beside Escrow.com, with disclosed first charge, automatic monthly charges, seller-paid fees and refunds where a plan is declined.
  • Adds formation, availability and reservation rules: binding sale needs approval plus a confirmed qualifying payment or deposit; the first such payment reserves the domain.
  • Clarifies that offers, card authorizations and "Awaiting Payment" status reserve nothing, and adds "already reserved or sold" as a decline ground.
  • Adds listing of completed sales showing domain, month, price and venue without identifying the buyer, removable or price-free on request.
  • States transaction-specific agreed terms prevail and that changes do not retroactively amend existing agreements.
  • Routes unresolved disputes through the selected payment provider's process before Irvine courts, preserving consumer and card-dispute rights.

Wording changes

Removed text is struck through; added text is underlined. Unchanged paragraphs are omitted. Link destinations appear in brackets.

2. WhenFormation, availability and reservations For transactions governed by these Terms, acceptance of an offer or approval of a bindingprice agreementbefore funding is formed conditional on continued availability. A binding sale agreement is formed onlyarises when, and on the terms on which, the seller expresslyhas approvesapproved the transaction withinterms Escrow.comand the funding condition below has been satisfied for that transaction. The bindingagreed price and payment schedule are exclusivelythose expressly approved for the transaction, not an unconfirmed website estimate. The buyer may decline those terms before proceeding. Domains remain available to other buyers until the required payment or an agreed reservation deposit has been received and confirmed. Submitting or accepting an offer, agreeing on a price, creating an Escrow.com transaction, signing an unpaid agreement governed by this condition, or receiving payment instructions does not by itself reserve a domain. An “Awaiting Payment” status, selecting a payment method, a card authorization, or saying that payment has been sent does not establish a reservation. For Escrow.com purchases, a reservation begins when Escrow.com confirms receipt of the payment required at that stage of the agreed transaction, even while its payment verification is pending. For an agreed deposit or direct payment, receipt of the required amount must be confirmed by the designated payment provider or by the seller through the agreed payment method. An unsolicited or insufficient payment does not create a reservation. For monthly card plans, the required initial payment is the first charge disclosed in Escrowthe plan, including any agreed down payment and first installment.com —A card authorization alone is not any number displayed on this websitereceipt. IfThe adomain websiteremains figureavailable until the payment processor confirms receipt and the seller-approvedreservation Escrow.comprocess figure differ,records the Escrowqualifying payment.com A figurequote thatstates a price for its stated validity period; it does not guarantee continued availability. Before reservation, the seller approvesmay governscontinue marketing the domain and considering other buyers. After reservation, the domain is reserved for that transaction until completion or verified resolution under its agreed terms. Receipt of funds does not itself authorize domain transfer: payment verification and other agreed completion requirements still apply. If competing payments arrive, only one transaction can receive the domain. The first qualifying payment confirmed and recorded by the seller’s reservation process establishes the reservation. Payment for a domain already reserved for another transaction is handled through the applicable cancellation or refund process. An agreed deposit’s amount, duration, credit toward the price, and therefund buyeror isforfeiture freeconditions must be disclosed and agreed before payment. These Terms create no general right to declineforfeit ita deposit. Transaction-specific terms expressly agreed by both parties prevail where they differ from these Terms. Escrow.com’s agreement and procedures govern its services. This version does not retroactively amend an existing agreement or give the seller a new right to cancel one.
Buyer inquiry / intent. The buyer expresses interest, makes an offer, or starts a checkout based on a non-binding estimate. Transaction terms. Escrow.com transaction.purchases Theuse its agreed transaction isterms routedand toprocedures. Direct purchases use the purchase agreement for the selected payment method. Escrow.com, the designatedholds escrow facilitator. Funds a buyer pays are held by Escrow.com, not bypayments; the seller receives direct payments through the agreed method. Seller verification. The seller reviews the transaction to confirmverifies the price, terms and termsavailability. areApproval correctbefore andfunding freeis ofconditional theon errorscontinued describedavailability inunder Section 12. Seller decision. TheA transaction staysmay non-bindingbe untildeclined for a pricing or terms error, or because the domain is already reserved or sold. Cancellation and any return of money follow the applicable transaction terms and payment provider’s procedures. An unpaid checkout is not an exclusive reservation. Completion. Following approval, a qualifying reservation and required payment verification, the domain is transferred under the agreed process. Funds received but still under verification reserve the domain; they do not authorize its transfer. Monthly card payments through Stripe Stripe processes payments directly for the seller; expresslyStripe approvesis itnot inan Escrowescrow service.com The checkout shows the total price, any down payment, the first installment and the remaining monthly amounts. By accepting the card-plan authorization, the buyer authorizes the first charge at checkout and automatic monthly charges for the displayed remaining schedule. The first charge includes any down payment and the first installment. The seller maypays declineStripe's processing and billing fees; they are not added as a transactionfull-term whosefee listedcharged to the buyer upfront. After the first payment and seller verification, the seller arranges domain access with the buyer. Ownership remains with the seller until the entire agreed price is paid. Final transfer is handled by the seller after reviewing the payments, refunds and disputes. A failed payment, refund, dispute or stopped collection requires seller review before further fulfillment; a successful payment receipt is not confirmation that ownership transferred. If the seller declines a plan because its price or terms reflect a pricingan error, or otherbecause anomaly.another Wherequalifying payment reserved the sellerdomain declines, any funds the buyer paid remain with Escrow.com and are returned to the buyer under Escrow.com's procedures — the seller does not hold or keep them. Completion. After seller approval and buyer funding, Escrow.com confirms fundsfirst, the seller transfersstops future collections and refunds the domainamount paid through Stripe. These payments are not held in escrow, and refund processing follows Stripe's and the transaction closes under Escrow.combuyer's processbank's timing. Contact legal@namegarage.com [mailto:legal@namegarage.com] to discuss a payment problem or a request to stop future collections.
The seller's decision to approve or decline a transaction is based solely on the correctness of the price and transactionterms termsand the domain’s availability under the reservation rules. ThatThose decisioncriteria isare applied uniformly and without regard to the identity, location, nationality, business, or any other characteristic of the buyer. The seller does not use the verification step to discover a buyer's identity and then raise the price on that buyer: where the seller identifies a listing error, the seller will decline the affected transaction and, where practical, correct the listed price for all prospective buyers rather than re-quote a higher price to a particular buyer. A declined transaction does not entitle the buyer to demand the erroneous price, and the seller is under no obligation to sell at a price it has identified as mistaken.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SELLER AND ITS AFFILIATES, OFFICERS, AND AGENTS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY LOST PROFITS, REVENUE, DATA, OR OPPORTUNITY, ARISING OUT OF OR RELATING TO ANY PRICING INACCURACY, ALGORITHMIC OR DATA ERROR, SYSTEM FAULT, OR DECLINED OR CANCELLED TRANSACTION. BY USING THIS WEBSITE OR INITIATING A TRANSACTION, THE BUYER WAIVES ANY RIGHT TOCANNOT ENFORCE A DISPLAYED PRICE THATAS A BINDING SALE AGREEMENT UNLESS THE SELLERAPPROVAL HASAND NOTFUNDING CONDITIONS IN SECTION 2 ARE SATISFIED, SUBJECT TO THE EXPRESSLY APPROVEDAGREED INTRANSACTION-SPECIFIC ESCROW.COMTERMS. THE SELLER'S TOTAL LIABILITY FOR ANY DISPUTED TRANSACTION IS LIMITED TO THE AMOUNT, IF ANY, THE SELLER ACTUALLY RECEIVED FROM THE BUYER FOR THAT TRANSACTION.
These Terms, and any dispute arising from them or from any transaction described here, are governed by the laws of California, United States, without regard to its conflict-of-laws rules. The parties submit to the courts of Irvine, California for any dispute not resolved through Escrow.comthe selected payment provider's ownprocess. Nothing in these Terms removes any mandatory consumer right or the right to raise a card-payment dispute processwith the buyer's bank. 8. Listing completed sales After a sale completes, we may list the domain name, the month of the sale, the price and where it sold on namegarage.com. We never name or identify the buyer. Ask us at any time, before or after the sale, to list it without the price or not at all, and we will update the listing promptly. 9. General
Entire terms; changes. These Terms areand the entiretransaction-specific terms governingexpressly agreed by both parties govern website pricing, approval, availability, reservations and the approvallisting processof betweencompleted sales. Expressly agreed transaction-specific terms prevail where they differ; Escrow.com’s agreement governs its services. Together, the buyerapplicable and the seller for listings on this website, andterms supersede prior statements on these subjects for that subjecttransaction. TheChanges seller may reviseto these website Terms; eachdo not retroactively change an existing agreement. Each revision is published as a new dated version, and every prior versionversions remainsremain available fromin the version history on this page so that the wording in effect at any given time can be confirmed.

All effective dates are stated in Coordinated Universal Time (UTC).