how to get back the domain name if after transfer to buyer?
#1
Hi,

I'm having the situation here, the buyer is not sending the second half of the agreed amount of money for 2 domains, 1 half was sent 25k, i sent the 2 domains, and the second after was expected to come by 30 oct. and was not sent.
Now, we do have a signed binding LOI (letter of intent) and there is also stock involved. I can't go in to details. given that the I only received 25k , one domain is going to be used, second is not yet in development. How can I get it back, preferably without any lower in an inexpensive way .  I'm also assuming that the currency is USD (or similar) and not a lower value currency which might make the legal route more expensive than the remaining part of the payment. This is also the reason why for any high-value transaction, an escrow service is recommended. Good escrow services also allow payments in parts and release the domains only on completion of the complete payment.


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