Joint-Ownership of a Domain Name

Is it possible to co-own a domain name? As far as I know, domain names can be registered by a single person.

I'm about to launch a website with a partner, so I'd like to know if this is somehow possible so that both of us can protect ourselves?

To perform deletion, transfer or any other activity must require the approval from both the parties.
ragav rAsked:
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rindiCommented:
I think you need to make a contract with your partner where both of you agree to what happens to the company's assets during a dispute, and have that contract overseen by your attorneys. Once that has been done, you shouldn't need to worry about the company's domain as then things can be done legally.
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Jan SpringerCommented:
You need to at least start an LLC with both of you represented.  Then let the domain name be registered under the corporation.
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Dr. KlahnPrincipal Software EngineerCommented:
To perform deletion, transfer or any other activity must require the approval from both the parties.

That means neither of the parties can be allowed to have access to the administrative or owner records for the domain, which of necessity drags a third party into the picture.

At that point it gets into "Who shall we pay to hold the credentials and do the recordkeeping?", "Who do we both trust?", "Is it really worth paying a lawyer who knows nothing about domain registration to learn about this, and then do this for us?"

imo, forming an LLC doesn't solve the problem because some disinterested third party still has to "hold the keys."
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Jan SpringerCommented:
That's exactly my point, rindi -- thanks for elaborating and stating it so well.
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rindiCommented:
I don't know what an "LLC" is?
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Jan SpringerCommented:
Limited Liability Corporation.
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rindiCommented:
I still can't make out what that means.
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Jan SpringerCommented:
It's just another type of corporation that defines legal and tax obligations.

http://www.mycorporation.com/learningcenter/llc-vs-corporation.jsp
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rindiCommented:
Now I understand. We call it differently here, GmbH (in Switzerland).
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ragav rAuthor Commented:
Thank you all.

Is there any other technical way to solve this except through a legal method like LLC.
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rindiCommented:
No.
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Dr. KlahnPrincipal Software EngineerCommented:
EE email requested stale question close.
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