Hello DP Members! I am about to start a website with my few friends and all of us will have shared proportional ownership and share the domain profit/losses accordingly. Please guide me about the legal process to have all of us as legal owners of the domain. If any one of us registers the domain then how will it be owned by the group?
It's probably be a good idea to get a lawyer to help you draw up a partnership agreement that outlines what percentage of the project each of you owns, and what happens if anyone leaves the partnership.
Thanks Pingpipe. But Lawyer is going to cost a fortune, and this is an initial part of project we are still gathering up expenses.