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I am in the process of selling my online business with a "rent to own" type deal. The buyer wants to remove the website off the shopping cart server I use now, and use his own. If he does this, then later decides he doesnt want to pursue the business anymore and stops paying monthly , I will take the site back but putting it back on my shopping cart platform would be a mess and detrimental to the whole websites presence online.
The buyer is drafting a contract stating he is obligated to purchase the business (whether he continues the rent to own, or does a buyout within 1 year if he removes the website from my platform and puts it on his ). I need this contract reviewed prior to signing.