All,
Doing my best to keep up. Here are my comments.
- I agree that the three references to "business domain" should
be change to just "domain".
- Two references are in the header "RDS Purpose: Business Domain
Name Purchase/Sale",
- One is in the "Tasks: Parties purchasing or selling
a business domain name often
engage in the following tasks. "
- Omit all three.
As for the questions around other "entities involved in
transactions", clients such as Escrow and Finance companies, and
Individual lenders, I would argue that Tasks 3, and 4, as well as
some minor wording change for Task 6, covers those cases.
In my view, Task 3: "fit for purpose" and Task 4:
"merchantability" cover and include KYC (know your customer) and
AML (anti money laundering).
For Task 6 I proposed a slight wording change:
- In summary, registration data: informs buyers and sellers, and those they are
working with; <the rest as written>
In short, I prefer "fit for purpose", "merchantability" and "those
they are working with" to encompass legitimate third parties to the
transaction. I fear that making an explicit list leaves the door
open to "exceptionalism" in that parties explicitly on the list may
presume special (exceptional) status and legitimate third parties
not explicitly on the list may face exclusion.
Sam L.