Purchase & Transfer Agreement
Last updated: June 8, 2026
Version 2026-06-21 · Effective
The binding agreement both parties accept when an app or organization changes hands. Accepted by the seller when starting the transfer workflow and by the buyer before protected hold release.
1. Parties & Subject
This Agreement is between the Seller and the Buyer for the transfer of the listed asset (an application or organization), at the agreed price in credits, mediated by ForGrit.
2. What Transfers
Full ownership of the asset, including source code, deployment configuration, approved access credentials, access rotation steps, or transfer instructions where applicable, approved repository access, customer data (where lawful and disclosed), domain records where included, and associated marketplace revenue history and transfer documentation. The Seller must complete the handover checklist.
3. Seller Representations
The Seller represents that they own and have the right to sell the asset; that revenue, traffic, and metrics in the listing are accurate; that no undisclosed liens, disputes, or third-party rights exist; and that the asset does not infringe IP or violate law.
4. Protected Hold & Payment
The Buyer’s payment or platform credits are held in a protected hold workflow by ForGrit. Funds release to the Seller only after the Buyer confirms a successful handover or the inspection window closes without a dispute. See the Refund & Protected Hold Policy.
5. Handover & Inspection
The Seller completes the transfer checklist (repository, environment, credentials, customer data, domain). The Buyer has the inspection window to verify the asset matches the listing before releasing the protected hold.
6. No Guarantee
A listing approval by ForGrit does not guarantee future revenue, buyer satisfaction, or app performance.
7. Post-Transfer
On release, ownership and all rights pass to the Buyer, and a Transfer Certificate is issued. The Seller must cease use of the asset and transferred credentials.
8. Disputes
Disputes are mediated by ForGrit under the Refund & Protected Hold Policy, with outcomes of full refund, partial refund, release to seller, or no action.