[arin-ppml] Advisory Council Meeting Results - March 2011

[Ted Mittelstaedt]

Org B can do due diligence with ARIN before the purchase and
if they don't and org a turns out to be a pig in a poke then
org B deserves what they get, in my book.

Ted

On 3/24/2011 8:26 AM, Chris Grundemann wrote:
> On Thu, Mar 24, 2011 at 03:07, William Herrin<bill at herrin.us>  wrote:
>> WRT reluctance on the part of the buyer... beggars can't be choosers.
>> There are only so many addresses which will be on the market at any
>> given time. Addresses that aren't under contract may end up selling
>> for less than addresses under contract but they'll still sell. The
>> recipient can use the addresses as soon as I sign a letter of
>> authorization. It's not a big deal if the completed transfer paperwork
>> takes a little while as ARIN validates my claim.
>
> The primary concern that I have heard raised (and did not catch myself
> on initial thoughts) is not the time that ARIN paperwork might take
> but rather that the outcome may not be what the recipient was
> promised.
>
> A scenario for illustration:
> Org B needs addresses.
> Org A tells Org B that they have addresses.
> Orgs A and B come to an agreement on price, etc.
> Org A writes an LoA for Org B to begin using the addresses.
> Org A files an LRSA with ARIN.
> ARIN finds that Org A is not authorized to hold nor transfer the
> addresses in question.
> Org B now has a number of problems...
>   - wasted time
>   - wasted money
>   - using addresses that they must return
>   - etc...
>
> I am not trying to argue one way or the other, just pointing out the
> piece of this that eluded me at first in case others missed it as
> well.
> ~Chris
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