Is sale of PI addresses legal?

Yes. But only if the rules of the network transfer are observed. According to the RIPE NCC policy, it is possible to transfer addresses only if a part or whole original resource holder company was taken over by another company. Also the network should be used on the same purpose as it was assigned. Officially the network should be transferred with all equipment and clients which are registered with this network. The buyer should be ready to confirm this information, in case of a call or e-mail from RIPE hostmater. In certain cases placing the information of network purchase on Buyer website will be convincing proof for the RIPE NCC.

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