Bound items belong to you forever and cannot be sold.
Equipment that binds to a person can never be unbound. The purpose behind 'binding' equipment, is to reward those players who have taken the time to do a particular quest. Once the item binds to the character, it can not be sold, or auctioned, and can only be worn by that character.
This prevents one person from doing a particular quest, and then selling the equipment for profit. Quest equipment are rewards for paying attention to the area's details/storyline.
Binding equipment are 'reward' items. If a person wants such an item, often all they need to do is participate in getting the item themselves. The staff of Dark Legacy would like to point out, that by finding loopholes to sell bindable equipment is not only considered cheating, but is disrespectful the creator of the quest. Please be kind, don't sell binds. :)
Dark Legacy