Looking for tri-cornered hats, fiery rhetoric and a return to the original ideals enshrined by our forefathers in the Constitution? Well, you are in the wrong place. “No politics . . . just Rock and Roll” reads the website teaparty.com, the official website of the Canadian rock band “The Tea Party.” Instead of a grassroots political movement inspired by the famous act of wanton caffeination, you’ve just stumbled upon the group that created a fusion of rock and Middle Eastern music known as “Moroccan roll.”

How could you have made such a silly mistake? What could a political movement that defined itself by its opposition to health care reform two years ago have to do with a bunch of socialized medicine-loving Canadians?! Well, you wouldn’t be the first person to make this mistake. Bassist Stuart Chatwood told BusinessWeek that “[s]o much damage has been done to our name by the political movement that we’re considering selling [the domain name].” A quick search shows that Chatwood isn’t exaggerating. Out of 96,400,000 results for the phrase “tea party,” the band’s website is on the first page.

If selling is on the band’s mind, they shouldn’t have a problem finding a buyer. With the Republican primaries kicking into full swing, and what looks to be a heated presidential election on the horizon, the trailblazers of Moroccan roll are sitting on a hot commodity, one worth potentially millions of dollars. All politics aside, that much money sounds pretty hard to turn down. So this tea party should be rolling in the green, right? Well, there might be one minor problem: the band broke up six years ago.

While it may not be clear WHO owns the trademark for the “tea party,” it is pretty clear that SOMEONE does. And whoever does might stand a chance of claiming this precious piece of cyber real estate in court. The domain name is certainly either identical or confusingly similar to the trademark in question, and whoever owns the trademark likely has some legitimate interest in a domain name that is identical to their mark. As long as our would-be plaintiff could also prove that the band registered or used the domain name in bad faith, then he would be able to transfer the domain name to his possession in an international court (See Deutsche Lufthansa AG v. Future Media Architects, Inc.) However, this final hurdle may prove insurmountable.

The band registered their site in 1993, well before the first octogenarian demanded that the government stay out of his Medicare, and even though they broke up six years ago, the band continues to sell merchandise through the site. Any potential litigants would also be forced to deal with a host of jurisdictional issues (if Kevin Spacey has to file in Canada to get his own name back, the “Tea Party” would likely have to as well) on top of the time it would take to get their suit through the international courts. With the election only a year away, time is of the essence. If you wait too long to act, your hot cyber property may go from today’s sex.com to tomorrow’s birdflu.com, a cautionary tale for all would-be cyber realtors, warns Marc Ostrofsky, author of Get Rich Click!

All of these issues together make it likely that “The Tea Party” will sell off their domain to the highest bidding SuperPAC, but don’t take it off of your bookmarks list quite yet. “We’ve considered lending the name to Stephen Colbert or Jon Stewart to have them dispel some of the stuff that the Tea Party says,” Chatwood told BusinessWeek. “As Canadians we’re somewhat sensitive to all the criticism of socialized medicine.”

As much as you’ve enjoyed your visits to the site so far, the two well-known political satirists could probably keep you entertained a little bit longer, but I wouldn’t hold my breath if I were you. A million dollars is a million dollars after all. “We’ve got families,” Chatwood says.

Link to the BusinessWeek article is here.