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New
Domain Name Expiry Rules
ICANN (the global
body who oversees domain name
registrations) has come up with
a new system to manage domain
names that expire. It has been
adopted by Verisign / Network
Solutions - the registrars for
all US based domains.
Under the old
rules, your domain name and
email would stop working if
it expired. For many people,
this was a wake up call to renew
it. Pay the money, and you are
back in business.
If you didn't
renew it after a certain period,
the domain registrar would delete
it from the registry and it
would be released into the open
market. If nobody else wanted
it, you could re-register it.
If someone else had registered
it - too bad.
Under the new
system, when a registrar deletes
the name from the registry it
goes into a new status called
"Redemption Period".
The original
owner then has to pay a fee
( set at a maximum $US 85 by
ICANN) plus the renewal costs
to get their domain name back.
However, people who have been
in this situation advise that
they have been asked for $US
200 to recover the domain name
(plus the cost of renewal)
What happens
after the Redemption Period
is a bit unclear. The ICANN
paper says that the names are
then released for re-registration
at normal prices. However, we
have heard that Verisign intend
to put them up for auction,
where the minimum bid is $US
200.
AVOID THESE
HASSLES AND EXPENSE: Renew your
domain name on time.
100host.com domain registration
clients automatically receive
free notice of domain name renewals.
The actual briefing
paper from the ICANN General
Counsel is at http://www.icann.org/minutes/report-vgrs-rgp-consolidate-23feb03.htm
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