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Ownership (or more precisely, control) of domain names is granted for a limited period of time, subject to the appropriate registration or renewal fees being paid. Once the owner of a domain name declines to pay the renewal fee to maintain their registration, that domain name will expire - that is, it will eventually be deleted and returned to the "pool" of unregistered names.
While
originally domain names
were registered for a
fixed period of 2 years,
most Registrars now
offer the option of
registering a domain
name for a period of
1-10 years, often with
substantial discounts
for extended
registrations
A domain name that is approaching its renewal date is said to be "expiring soon" and a domain name that has passed its renewal date (also known as its "expiry date" - it's just a matter of perspective!) without the renewal fee being paid is said to have "expired".
Expired domains solicit a lot of interest since essentially they form a new supply of domain names
returning to the market, sometimes for the first time in many years...
Once
a domain name has
expired and been
deleted, it is available
to be re-registered by
anyone. It is at the
exact moment of deletion
that the real battle
begins for the control
of the newly-available
names - a battle that
can only have one
winner.
Before
we look more closely at
the process for
"grabbing"
(i.e. securing the
rights to) an expiring
domain name, and the
tools and services
available to improve the
odds of obtaining the
desired name, it is
worth taking a closer
look at the domain
name expiry and deletion
cycle.
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