Transfering domain name to new owner ?

  setecio 09:21 23 Mar 2008
Locked

Having read
click here
my question is slightly different.

What is the process for transfering the right to use a domain to another person, and can you sell that right for any price if someone approaches you and wants to 'buy' your particular domain name from you ? If you don't purchase it in the first place, what do you actually sell ?

  Forum Editor 11:16 23 Mar 2008

1. The transfer process is fairly straightforward, and is usuallt accomplished via your hosting company, or the company that is currently 'parking' the name. Most companies have an online form, and you will usually have to follow this up with an email acceptance of the transfer request. You can't transfer names within a certain period after registration, or prior to renewal - full details of the various restrictions will be available from your host.

2. Yes, you can sell your interest in a domain name - either privately, or by using one of the many escrow companies that specialise in the process. In essence these companies make sure that money and name 'cross in mid-air', so that neither party can take money or domain name without fulfilling his/her half of the bargain. If you transfer a name without first making sure you have (or will get) the money you can have quite a job sorting things out, especially if you sell to someone abroad.

3. What you sell is your interest in the name for the unexpired part of the registration period. You are correct in saying that you don't actually buy the name when you register it - you simply buy the exclusive right to use if for a specific period, and to renew that right at the end of the period, provided you pay a renewal fee. The name isn't yours - the right to use it is.

  MAJ 11:27 23 Mar 2008

Also, you can sell it for whatever you want or are offered, you don't have to sell it at the domain's 'going rate'.

As a slight aside; Considering the owming of a domain. There have been a few courts cases in past years about domain name ownership, not least with Microsoft a few years back. If I, for example, registered "pc-advisor.co.uk", isn't it true PCA could lodge a complaint and strip me of the domain name. Seems like it depends on how you define 'ownership' or 'right to use'. Just a thought, nothing to do with your thread, setecio.

  MAJ 11:30 23 Mar 2008

Lol, just noticed there is a site, under construction, with the domain name pc-advisor.co.uk.

  setecio 12:12 23 Mar 2008

Thanks.

>>>> You can't transfer names within a certain period after registration, or prior to renewal - full details of the various restrictions will be available from your host. <<<

So if you register a new domain name, and if someone then approaches you to buy it, might you find that you can't transfer ownership for 2 years, if the host has that in their t&cs ?

Could the same thing happen if you buy a name that has already been in existence for some years .... ie. buy the right to it and then find you can't then re-sell it for 2 years ?

Companies can lock you as the only rightful owner for 2 years ? Can they legally do this or is there a way out. If you've paid £5 for 2 years, should they not allow you to transfer as you don't owe them any money ?

  MAJ 12:21 23 Mar 2008

"might you find that you can't transfer ownership for 2 years........."

It's usually something like 30 days before and after renewal.

  Forum Editor 12:50 23 Mar 2008

and in some cases - .info names for instance - it doesn't exist, you can transfer at any time. In general however, you'll find that a domain name cannot be transferred within 60 days of registration, or within 60 days of its forthcoming renewal date.

You'll not be charged a transfer fee by the high-level domain adminstrator (Nominet UK,Network Solutions, etc.), but you may well find that your domain registrar - that's the company which first registered the name for you - will make a small administrative transfer charge.

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