Many people are very irresponsible when it comes to maintaining their
domains and this can lead to BIG TROUBLE.
Your domain is an exclusive right to a specific name that is
maintained by paying the annual registration fees. If you don't follow
the proper rules, that right can be revoked and you can lose the rights
to control the domain or you can incur severe penalties to regain the
rights back to a domain or you can lose the rights altogether allowing
it to be resold to someone else and lost forever
1. Maintain Your Domain Information:
You must maintain your domain information to be accurate and
especially make sure that the administrative email address used is
one that is working and that you can send and receive from.
If you change email addresses make sure to update your domain or
you may lose the right to transfer it or to access your domain
control keys. REMEMBER your domain email address is the way that the
registrar or hosting company reaches you for renewal notices and
also how they authenticate you as the domain owner.
2. You Are Responsible For Making Sure
Your Domain Is Current: When you buy a domain it can be from one
year to as much as 10 years. There are no hard rules for the amount
of time to prepay for your domain. Some people like to go year to
year...this way they can dispose of a domain if it does not work out
for their needs without major loss. Conversely some people buy a
domain for 2 or 3 years at a time...enough so that they need not
worry about it for a while yet not so long as to over invest and
some people with domains of high value prepay for 5 or 10 years.
What ever you decide it is YOUR responsibility to make sure that
your domain is renewed before it expires so write it down on a
calendar and treat it like a very important birthday.
Even though the registrar or agent who sold it to you will
generally send renewal notices they can not guarantee that the mail
is deliverable or you will receive the renewals so make it YOUR
RESPONSIBILITY to stay on top of this very important asset. If you
don't receive an invoice within one or two weeks of expiration
contact the party you purchased it from immediately.
3. What Happens If You Don't Pay Your
Domain Renewal: When your domain expires the whois record will show
the domain status as "Registrar Lock" and many registrars turn off
your domain DNS so your website becomes inactive. The domain system
allows a small grace period of 7 - 20 days for the original owner to
renew the domain after it expires and is under "Registrar Lock".
During this initial grace period only the former owner is give the
option of renewing the domain and it is protected from others buying
or renewing it. If you pay the renewal during the "Registrar Lock"
the domain will be renewed and reset back to "Active" status and the
registrar will reset your DNS and your site will come back online.
If you don't renew your domain during the "Registrar Lock" then
the domain goes into the "Redemption Period". Redemption generally
lasts for 30 days and is your last chance to renew the domain after
it has expired. Once the domain goes into redemption, a penalty
release fee must be paid to the central registry of the domain by
the registrar in order to recapture it. Once a domain is in
Redemption only the former owner is give the option of recapture the
domain however the penalty fee charged by the registrar to get the
domain out of redemption is generally $100-$200 plus the registrar
or agents normal renewal costs.
If you don't pay the redemption penalty fee, then the domain goes
into the "Deletion Period". Once the domain is in deletion the
former owner loses exclusive rights to renew or recapture the domain
and the domain will be made available for anyone to purchase as a
new domain. To make sure that the domain system is fair, the
registry will also notify all the other domain registrars throughout
the world that your former domain will be back on the open market
and if your former domain was popular, it may well get purchased by
a competitor or domain speculator before you have time to blink.
4. Avoid Domain Slammers: Many people
fall victim to domain slammers who send out ambiguously written
emails or letters in an attempt to make it seem that they are your
domain supplier and unknowingly get you to change to their services
(See this example by Domain Registry of America). The offers are
technically a sales solicitation and not illegal however they are
generally more expensive and can add to billing confusion and cost
down the road when your original domain supplier attempts to re-bill
you.
Summary: Treat your domain like any other financial asset and
proactively keep an eye on your domains expiration, passwords and
billing and you will not have anything to worry about.