Renewal Of Domain Names

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When you purchase a domain name , are you really purchasing or leasing the use of?

I recently received a notice advising me that a domain name I own is due to expire. The website was transferred from the particular server to WA.

The word purchase is misleading, why not just use the word lease.

Can someone please shed some light on the process of purchasing domain names?

I just learnt a second ago that there is no need to renew your whoisguard as it is covered by wa, unfortunately I wasted $5. as I had to renew by yesterday.

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Recent Comments

7

I think lease would be a better word.

I agree

Everything is regulated Courtney. The internet, Google, WA. If you follow the rules and keep re-renting you own it indefinitely!

you own it for the time you purchased it for and you have to renew or pay to extend the ownership of that name---a lease on the property or name

It's modern marketing psychology, you never really own anything completely these days. There are compliance charges, levies and license fees. We just have varying rights of use. Robert Kiyosaki once said even if your house is fully paid up, if you want to know who really owns it, stop paying the council or local municipality fees and see what happens.

You are technically renting a domain, rather than buying it, and in some circumstances it can even be taken away from you, even after you've paid for it!!

It can???? I had no idea! Thanks for sharing this!! I didn't know a domain could be taken away!

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