A domain name registration provides several advantages. Firstly, it allows one to own a brand and has a legal right to use that brand in the Internet. Secondly, registering a domain name helps one to protect his/her intellectual property from infringement. Registration also provides one with a measure of security and protection against spam and other Internet abuse. Finally, domain name registration offers significant monetary and reputation benefits as well.
How to Profit from Expired Domain Name Registration
ICANN is the Internet Corporation for Assigned Names and Numbers, a non-profit corporation created by the United States Department of Commerce. ICANN is mandated by United States Federal laws to operate a Uniform Telecommunication Regulations (UCR) and a National Internet Registry (NIR). According to United States Federal laws, ICANN must register all its domain names with U.S. based registrars and maintain records of such registrations. As a condition for registration, ICANN restricts the names to which it reserves exclusive rights.
The expiration date of a domain name registration depends on various factors. Domain name registration expiries are indicated in a user Agreement or an Indication of expiration. The registration expiration date is normally two to three years after the effective date of registration. The reason for expiration may be due to accidental deletion, transfer or takeover of the registered entity, changes in the business structure, and legal requirements. Expiration date should be checked properly and if it is not properly maintained, the domain name registration may be cancelled.Read More