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Internet Domain Name Sold For $872,320,000

It is only the domain name registrant or the administrative contact who are allowed to perform the registrant domain name transfer process. For conducting the registrant domain name transfer, most of the registrars only require a user name and password for the process. Besides, it is found out that there are also some registrar companies who require a notarized form or other formal recognition documents, but these are just depending on the certain county that the registrants resides in. Many people address this way to sell a domain name as using an escrow service. In here, you are applying a third party that will fundamentally cling to the buyer's payment while the dealing is absolutely done. As such, both the side of the buyer and the seller is protected. However, one of the bad impressions for the escrow service to sell a domain name is that you are putting another step to the process involves in the desire to sell a domain name, and another expense. In terms of a country by country basis, the common domain name extensions are based on the two-character ISO country codes and this is for the main reason that many countries offered these kinds of domain name extensions. Among such kind of domain name extensions is the .fr for France, .jp for Japan, and so on and so forth. Accordingly, the domain name renewal can be done any time, however, it is often made within a few months of when a domain name's term of time is about to reach its due time. In line with the period for the domain name renewal, it is generally considered that domain names can have a maximum of ten years of registration term that is affixed to them at any given period. Moreover, when you go for a domain name registration, you should know that the domain name that is entered into the domain name registration contact information is added to a database of all the available domain names. As such, your contact, billing, administrative contact, and also your domain name server or DNS is added to this database. Given such idea, it is no doubt that many companies or the domain name owners in particular have their own domain name extensions for a much better identification. It is in fact a general view that all of the domain name extensions, whether it is a dot com, dot net, dot org, or dot edu domain names, really play a great part for identifying a domain name. 

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