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Years Domain Name
Can someone help me understand domain name ownership?
So I bought a domain name last year, but now I'm being prompted to renew it for another £20 or so. Does this mean that I OWN the domain name and can sell it to other people if I wish? Or does this mean I'm renting the domain name, and if I wanted to pass it on to somebody else, I couldn't sell it?
A domain name is like renting an apartment.. You are renting the www.{your site name}.com , etc.. for a period of time. You cannot sell it and you loose it if you don't renew.. You can renew it under the other person's name if need be.. Depending on the domain holder/owner, you might be able to transfer in the middle of your "rental".. but it is much better to do it on renewal...
I have developed a number of websites and helped others with theirs and get started.
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