| Domain names are a symbol of you owning the | | | | So, how can someone who owns a domain name |
| name of that particular domain. Therefore, when you | | | | lose that right? It is actually very simple, every |
| register you domain name, you will be having your | | | | person who owns a domain name has to renew their |
| information publicly listed. With full control over your | | | | registration. If they fail to do so, they will get a |
| domain name, the web hosting company sometimes | | | | period of extend where they can buy back their own |
| still hide you information like your telephone numbers, | | | | domain name. If he fails to do so, that domain name |
| address and email addresses. Web hosting companies | | | | will be held for auction. On the other and, if the |
| of registrar do this if they provide you with the | | | | owner of that domain manages to buy back his |
| privacy service. Although they provide some sort of | | | | domain, he or she will have to face a certain penalty. |
| protection, this protection is powerful enough to | | | | The penalty will stand until that domain name is |
| protect you from spam but can do nothing about law | | | | released by the ICANN/ Verisign database. All this can |
| enforcement agencies. | | | | be avoided if the domain owner renews his |
| Well, mishaps could happen and you never know | | | | registration. |
| when something bad might happen. For instance, | | | | There is another situation where one can loose their |
| what happen if your hosting provider goes bankrupt? | | | | domain ownership if they hit into trademark issues. |
| With you domain name registered with them, how | | | | For this kind of problem, the solution is usually |
| can you prove that? Some companies will register | | | | obtained after a court trial. After the outcome of the |
| their clients' private details with another third party as | | | | trial, the registrars will the required action. Here is no |
| a precaution if they really go bankrupt. This is | | | | refund for any domain registration. What they will do |
| somehow disturbing because you own the domain | | | | is deduct the cost of registration. So, that is what |
| but don't have any power in the control of the | | | | you need to know about a domain ownership. |
| username, password and other information. | | | | |