Domain names are technically not owned; they
are leased for a number of years to domain
registrants. If the registrants fail to renew
their domain names, they are deleted from the
registry after the period of registration and
a grace period for re-registration have
expired. This means that you may be able to
take the opportunity to register these
pre-owned domains yourself! Back order service allows you to place a back order on a domain name, meaning that if the current owner fails to renew their registration,
domain registration company can snap it up for you the moment it becomes available.
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