An LRU about this process has just gone out. In order to address your question properly I will provide the relevant snippet out of the LRU for you.
<Snippet> 2. New 'Redemption Period' implemented for .com and .net -------------------------- The registry operator for .com and .net (including Internationalised Domain Names) has implemented a 30 day Redemption Period. The Redemption Period is applicable for domain names that have expired and is in addition to the grace period that follows the expiry of a .com or .net registration. Domains names that are not renewed within 40 days of their expiry date can now be restored during the Redemption Period that starts 45 days following the expiry date and ends 75 days following the expiry date. The Redemption Period differs from the Grace Period in several Important aspects. *** Domain names must be 'redeemed' before they are renewed. The redemption process established by the registry is a separate, manual procedure that must be completed before the redeemed domain can be renewed. *** The Registry charges a substantial Redemption Fee to redeem a domain name. The redemption fee is in addition to the standard renewal fee. *** During the Redemption Period the Verisign Global Registry WHOIS will show the domain status as "REDEMPTIONPERIOD". The Redemption Period provides a final opportunity for Registrants to Renew a domain they did not intend to let expire. However, the process is costly, both in fees and in effort. Registrants should be discouraged from using the Redemption Period and encouraged to renew domains before expiry or during the grace period when a renewal can be conducted with the registry in real time and for no additional cost. If you have customer who needs to make use of the new Redemption Period for .com and .net please contact your Account Representative or [EMAIL PROTECTED] for more information. </Snippet> If any of you have questions, please contact your account manager, or [EMAIL PROTECTED] Thanks, Peter Ejtel Sales Manager Tucows Inc. [EMAIL PROTECTED] 1-800-371-6992 Ext:2020 -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of Swerve Sent: Thursday, February 13, 2003 4:01 PM To: Discuss List Subject: Re: OpenSRS Live Reseller Update [.com/.net & .name] - 13/02/03 Can someone from Opensrs refresh me about the details about the Redemption ? >From what i recall, this is after the 40 day expiry, and before total deletion or before the domain becomes registrable. How many days/weeks is that time now or when it becomes implemented? tx, Swerve > From: George Kirikos <[EMAIL PROTECTED]> > Date: Thu, 13 Feb 2003 12:49:40 -0800 (PST) > To: Ben Kennedy <[EMAIL PROTECTED]>, Discuss List <[EMAIL PROTECTED]> > Subject: Re: OpenSRS Live Reseller Update [.com/.net & .name] - 13/02/03 > > Hello, > > --- Ben Kennedy <[EMAIL PROTECTED]> wrote: >> On 13 2 2003 at 3:35 pm -0500, OpenSRS Replies wrote: >> >>> *** The Registry charges a substantial Redemption Fee to redeem a >>> domain name. The redemption fee is in addition to the standard >>> renewal fee. >> >> Would anyone have the insight to let us know what this substantial >> fee >> actually is? (Like, in dollars?) > > > USD $85 WHOLESALE. That's Verisign monopoly power for ya. > > Sincerely, > > George Kirikos > http://www.AutoInsurance.ca/ >
