Redemption Period for .com and .net

Article No. 23
Created: 02:43 PM 03.20.03
Author: HPU Support [Link: support@homepageuniverse.com]
Original URL: https://my.homepageuniverse.com/support/knowledgebase/question.php?qstId=23

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 $150 and 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 you to Renew a domain that you did not intend to let expire. However, the process is costly, both in fees and in effort. We discourage you from using the Redemption Period and to renew your 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 need to make use of the new Redemption Period for .com and .net please contact support@homepageuniverse.com [Link: mailto:support@homepageuniverse.com] for more information.

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