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A domain name assignment is the transfer of an owner's property rights in a given domain name or names. Such transfers may occur on their own or as parts of larger asset sales or purchases. Domain name assignments both provide records of ownership and transfer and protect the rights of all parties.
Anyone can buy a domain name. To do so, you visit a domain name registrar, such as A2, GoDaddy, or Namecheap, key in the domain you want to buy, and pay a fee. You can't buy just any domain, of courseonly one that isn't already registered by another person or business and that bears a valid domain suffix.
Domain names are owned by whoever first registered the web address with an accredited registrar, such as Domain.com. In order for that person to maintain ownership, they have to pay registration fees and ensure that all of their contact details are up to date.
Domain names are grouped according to their ending, and are allocated by means of application to the relevant body maintaining the register of domain names with a particular ending. The most popular of the domain name endings - .com is administered by an American company called Network Solutions Inc ("NSI").
How to Register a Domain NameFind a domain name registrar.Search for your domain name.Finalize your domain name choice.Choose a domain name suffix, such as .com or . net.Purchase the domain name.Add Domain ID protection.
A common misconception is that registrars sell domain names; these domain names are actually owned by registries and can only be leased by users.
The right to use a domain name is delegated by domain name registrars, which are accredited by the Internet Corporation for Assigned Names and Numbers (ICANN), the organization charged with overseeing the name and number systems of the Internet.
The Internet Corporation for Assigned Names and Numbers (ICANN) is the non-profit organization that oversees the assignment of both IP addresses and domain names.
The legal owner of a domain name is the person and/or organization listed as the domain's registrant or owner contact. Domains typically have four contacts: registrant/owner, admin, technical, and billing. These can be the same person or different people.