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Old 09-04-2005, 05:51 PM   #4 (permalink)
Head Boy
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Join Date: Feb 2004
Location: England
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You can only "own" a lease on a domain name. This is because the IP resolution has to be done by a central authority, and the ownership data base has to be maintained. The annual fee covers the cost of this. Strictly speaking "buying" a name is the purchase of the lease from another owner. You don't buy a name when you pick up an unregistered one.

ICANN is the governing body. Verisign manages to .com and .net registration data bases.
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Baronets is the new name for my domain management services.

Porn synonyms - Clitoris added today.
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