Originally posted by chris
Well, that would be pretty shady if you had to pay the losing registrar and gaining registrar a transfer fee.
Originally posted by chris
The question is whether or not the losing registrar honors the time you've already payed for.
I've read in the past where some registrars have been known to hold your money (if you've registered for more than one year) and pay the $6.00 Verisign charge on a per year basis. They would also fix their "own" Whois records to list your domain name as being registered for multi-years while it's actually only registered for one year.
Since your domain name is not registered for the appropriate time in the "main" domain name database, it would be up to the losing registrar to pay Verisign the true amount owed to register your domain name for its real timetable.
They could screw you and only credit you with a year. Read the losing registrar's terms and conditions very carefully.
Chris