Have You seen something like this?

[stuff]

Hello

What do You think of this? They charge $100, then You can get back the domain? Is it legal?


Whois ........net
INNERWISE, INC. D/B/A ITSYOURDOMAIN.COM

The domain ......net is current on redemption hold. If you are the current owner you have two options if you would like to have it again.
The first is to wait and re-register it as new after it has been dropped from the central registry. The second is to recover it under the "Redemption" program.
The central registry has adopted the new "Redemption" program in order to try and help in cases like yours. They keep deleted domains on ="Registry Redemption" status for up to 30 days. If, during that time, the registrar who deleted the domain wants it back, they can have it- FOR A FEE. This fee is quite high, in our opinion, but we have little say in the matter. We are not attempting to make a gross profit on this type of transaction, we are merely passing on the central registry fee.
So, if you want to wait and re-register your domain, you will have to wait for up to 30 days until the central registry drops the domain. If you want to recover it before then, the fee is $100.00 plus the cost of your renewal for at least one year. You may pay via cashier's check, money order, or by the default credit card in your account. Please indicate the domain, the number of years to renew and your preferred method of payment, and we'll begin the proceedings.
We STRONGLY recommend you do not wait to try and re-register your domain after it is dropped. There are cybersquatters running automated programs that are much more likely to re- register your domain first. You will either lose your domain forever, or you will have to spend many times more to get it back in that event. This is exactly the type of commonly-seen scenario that prompted the central registry to adopt this Redemption Period policy...We are unable to check this domain at this time


Thanks

 

[TopNames.com]

From what I understand, a registrar can charge for "saving" a domain from dropping. Maybe someone who works for a registrar can provide more details.

 

[stuff]

Originally posted by TopNames.com
From what I understand, a registrar can charge for "saving" a domain from dropping. Maybe someone who works for a registrar can provide more details.

Maybe

 

[mohno]

Just another case.
There was a domain which was registered with an OpenSRS's reseller and almost deleted and having high bid in NameWinner.
The reseller renewed the domain by thierselves finally. Now it belonds to them.

 

[DomainPairs]

I believe that the name still belongs to the original owner until it gets to pending delete - hence the use of the word redemption. The registry "fines" owners that forgot to renew $85. So in this case the registrar is making a charge of $15 for the admin to recover it. I think some others are charging more.