I feel other board members should know that I purchased red.ca from the seller and paid Escrow.com. The seller did transfer red.ca to me and requested that I release the funds right way. However, our agreement with Escrow.com was that we had 3 days to make sure that the domain name was in my account. When I checked on day one, it was there, but on day three it was not and the seller (through cira.ca) claimed the domain back. Escrow.com still has my funds as the seller claim's the returned domain is damaged goods. Currently I am out my funds and the domain name.
This transaction taught me that when buying a .ca domain name from a seller, that you must open an account at the sellers registry in order for a smooth transfer and the ability to change the contact information into the buyers name. Cira.ca puts a lock on all .ca domain names transferred from one registry to another. They do not allow the buyer to change the contact name for 60 days.. This means the seller's name stays on the .ca domain name for 60 days, allowing them to claim it back. (This does not happen with a .com, .net, .org). Cira.ca claims that this is in place to stop fraud, however what it actually did was allow a dishonest seller to try and walk away with both the buyers money and the domain name.
My lawyer stated today that Cira.ca is now in the process of looking to change this 60 day rule in light of what has happen to me and this transaction. Both Cira.ca and Escrow.com have been great with how they have provided the required information for my lawyer to issue a statement of claim against the seller.