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Re: [policy] When Tech Meets Policy...
On Mon, 13 Aug 2007, Chris L. Morrow wrote:
but today that provision is: If you buy a domain you have 5 days to 'return' it. The reason behind the return could be: "oops, I typo'd" or "hurray, please refund me for the 1M domains I bought 4.99 days ago!". The 'protect the consumer' problem is what's enabling tasting.
So combine these ideas with the possibility that someone will claim various consumer protection laws apply to these transactions and want to cancel the contract within three days.
Instead, why don't we have a three day waiting period when the domain is
"reserved" but not active. Grandma could notice her typo, credit card processor's could notice fake card numbers, and so on and rescind the registration.
After three days the sale is "final." Only then the name is made active in the zone files.
Do people really not plan that far ahead, that they need brand new domain names to be active (not just reserved) within seconds?