A Complete Steps Guide to Transfer Domain Name Ownership

The domain is a valuable asset that plays a vital role in the creation of a website. In this digital era, when every business starts coming towards the internet, the demand for domain names starts rising. The majority of the time, the desired domain names are often taken by someone else. Therefore, selling and buying a domain name business start getting high profits.

Now, in 2020, anyone can buy a domain name at cheap rates and can sell according to the demand. There are many registrars from where you can buy .pk domain, .com domain, and many others. However, whether you need to sell your website domain or are new to the domain world, you must know how to transfer domain name ownership. Here, this guide will help you to transfer domain name ownership easily.

What Is Domain Name Ownership?

When it comes to domain name ownership, many beginners often don't know about what it is? The domain name ownership is a legal name given to the person who is the owner of the domain name. To be a domain name owner, you need to contact any registrar, select domain, and then need to pay registration services.

To maintain ownership, you need to pay a registration fee every year and need to ensure that the contact details are up to date. Although an expired domain name will also be considered your domain name, it will not be responsive. Also, if you need to look up who owns a domain, consider WHOIS lookup to find it out. But how to transfer domain name ownership? The following steps will guide you on how to transfer your ownership.

1. Know your Domain Name Subscription:

First, you need to know your domain name subscription period. Usually, you get a domain name for a year; in some cases, it can be for 2 to 3 years. But whatever the case is, if your subscription is ended, then as per the rules, you need to pay for it. Although, you can adjust everything with your buyer once you know when the subscription period will end.

2. Instruct Buyer to Set Up an Account with Registrar:

You need to tell the buyer to register an account with the same registrar who has registered your domain. This is the simplest method in which the same registrar is used to transfer the domain. Although, later on, the buyer can easily move it to the desired registrar.

3. Unlock The Domain:

Mostly in the control panel, the domain name has a transfer lock to prevent accidental transfer. You need to unlock the domain by going to the settings and clicking on unlocking the domain transfer option.

4. Request A Domain Transfer:

Once you unlock the domain, you will need the transfer authorization code. This code is often given at the time of purchasing the domain. The transfer authorization code verifies the real owner. The new domain owner will need to request a transfer through its account, which will require the domain authorization code.

5. Approve Request:

This is the last step where the domain owner requests the domain transfer, and the current owner gets an email notification. You need to approve it to start the transfer process.