RE: [registrars] Registrars Collecting on Multi-Year Registrations

["Bhavin Turakhia" <bhavin.t@directi.com>]

> The initial problem was if a customer buys a domain from you 
> for 5 years, and you only register it for 1 year.  And you 
> would let the domain auto-renew for the next 4 years.  After 
> the first year the customer sells the domain to somebody who 
> wants to use another registrar and the domain is transferred 
> away, will you refund the initial customer the money that you 
> never added to the years of the domain?  If you do not that is fraud.

I already covered this possibility. Understand that a transfer has to be
acked by the losing registrar. Therefore if someone did a transfer away
from us, we would essentially add those many years to the domain b4
ACKING the transfer

bhavin