Inter-Registrar Transfer, the 60-day lock is optional (2.Viewing)

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I'm going to say "ICANN" and "policy", but don't immediately tune me out. I promise this is interesting.

Did you know that under ICANN's Transfer Policy for Inter-Registrar Transfer, the 60-day lock is listed under reasons a Registrar of Record "may" deny a transfer (Section 3.7), but it isn't in the list of reasons they "must" deny a transfer (Section 3.8).

Transfer Policy

What does this mean? The 60-day lock is a right of the losing registrar, not a responsibility. It's optional.

To illustrate this, the image below shows a before and after of the WHOIS as I transfer a domain that is eight days old between two of our registrars. We are also the registrant so no customers were put at risk.

It's unfortunate that choosing to enforce a 60-day create/transfer lock became the industry standard.

Especially in situations like aftermarket domain sales where a two-month wait might kill a deal. Even more so when you also own the marketplace that made the sale and you know the transfer request is legitimate.

Just saying...
 
Why are people so incredibly obtuse that they don't (or won't) understand that registrars (especially those offering Expired Domains) require some sort of buffer zone to protect themselves from online payment fraud.

If GoDaddy or DynaDot or Snapnames, etc sells an expensive expired domain, and it turns out to be paid using a stolen or compromised credit card (the majority of these are reported within 45 days), and the thief is allowed to transfer out or sell off the domain immediately after purchase, then these registrars will have no way to cancel the transaction and recoup their funds or stolen domains.

This 0-day waiting period would be like ringing the dinner bell for all the 3rd world scammers.
 
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The article talks about registrar to registrar the 60 day lock is optional so technically communication between the two should be able to eliminate it in rare occasions where a deal hangs in the balance.
They're not going to want to assign the support people to deal with every domainer bitching about a transfer lock. They didn't give a crap about me when I tried to fight it - but I generally don't give them my business either. So maybe if you're a well known & trusted domainer that a registrar knows well and makes good money from you, then maybe they may make an exception.
 
I still don't see the benefit to the losing registrar to forgo the 60-day lock. They must like losing money and being ripped off by the burgeoning 3rd world scamming hordes.

"Hi I just purchased an expired domain today for $76,000 using 12 different credit cards, but I just sold it so I need to transfer the domain to a sketchy Russian registrar."
 

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