Once in poor Faith, Always in poor Faith: Getting to Know the Domain Name You Purchase

You check under the hood before you purchase a car. You employ an inspector to look into every crack and crevice in a home you consider purchasing. You even smell the bag of lunch meat before you prepare a sandwich to invent certain it is still good. Why don’t you exercise the same due diligence before purchasing a domain name?

While registering a domain name may not require the same kind of initial investment as buying a car or home, the costs of buying the wrong domain name may far exceed even the nicest of homes. For example, whether you buy a domain name that incorporates the trademark of another (whether it be as a cybersquatter or typosquatter), you are exposing yourself to both financial and legal liability. Your best laid intentions may not be adequate to save you from a transfer order under the UDRP or to avoid statutory damages award of $100,000 per domain name under the ACPA. Regardless of what definition you attribute to cybersquatting, you need to know what you are getting yourself into when purchasing a domain name.

Original post by Domain Name News, The Domain Industry News, ICANN News, Registry News, Domainer News