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What happens to domain names when they expire?
The domain is marked for deletion, and with most types of domain names this will place the domain name into a “Redemption Period” (also called “Pending Delete Restorable”) which is an additional window of time provided to recover the domain name. The cost to recover the domain will be more than the cost of a renewal, and recovery is only available to the former domain owner. The precise time when the domain is finally deleted depends entirely on what each Registry decides, but many domains will be deleted between 30-35 days after entering into the Redemption Period.
A third party expresses interest in the expired domain name via an online auctioning system, and upon the Grace Period ending, the abandoned domain is sold to the highest third party bidder. Abandoned domains that are auctioned off to a third party cannot be renewed or “redeemed”.
Tucows acquires the domain name for its private domain portfolio, and upon the Grace Period ending, the domain is not deleted. Should the former domain name owner inquire about obtaining the domain name via their Provider, the domain can be returned to them in a process similar to “redeeming” a domain. Additional recovery and administrative fees may apply.