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07. Domain names are licensed, not owned

    1. You acknowledge that the right to use a domain name is by way of licence. A registrant is a licensee of a domain name, not its owner.
    2. Expressions such as 'applying for a domain name', 'registering a domain name' and 'transferring a domain name' (and so on) are to be read merely as contractions of 'applying for a domain name licence', 'registering a domain name licence' and 'transferring a domain name licence' (and so on).
    3. A domain name licence is subject to its licence terms. It may not be used in breach of its licence terms. Many of those terms are registry requirements, beyond our control.

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