NameBargain warning:

http://www.namesarecheap.com/news.shtml

Beware people!

Thank you very much!

I just visited NameBargain.com to check this out. I couldn't see anything to this effect at the appropriate place this should have been pointed out:

http://www.namebargain.com/faq/transfer-ownership.cgi?1|2090806913|CO5689

Here is what is clearly mentioned on this page:


Why would I need to transfer registrant of a domain name?

In the event that you would like to buy or sell a domain name, the only way to legally change the registrant information on file for the domain name is to undergo an official Transfer of Registrant for the domain name.


How much does it cost to transfer registrant of a domain name and which registrant is responsible for the fee?

The fee for transferring registrant of a domain name is $5.99, which can be paid for by the current registrant, the prospective (new) registrant, or a third party. However, the prospective (new) registrant is held responsible for the fee, if it is not paid.

The remainder of the existing registration term is then transferred to the new registrant.


Okay... so now I click on the URL below to check out their Service Agreement. This is what is mentioned there:

http://www.namebargain.com/service-agreement.cgi?1|2090806913|CO5689

Fees

As consideration for Registrar's domain name registration, administration, and renewal services, you agree to pay Registrar, upon submission of your domain name application, renewal application, registrar transfer to Registrar or registrant transfer application, the then-current fees set forth in the Registrar price schedule for such services. (Click here to view NameBargain.com's current price schedule.) All fees are non-refundable, in whole or in part, even if your domain name registration is suspended, cancelled or transferred prior to the end of your then current registration term. Registrar reserves the right to change fees, surcharges, renewal fees or to institute new fees at any time, for any reason, at its sole discretion.

Clicking on their Pricing Page doesn't mention anything about a subsequent FULL AMOUNT payable the next year.

Hmmm... so they reserve the right to change fees at any time. This seems to be a standard clause inserted by most companies. That shouldn't worry us too much. But nowhere on either of the three pages mentioned above do they mention that one would have to pay the FULL AMOUNT of US$35.

I think I will now email NameBargain.com to clarify this matter further. Thanks for your post bringing this to our attention, Matt.

Learner

[Edited by Learner on 09-27-2000 at 02:31 PM]