Domain Sniping

Domain sniping is the practice of an individual registering a domain name whose registration has lapsed in the immediate moments after expiry. This practice has largely been rendered moot through ICANN's addition of the Redemption Grace Period (RGP), which allows registrants 30 days to reclaim their domain name. By law there are no perpetual rights to domain names after payment of registration fees lapses, aside from trademark rights granted by common law or statute.