Why it matters
ICANN's guide states the domain is held in redemption for 30 days, and then it is purged about five calendar days after that period ends. During pending delete the owner can no longer restore the name. Buyers who want a lapsing domain use a backorder service, since many people compete for the exact drop second. Sellers should not count on a name in this stage. Common mistake: believing a pending delete name can still be bought from its old owner. At this point the owner has lost the right to renew it.
Source: icann.org
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