What Is Proof of ownership? Domain Glossary

Why it matters

A buyer or escrow agent wants to know the seller can actually deliver the name. A simple test is for the seller to add a unique TXT record that the other side names, since only the real controller can change DNS. Other proof includes registrar screenshots with details visible and registration data that matches the seller. Screenshots alone can be faked. Sellers should be ready for this request and not be offended by it. A common mistake is a seller who cannot access the registrar account at all. Fix account access before listing a name for sale.

Source: knowledge.workspace.google.com

Related terms

Registrant: A registrant is the person or organization listed as the holder of a domain name registration. The registrant holds the right to use the name and is responsible for renewals and accurate contact details.
TXT record: A TXT record is a DNS record that stores text. Today it often holds machine-readable data, such as domain ownership proof and email sender rules like SPF.
Due diligence: Due diligence is the checking a buyer does before paying for a domain. It confirms who owns the name, whether it carries legal or technical problems and whether the price is fair.
Domain theft: Domain theft, also called domain hijacking, is taking control of a domain without the owner's permission. Thieves often steal registrar account logins or trick the registrar into a transfer.
Auth code (TAC): A secret code from the current registrar that proves you may move a domain to another registrar. ICANN's updated policy calls it a Transfer Authorization Code (TAC). Other names are EPP code and transfer key.

All 205 terms

Why it matters

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