Updating Holder

Information for completing the Trade Request Form

The domain name to be traded should be indicated in point 1 of the form. There may only be one domain name per request.  The trade form must be duly completed and signed by the future administrative contact, i.e. the representative of the new registrant.  The applicant must attach a new Registration form to the trade request form for the domain name in question, duly completed, dated and signed.  If the administrative contact does not work for the legal entity that holds the domain name and if he is submitting the registration request for and on behalf of the holder, a power of attorney, duly signed and dated, must be presented. This power of attorney must be provided on the headed paper of the legal entity and be stamped with the legal entity’s company stamp. The power of attorney must expressly refer to the fact that it has been granted for the purposes of registering and managing the domain name. This domain name must be clearly stated in the power of attorney.

To assist with administration, we recommend that you use our own Power of attorney. To avoid problems with circulation of information and postal deliveries (invoices, etc.), any changes relating to the company must be reported to DNS-LU.

Completing a trade request

The following steps must be followed:
The entity (natural person or legal entity) taking over the domain name must contacter DNS-LU if DNS-LU is to remain as the registrar for the new holder.

The trade is considered to be a new registration and requires a new Registration contract to be signed with the new domain name holder.

DNS-LU registers the Request and automatically sends the administrative contact an email to request confirmation of the trade. By confirming a domain name trade, the holder requests cancellation of the registration and loses all rights to use the domain name. DNS-LU shall only proceed with the domain name trade if it has all the required documents and if these have been duly completed.

Approving a registrant change request

A link in the email sent to the current administrative contact (see above) can be used to access an interface generated specially for the requested action. The administrative contact is asked to check all the current and future data that has been entered. He should then either approve or cancel the trade request. If the administrative contact does not respond within seven days, a reminder will be sent extending the time by a further seven days.

If there is a problem with the email address to which the confirmation request is sent, the trade may also be confirmed by fax. DNS-LU is responsible for preparing this document and submits it to the administrative contact for signature. This fax will establish the current administrative contact’s approval of the trade. This fax should be sent to DNS-LU who, as the registrar, issues confirmation on behalf of the current domain name holder/administrative contact.

If the trade request is not confirmed within the two weeks allowed, this request is cancelled. If confirmed, the trade is completed and a new registration period commences with the invoice being sent to the new holder in line with the price list in force.