Avatar Posted by north 124 days ago (http://www.domainnews.com)
Category: Everthing Else On Domains | Tags: once bad faith bad faith domain purchase

You check under the hood before you purchase a car. You employ an inspector to look into every crack and crevice in a home you consider purchasing. You even smell the bag of lunch meat before you make a sandwich to make sure it is still good. Why don't you exercise the same due diligence before purchasing a domain name?





While registering a domain name may not require the same kind of initial investment as buying a car or home, the costs of buying the wrong domain name may far exceed even the nicest of homes. For example, if you buy a domain name that incorporates the trademark of another (whether it be as a cybersquatter or typosquatter), you are exposing yourself to both financial and legal liability. Your best laid intentions may not be enough to save you from a transfer order under the UDRP or to avoid statutory damages award of $100,000 per domain name under the ACPA. Regardless of what definition you attribute to cybersquatting, you need to know what you are getting yourself into when purchasing a domain name.
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