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What Does Change of Ownership Mean?

Change of Ownership is a legal process which transfers the rights of a product or service from one entity to another. Change of Ownership may also be referred to as Change of Registrant (CoR), Transfer of Registrant, Account Change, Employee to Company Transfer, or Registrant Name Change.

Some cases which require a Change of Ownership are updating a name, organization, or email address. In some cases, it could be an individual or business.

Why is Change of Ownership Important?

Change of Ownership is important because the new verified owner of the entity assumes rights through this process required by the Internet Corporation for Assigned Names and Numbers (ICANN). ICANN is responsible for mandating policies and processes that all registrars, including ours, must follow.

If you need to update account information, a Change of Ownership process provides tangible evidence that the responsibilities and liabilities for said Web.com products have changed hands. This process protects the original business owner and new business owner should there be a dispute.

Once a Change of Ownership is processed, the original customer no longer has access, claim, or is authorized to discuss items on the account. The new business owner is recognized as the only authenticated contact, and they may add additional persons within their control panel.

Forms Needed

Network Solutions

Customers who want to transfer their domain name from Registrant Name Holder to Registrant Name Holder may initiate a transfer between accounts within the online account manager.

If a customer calls or emails stating their need to update the listed owner of the account, please see Transfers Within Network Solutions.

If the domain is registered to an organization and the current account holder email on file is not up to date, the customer would be referred to the manual Registrant Name Change Agreement (RNCA) form. The agent would send the form and instructions via email to the caller.

If the requester is able to supply the required documentation, the change is processed and both the new and now former owners are emailed letting them know. If it is missing information, they are replied to and told what was missing or incorrect and what further steps are needed to complete the request.

Web.com

Customers who want to transfer their domain name from Registrant Name Holder to Registrant Name Holder may initiate a Change of Ownership within the online account manager.

If a customer calls or emails stating their need to update the listed owner of the account, a ticket to the offline team is created, and they are sent an email with the Account Ownership Transfer Agreement form and instructions for filling it out.

If the requester is able to supply the required documentation, the change is processed and both the new and now former owners are emailed letting them know. If it is missing information, they are replied to and told what was missing or incorrect and what further steps are needed to complete the request.

Register.com

Customers should first use the Transfer of Registrant Activation form if the Transfer of Registrant feature does not appear under the Registrant contact through the online account manager.

If Transfer of Registrant feature exists, then the retail customer may initiate a Change of Ownership online. Change of Ownership is specifically used when the customer has associated services that need to be transferred with the domain name. Both parties must complete the Transfer of Registrant form as instructed.