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What cycle do domains go through?
Here are some of the stages that make up the life cycle of a domain name:
Registration Period: 1 to 10 years.The domain must be renewed before its expiration date in order to keep all related services (e-mail, hosting, etc.) active.
Grace Period: once the expiration date is reached, the holder can still renew his domain at the same price for 45 days. Services (e-mail, hosting, etc.) are no longer available.
Redemption Period: the holder has another 30 days to keep his domain name. This is no longer a renewal but a restoration, which is a more expensive process. Services (e-mail, hosting, etc.) are still unavailable.
If the holder does not renew the domain, it will be permanently deleted. No further action can be taken for 5 days, the domain is then released and be registered by anyone.