yaman, please read my previous posts from 2006-2008. I've published on this topic quite a bit over the years, and as a refresher, will summarize main regulations below: 1. Current Regulations. Currently, new EDU registrations are reserved only for institutions accredited by agencies on the US Department of Education list. Legally there is no geographical restriction for new EDUs, and a number of foreign universities accredited by US accrediting agencies have .EDU (e.g. www.london.edu - London Business School). 2. Grandfathered Clause. Prior to 2001, EDU domains were managed by NetworkSolutions, which had somewhat different rules than the current registrar. As a result, when the US Department of Commerce transferred the administration to Educause, they stipulated a grandfathered clause. The grandfathered clause states that any EDU registered prior to 2001 does not need to meet accreditation requirements and other post-2001 stipulations (such as the 1 name per school restriction). As a result, there are many non-university organizations that own EDU, including high schools, museums, associations, and for-profit corporations. 3. EDU Deals. EDU domains may not be bought or sold directly, only via ownership transfer of the registrant. Hence, all edu sales on paper are structured as the acquisition of the school + its domain. This really doesn't affect anything, but people should be aware of this regulation. This is why the header states "School for Sale". PM me if you have any questions.
That was a great explanation! Very thorough, good luck with the sale wish I could afford to bid on an edu domain.
KyserSoze, thanks for your kind words. I've been trying to set the record straight for EDUs for many years as there are quite a few myths about the regulations of this gTLD.
The last day to submit offers is next Wednesday (Mar 16). If you have any questions, please contact me via PM (do not post in the thread). Thanks!
Socialwebexpert, what did you mean by "what happen if they close this?" Please clarify...who will close what?
Bushramen, because of dollar value ($xx,xxx) transactions of this type typically go through escrow services.
no way! It's not .edu ... it's edu.pl or other ext. its not a direct domain. I've seen this done and you can get it for way less than he offers. He can't show you the link because he don't have .edu bottom line. Here's what I'm talking about and someone is selling subs for $3 - www.edudomain.edu.pl
No, it's legit, he's selling a real ".edu" for someone else. Technically you can't sell a ".edu" so he has to sell the whole "school", even if there's no real school if you get my drift. I saw the domain and it's a true ".edu"
I got an infraction for sharing a relevant link (not mine) on this thread? and yet the other links above is still here?. It seems weird
DeluxeNames and ninanu1220, thanks for your good references. As I wrote before, it's an actual grandfathered .edu (NOT .edu.xx).