if i tomo want to sell my domain name to someone..what is the procedure? just taking money via paypal and giving that person my domain's username and password? .. or some other legal procedure?
If it's someone you trust and you the price isn't high then that's probably ok. No paperwork or anything is needed. If the price is high or there are trust issues (user has a bad reputation or hasn't traded here, or is a new member) then you may want to use escrow services such as www.escrow.com who hold it all in trust until both parties have completed and then hand it over. I haven't used them before though, but I gather it's a great safeguard.