Please don't flame me off of the board for asking the question! Thanks Now I have a domain I brought it for 1 Year When that ends I will have to pay the $12 again to have it renewed. Now You see people selling domains for lots more then $12 That's fine lots of links going to it but after that has been sold to them will they have to pay the $12 for next year, or are the people that are selling domains, for lots selling them for ever and the OWN them fully? I am a noob But I am learning so I am a good noob.
I hope I've not misunderstood your post! If you sell one of your domains to someone, they take full ownership of the domain and they have to pay renewals every year. The domain no longer has anything to do with you.
You have to pay for renewing your domain every year, unless you have done it for several years in advance at the beginning.
The payment will be yearly. Now regarding selling the domain, ppls selling the domain with any price it for them only (ownership value), once the time finish has to renew it other wise will be loose