Ok.. forgive me for sounding very stupid!! I've recently just aquired living - space. c o. u k - bought through 123-reg. Now i mentioned to a mate that I have been approached by a company asking me how much I want to sell it for. He question was do I rent it or do I own it??? Now this has confused me. Can people buy domain names outright? I thought it was just bought on a renewal basis... which I guess is renting. Is this going to affect me selling it? And should I actually tell the company I only own it for 2 years????? Very very confused!!!