The .biz domain name is intended for use of legitimate and commercial businesses unlike any other domain name registration company. The owners cannot sell their trademark to anyone or any company that has the same name.
Several stages comprises in registering for a .biz domain name. The first phase is when the registrar starts getting applications from different website owners. This is not the only thing that is included in this phase. There is also an Intellectual Property (IP) Claim Service that every owner should file for. Owners need to file this for their business or company to have its own trademark.
But applying for an IP does not guarantee or have no assurance that the chosen .biz domain name is already reserved to the ones who have selected them. Therefore, a single domain name can be filed by one or more companies on the same IP claim.
Filing for an IP is for informational purposes only. The owner who have filed will be notified early on in starting phase whenever someone else have filed an IP claim for the same domain name.
The next phase is where duplicate name owners are able to file an appeal or a case against the other domain name owner. This is the Start UP Trademark Opposition Policy. This states that only when a website owner has proven that the replicate domain name is used improperly will the other application be put on hold.
The process makes it possible for the rightful owners to know if their names are being use by another. They are given the chance to oppose the registration since the domain name registration will be put on hold for a specific period of time…CONTINUE
Article Taken From http://DomainNameRegistrationGuide.useful-tips.com
Written by Jed Baguio
Orginal Article Location:
What You Should Know About .Biz Domain Registration

