You won’t receive the ownership of the domain and the domain will be returned to the original seller. When you opt to cancel a transaction, the received installments will be kept by the seller. Sellers can’t cancel the contract, as long as you do not miss any final monthly payment deadline(s).
You can cancel an installment transaction whenever you want. When the final installment is paid for, we will assist you with transferring the domain to a registrar of your choice and changing the ownership records of the domain. ) Domain transfer after the final installment is paid.
Once the transfer is done (this can vary per domain since some registrars approve transfers only after 5 days) you can manage the DNS of the domain via your Buyer Control Panel. After the first payment, our system automatically transfers the domain to our own holding registrar to keep it safe and available for you.