Along with that, the registrant may wish to adjust companies for the reason that they are unsatisfied with the level of customer service that the companies provide or for any other reason. And in conducting the registrar domain name transfer, a registrant or the administrative contact should then perform the request through the new registrar company. aero for the air transport industry; .biz for reserved businesses; .com for businesses, commercial enterprises, or online services; .coop which is reserved for cooperatives; .edu for educational institutions and universities; .gov which is reserved for United States government agencies; .info for all applications; . But, there are some instances in the domain name auction in which the companies lose control of its name. So, if such happens it might have to pay a huge sum to the new owner to get it back. For particular mention, one of the reports has shown an example that the Business.com domain name was sold for $7.5 million. In terms of a country by country basis, the common domain name extensions are based on the two-character ISO country codes and this is for the main reason that many countries offered these kinds of domain name extensions. Among such kind of domain name extensions is the .fr for France, .jp for Japan, and so on and so forth. Generally, a person who owns domain names or the initial owner who is technically called the "licensee" of a domain name is the person or entity that is listed as the domain name registrant. Knowing who owns domain names can be identified on the application signed for a domain name that is submitted to the domain name registrar. In line with the period for the domain name renewal, it is generally considered that domain names can have a maximum of ten years of registration term that is affixed to them at any given period. So as it is given, the domain name registrant can only keep the domain name indefinitely by the process of the domain name renewal before the due date and time again.