Also called AGP
Add Grace Period, explained
The AGP is a registry-to-registrar mechanism, not a consumer refund policy. In .com it is five calendar days. Whether you get money back for a quickly deleted registration depends on your registrar's own terms. Since 2009, ICANN's AGP Limits Policy has barred registries, absent an exemption, from crediting a registrar for AGP deletions beyond the greater of 10% of its net new registrations in a month or 50 names.
The limit exists because the AGP was abused. Domain tasting registered large numbers of names, kept the few that drew parking revenue within the window and deleted the rest at no cost; domain kiting chained deletions and re-registrations to hold names without paying. For an investor today the practical point is simple: the AGP is not a free trial. Treat every hand registration as a cost you will carry for at least a year, and check spelling, extension and trademarks before you buy rather than counting on a quick delete.
Example. An investor who registers a name with a typo and deletes it two days later may see the registry credit the registrar, but any refund to the investor depends on the registrar's terms.
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