The redemption period is known as ” grace period ” for upto 30 days that once a domain registrar deletes a domain name after the domain expiration date , the domain owner still has a validity for 30 days to gain the same domain. This deletion normally occurs sometime within the first 45 days after a name expires without being renewed.

Instead of actually being deleted and re-available for registration within a few days, what happens is the central VeriSign registry holds the name in a new “REDEMPTIONPERIOD” status. The grace period basically gives the original domain owner a chance to renew their domain name.

After the Expired period, a domain goes into a second stage called the redemption (or On Hold) period. For 30 days, the original domain owner still has the option to renew the domain, but must also pay a $175 fine.