The domain name must be registered before you can use it. Every domain name is unique. No two websites can have the same domain name. It was created to make IP, or Internet Protocol, addresses more accessible and easier to remember. An IP address is a string of numbers, much like a phone number, that is assigned to every computer.A domain transfer refers to the process of changing the designated registrar of a domain name. Domain name transfer agreement is an agreement for transferring ownership of certain domain names from a seller to a buyer. This domain name transfer Document is drafted to be used as a stand-alone contract, and includes standard representations, warranties, and other risk-allocation provisions typical in stand-alone domain name transactions. A domain name can be any combination of letters and numbers, and it can be used in combination of the various domain name extensions, such as .com, .net and more.