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What is a Lease to Own domain?

Have your eye on the perfect domain but the price is a bit too high to pay at once? Lease to Own is a new option that lets you buy domains over time, making it possible to secure the domain of your dreams right now.

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What is Lease to Own?

Lease to Own is another method of buying a domain, different from what you may be used to. Lease to Own lets you pay for a domain monthly using pre-determined terms, rather than purchasing a domain for an up-front fee. This option can give you the flexibility to get the domain you need right now, even if you're still working on getting your business or venture up and running.

How does Lease to Own work?

Lease to Own lets you pay for domains over a specific period of time. You'll have the option to determine the term length and we'll automatically split the total cost of the domain (plus applicable fees) over the number of months you select. Here's a more detailed breakdown of how it all works.

  • Use the domain after first payment
    • After the first payment, we will work with the seller to transfer the domain to your GoDaddy account your account (usually within 5-7 days, but may take longer in some situations). Once it is transferred, you will have access to manage the DNS, however, other domain management options are restricted during the lease period.
  • Gain full control after final payment
    • Once all Lease to Own installments have been paid, registration of the domain officially transfers to you and you will have full access to manage or move the domain freely.
  • Stop at any time
    • Buyers with an active Lease to Own agreement can cancel the contract at any time. Sellers cannot cancel a Lease to Own contract as long as the buyer is making payments. If you cancel a contract, you willingly forfeit any payments made up to the cancellation and there will be no refunds available. The domain will be returned to the original seller and the buyer won’t receive ownership of the domain.
  • Early payoff
    • If you wish to have full control of the domain earlier than your originally contracted lease you can complete payment for any remaining installments at any time.
  • Long term service fee
    • Long term service fee is a fee percentage added when you pick a period longer than 1 year. The fee is included in the price you see in the Lease to Own dialog.
    • The service fee covers the transfer and renewal expenses of the domain, hosting DNS, providing support for years, and the recurring monthly payment processing expenses.
    • Service fees by term:
      • 2–12 months: no service fee
      • 13–24 months: 10% service fee
      • 25–36 months: 20% service fee
      • 37–60 months: 30% service fee

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How do I buy a domain using Lease to Own?

Lease to Own is currently available for a limited number of domains when searching on GoDaddy. When viewing your domain search results, select the option for Lease to Own and choose your term.

Note: All Lease to Own payment terms will show as USD on your contract, even if the contract was set up in a different currency. Your monthly payment amount may change if you adjust your account's currency selection.

How do I manage my Lease to Own domain?

Lease to Own domains will transfer to your GoDaddy account but have limited access for the duration of the lease. During this time, you'll have access to only the DNS settings. After the domain is paid in full, it will be released fully to your control.

Are there any restrictions for Lease to Own domains?

Lease to Own is available for most domains, but there are a few exceptions including most country code top-level domains (ccTLDs), and the following extensions:. NYC, .ORGANIC, .VOTE, .LAW, .BLACKFRIDAY, .HIV, .TATTOO, .VOTO, .SYDNEY, .AMSTERDAM, .JUEGOS, .GIFT, .NRW, .SEXY, .PHOTO, .RUHU, and .MELBOURNE.

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Who can I contact for domain support?

Your support options will depend on what part of the process you're currently on.

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