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Why does it cost money to register a domain name?

What is the actual process of registering a domain? does someone actually own domain names before they are purchased? What are you exactly paying for when you buy a domain name, the processing of registering it? I am just confused how the whole process works and why it costs money to buy one.

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Basically, in order for your domain name to work, a lot of various servers throughout the world need to know about it and people need to maintain those servers. These people would like to earn a paycheck. This is an ok place to start reading: http://en.wikipedia.org/wiki/Domain_name_system#Domain_registration
As stated above peopl need to be paid to look after the name and register it throughout the worlds servers. Once you have a domain name name you need to have hosting which is a server that holds your pages. I suggest you visit http://www.hostingcouponoffer.com they come with a free domain name, unlimited webspace. Also 24 hours support through Hosting24. They come with templates to get your site up and running easily. When you go with the hosting enter discount code 25OFF for 25% off all their plans which are at $4.84 a month (with money back guarantee) Hope this helps Louise
When you register a domain name you do not buy the domain name, you actually rent it for a period of time. How long ? ... well its up to you. The process is really simple: 1) find domain name registrar. Personally i recommend http://www.papatiger.com (cheap, reliable, excellent customer support) 2) use their search to find a domain name 3) use your credit card to pay for your domain name It could happen that someone owed "your" domain in the past, but she/he didn't extend the registration. Why it cost money? Well ... look around you... everything costs...