Domain Registration and Domain Transfers
To own a domain you must register it every year. The charge for this is between $10 and $45 dollars. YVOD charges $10.
Each domain has three “Contacts” associated with it. The Registrant (that’s you) actually owns the domain and receives all administration emails relating to the domain. The Billing person receives notices when the domain is about to expire. The Technical person has authorization to update information about the domain. Ideally you want all three to be different people in order to enable to most people to fix any problems.
You alway own the domain. It does not matter who “hosts” it.
Hosting fees are separate. Each hosting company has their own business model. GoDaddy wants to host millions of domains
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