Generally, a person who owns domain names or the initial owner who is technically called the "licensee" of a domain name is the person or entity that is listed as the domain name registrant. Knowing who owns domain names can be identified on the application signed for a domain name that is submitted to the domain name registrar. According to many domain name experts, there are really certain purposes why a certain domain name holder or companies sell a domain name. It is a common note that many of them just purchased a domain name for the purpose of reselling it. Most of the domain name holders sell a domain name after finding that it has no use for them, or perhaps when the third party shows some interest in buying it. Domain Name IP Address When we talk about domain name, we are basically referring to an address of a web site that is primarily intended for an easy and quick identification. Speaking of these user-friendly addresses for web sites, these help connect both computers and people on the internet. Given such fact, it is interesting to know that the domain name is understood as string of letters or numbers that is used to describe an IP address. Speaking of the top level domain name since this plays a large role in picking the right domain name for domain name registration; many experts have noted that before you go for a domain name registration, you should identify your top level domain. The .com is the most common top level domain that is used today, for it stands for commercial domains. Some of those companies who wanted to assess your domain name value offer such service for free with the use of an automated "valuation wizard" approach, and others are offering it with charge for a more personalized valuation. However, determining your domain name value will be made possible without those domain name appraisal services offered by some companies. Besides, it is found out that there are also some registrar companies who require a notarized form or other formal recognition documents, but these are just depending on the certain county that the registrants resides in. It is commonly noted that they require such documents for the domain name transfer process to prove that the registrant is the actual domain name holder.