If you do not
renew it, your domain name will be deleted from the main
registry and will stop working. Once the domaqin has been deleted, the domain is available for any other interested party
to register.
Once a domain
name expires, there is a 40 day "grace period" within
which a renewal is still possible.
After the grace period
has run out, your domain will enter what we call a redemption period. The redemption period starts 45 days following the expiry date and ends 75 days following the expiry date.
During the redemption period, you can redeem your domain for a fee of $100.00. The fee includes removal from redemption and a 1 year domain renewal for all domains except .ca, .cc and .tv (call). The redemption fee is imposed by the registry not Nicgrab.com.
After the redemption period expires, the domain will be deleted and made available for the general public to register.
You may be able to
register your domain name again, provided another party
does not register it before you.