Domain names are used in various networking contexts and for application-specific naming and addressing purposes. In general, a domain name identifies a network domain, or it represents an Internet Protocol (IP) resource, such as a personal computer used to access the Internet, a server computer hosting a web site.
You have the option of registering your domain name for 1-10 years. If you select 1 year, your name will be need to be renewed annually in order to remain valid. If you select multiple years, your name will remain valid until that period is up.
Yes, you can anytime. The process is very easy, if you’re transferring the ownership with the same registrar, you just need to go to your domain control panel and select the option to transfer the ownership.
If you decide to cancel (delete) a domain from your account, you can do so at any time. When you cancel a domain name, it is immediately deleted from your account. You may wish to turn off auto renew instead.
To transfer your domain name to another registrant, you can initiate a change of registrant by contacting your current registrar. Your registrar will then ask for your confirmation via a secure mechanism (which typically will take the form of an email to the registered name holder).
This does not retain the original domain in the address bar, so the user will see it change and realize they were forwarded from the URL they originally entered. If you are forwarding knowledgebase.ninja to Name.com, the address bar will say Name.com. This is also called 301 forwarding.