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Celebrity domain name

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Hello. Just found this forum and I was wondering if you can clarify some doubts I have :)

What happens if I register a celeb domain name and build a fan site with it?

Can I be held liable for something? If so, what kind of problems?
Can the celeb request me to pay something if I use it?

I'm truly interested in building the fan site and I want to know pros and cons... thanks in advance!
 
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It all depends on your luck!. Typically what you are doing is called "cybersquatting" and could be infringing on a TM, which you really do not want to get invloved with.

Search this forum and you'll find plenty of ideas on whether you should go ahead with this fan site.

good luck.
 
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