Please advise, made stupid mistake.

[cristhom]

Last week I heard about domain names being sold for huge amounts of money. I thought, why don't I get involved? So, I looked around me to see what businesses were booming and I decided to buy two domains related to a stadium in my area. Well, the stadium is owned by a big bank, and I was excited and stupid enough to buy domains containing the bank's name! Obviously TM infringement. But it didn't occur to me that this would be an issue until I came across NamePros. Obviously, I will never use the site, nor will I try to sell it. I just want it to go away quietly. Do I contact the bank and offer them the names for free, or just keep quiet and sit it out for a year until they expire? So far I have not been contacted by the bank. Stupid, stupid stupid!

 

[Vlad]

you could just let them expire or delete them
anyway, if the bank contacts you, just tell them you'll let expire
as far as I know, if you do not do anything on it, it's fine.
but that depends

 

[MeanerDomainer]

When I started, I regged several demains like this:

"name of famous actress" + nude.com

After learning about common law trademarks on namepros, I cancelled the domains to minimize the chance of getting contacted by anyone.

 

[cristhom]

Host fixed problem

Thanks for your advice,
I contacted my Host and they were able to release the domains (and refund my registration fee as well!). Whew! That's a relief, I will be more careful now to only buy generic names.

 

[IAmAllanShore]

Glad to hear they refunded your money! Any harm in telling us the name of the host? We get a lot of "go#% $%# %#% my host!" sort of posts; it would be nice to know one that has seemingly "done right" by their customer.

-Allan :gl:

 

[DNQuest.com]

welcome to the neighborhood, and gratz on doing the right thing.

 

[cristhom]

followup response to posts

Thanks for the support,
The name of the host is Bluehost (bluehost.com). They have been great! I have been using them for a couple of years now. I like them much more than my old host (OLM).