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question Trademark Search Clarification

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DomainBeam

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I'm new to this and need some clarification on the proper way to conduct a trademark search...

Let's say I conduct a trademark search via http://tmsearch.uspto.gov (TESS search) in relation to the domain name suitedeck.com. The results show me one record titled "The Suite Life on Deck" and that this trademark is registered as a service mark.

1. Does this mean I should not own the domain suitedeck.com
2. Am I conducting a trademark check correctly?

Thank you SO much for helping!
 
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