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When your domain expires your current registry will usually give you a grace period to renew at the normal registration period. This can be up to 45 days but also much less. After that it will be sent to redemption where only the previous owner can renew it, this is at $80 normally. After the redemption process it goes into deletion status for 5 days. After the deletion process it is released to the public.
Use the status check at freewho.com to check the drop date, when it will go public once it enters redemption.
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