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What is the Redemption Grace Period (RGP) and is it available on .coop domains?

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What is the Redemption Grace Period (RGP) and is it available on .coop domains?

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The Redemption Grace Period (RGP) allows registrants to have an additional time period to renew a domain name that has expired at the discretion of the registrar. DotCoop does not support Redemption Grace Period Processing for registrants at this time.

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