Real prize of domain?

MunkZator

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Hi,
I want to buy an domain, lets say from namecheap, First year is for 0.79 + that whois privacy thing. After a year I have to pay 27.99, it is .online domain. What happend if I do not want the domain after year anymore? Do I have somekind of contract with them after I buy it with that prize of 0.79? Like do I must to renewal the domain and pay renewal fee? Or can I leave ot like that, buy for example hundred domains for low fee 0.79 for first year and then leave them like that? Do they simply delete these domains if I do not pay the renewal fee without any charge?
 

3bisu

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"price" if you don't renew the domain they will drop it, thats all
 
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