What is domain Redemption Period Status?
The Redemption Period is a 30 day, Registry-imposed hold period. Domains reach the REDEMPTION PERIOD state if they have been EXPIRED for at least 40 days, have NOT been renewed by the owner, and the drop domain process has run. Normally domains would be deleted at this point, but the REDEMPTION PERIOD provides the owner with one last chance to recover the domain before it’s dropped and potentially registered by a new owner.
For more information you can also check our Blog page here: http://www.tmdhosting.com/blog/domain-name-lifecycle.html