I did this, and have since regretted it. Ever since I registered my domain name with my ex-host I had one fundamental problem. My host kept the name servers pointed to their servers only. Forcing me to stay with them as my host.
This probably isn't as bad as the story gets, being frustrated I started to investigate the domain issue and found sedo.com who claim they have an 80% success rate in acquiring domains for you. Yes they are very expensive to use, but they got the job done like a charm!
The big issue is that sedo were able to obtain this domain from my host, without my host actually knowing who the domain was going to. I was not contacted from my host to say they were selling a domain I had originally 'bought' from them. I don't know much about the legalities here, but I can guess what they did was probably not legal.
This probably isn't as bad as the story gets, being frustrated I started to investigate the domain issue and found sedo.com who claim they have an 80% success rate in acquiring domains for you. Yes they are very expensive to use, but they got the job done like a charm!
The big issue is that sedo were able to obtain this domain from my host, without my host actually knowing who the domain was going to. I was not contacted from my host to say they were selling a domain I had originally 'bought' from them. I don't know much about the legalities here, but I can guess what they did was probably not legal.