ARIN /8s ?

Karl and all,

Karl Auerbach wrote:
> 
> > As has been pointed out numerous times, an IP allocation is a LEASE, not a
> > SALE.  Just as a leased house is not an asset you can claim, neither is an
> > IP allocation.  Technically, ARIN will be leased a portion of the IP space
> > (just like RIPE and APNIC, and formerly NSI) from the IANA.
> 
> A "lease" is, under the law of most, if not all, jurisdictions, and under
> accepted accounting principles, a property right, which, in fact, does,
> and often must, show up on balance sheets.
> 
> To the extent that one can trace IP address space back to a US
> governmental authority, the handling of those property rights must accord
> with the various Constitutional requirements of due process.
> 
> (ARIN may yet have to deal with the issue that it is (or is not) an agent
> of the US government in these matters.)
> 
> And even if no governmental agency is involved, a "lease" doesn't mean
> that there are no reciprocial obligations on the lessor, such as a minimal
> term, the giving of notice of termination, etc.
> 
> In other words, waving the word "lease" around isn't going to offer much
> protection of a higher-level holder of IP space allocations/delegations
> [pick your word] jerks around a lower-level "leaseholder".

  Exactly!  And very well legaly put.
> 
>                 --karl--

Regards,
-- 
Jeffrey A. Williams
DIR. Internet Network Eng/SR. Java Development Eng.
Information Eng. Group. IEG. INC. 
Phone :913-294-2375 (v-office)
E-Mail jwkckid1 at ix.netcom.com