[arin-ppml] ARIN-2012-1: Clarifying requirements for IPv4 transfers

[Owen DeLong]

> 
>> * The source entity will be ineligible to receive any further IPv4 address
>> allocations or assignments from ARIN for a period of 12 months after a
>> transfer approval, or until the exhaustion of ARIN's IPv4 space, whichever
>> occurs first.

> Also, how is "exhaustion of ARIN's IPv4 space" defined? Does this mean that if ARIN runs out, but then someone gives ARIN back a /8, I can go apply for it right away because the trigger happened?
> 

Good catch. I don't beleive that the ARIN runout clause should exist here. I suggest
deleting everything after the comma.

>> * The source entity must not have received a transfer, allocation, or
>> assignment of IPv4 number resources from ARIN for the 12 months prior to
>> the approval of a transfer request. This restriction does not include M&A
>> transfers.
> 
> I suppose this is a good reason to keep the lawyers employed doing M&A transfers, as those are more valuable assets. (More specifically, what this means is that the resale value I keep on my books for a /20 that I got within the last 12 months via transfer, allocation, or assignment is zero but the resale value of one received via M&A transfer is the market price for /20s.)
> 
> It also means that I should create multiple legal entities for receiving assignments, so that the timer doesn't keep resetting on the other space I've already received.
> 
> And is this retroactive, so that if I've just received an allocation the day before the policy went into effect I'm not ineligible to be the source of the transfer? I suppose this is a feature for long-time holders, as their space is the only space that is available for transfer. Can we kick this up to 5 years to further restrict the sell side of the market? Should help keep the prices high at least.

And people wonder why I say paid transfers are and have been problematic.

Owen