GoDaddy Universal Terms of Service Agreement Update

Go Daddy recently made changes to the Universal Terms of Service Agreement affecting Go Daddy® products and services. These are not major changes but still it does not hurt to know. As today Buying and Selling Domain Names has become a full fledged business for some..! So, the changes affected the following sections (And I would not say they are limited to these):

Section 1 (Overview)
Language was added to provide that changes or modifications to the Universal Terms of Service Agreement will be effective upon posting to the Go Daddy website. You will be able to tell when the Agreement has been updated by looking at the “Last Revised” date at the top of the Agreement.
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