Anyone can apply for an .am domain name. The full length of the domain name (including trailing .am) can not exceed 63 symbols.
Applications for “too generic” domain names may be refused.
If you do not pay renewal fees before the expiry date of your domain name its delegation will be suspended. Then you will have an additional thirty (30) calendar days to submit the payment. If you still do not submit the required payment your domain name will be removed, but new registration of the same domain name will be disallowed for an additional fifteen (15) calendar days, giving you last chance to return the name. Finally, it will become available for a new registration.