LACNIC finalizes the transfer and updates Whois, thus completing the transfer process.
LACNIC emails a Resource Transfer Agreement. Hard copy versions of this must be signed by both Buyer and Seller and mailed back to LACNIC.
LACNIC invoices the Buyer for the transfer fee ($1,000 – $1,500 depending on block size). The $200 deposit made by Seller at the start of the process is applied to this fee.
After LACNIC completes its diligence with both Buyer and Seller, LACNIC notifies both parties that the transfer is approved, pending payment of its transfer fee invoice and execution of its transfer agreement.
A LACNIC analyst will communicate with the Buyer and may request additional information such as company registration documents. If the Buyer has not completed the LACNIC preapproval process, LACNIC will ask them to justify their need for the IPv4 space.