What is the difference between leased and owned licensing ?

Owned Licenses (Enterprise Edition)
An owned license entitles you to the use of a product indefinitely (1 license per-server).  Additionally, your license includes a software upgrade subscription qualifying you for the receipt of new product releases free of charge. After the one year period ends, the customer can choose to remain with the last version downloaded or to renew the software subscription package for a small percentage of the original purchase price.

Leased Licenses (Admin, Pro, and Host Editions)
A leased license entitles you to the use of a product as long as your license subscription is active (1 license per-server, per-month). Additionally, your licensed license includes a software upgrade subscription qualifying you for the receipt of new product releases free of charge. Your product will cease to function as soon as your license subscription expires.

Domain Limits
You cannot pick and choose which domains the license limits apply to. If you have more domains then you would need to purchase the host or enterprise editions. The whole server is protected regardless of which license you choose. The license domain limits just allow users with few domains to pay less than a hosting company who might have thousands of domains on a shared server. Subdomains do NOT count towards your domain limits.

Full licensing terms are available at: http://www.danami.com/legal/licensing-terms
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