Hostgator Questions : absolute beginner to domain reseller concept

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For Hostgator FAQ or any questions about hostgator webhosting or hostgator sales read this query posted by Unregistered on 19 January 2006

Exactly how does this work with a reseller plan such as Aluminum.
If someone contracts with me to build and maintain a site and I register a domain name for them.
1. Is it registered in my name or theirs?

and lets say…at some point they want to work with another web developer to take their site to the next level, can I continue hosting the site and provide access to the developer? or

do they have to move their site to another host? and…
if they do have to or choose to host elsewhere, do I then need to sell them their own domain name?

I would appreciate any kind soul who can give some clarity to a crazy person or (just plain idiot) who is teaching herself this whole process.

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