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do I tell my client to make the account and purchase? What's the standard procedure in these situations?

The "standard procedure" is, "it depends"

Are you going to be charging them an ongoing maintenance/retainer fee to manage their site?

Or is this a one-off, hand-them-the-keys-and-walk-away deal?

If you're going to be managing it, wrap the hosting charge into your retainer/maintenance fee.

If it's a one-off, get them to register and pay for it.

Neither is "better" – it really depends on your business model