Transferring an existing domain entails switching the company that handles the domain name registration service, so after the transfer itself, you’ll have to manage things like renewal payments or DNS record modifications through the new registrar company. The transfer procedure itself is standard with most generic and country-code domain name extensions. Certain country-code extensions are more specific and involve different procedures, but in the general case transferring a domain entails several basic procedures and one of them is unlocking the domain name. The domain lock is a safety feature, which is being adopted by more and more domain registry operators. It is a standard feature supported by all generic Top-Level Domains. If a domain is locked, it will not be possible to start a transfer process, so nobody can even try to snatch your domain name. The lock can be annulled only through the account where the domain is registered and all new domain names that support this functionality are locked by default the moment they are registered.