Transferring an existing domain name involves changing the registrar company that provides the domain registration service, so after the transfer, you will have to manage things like renewal payments or DNS modifications through the new company. The transfer procedure is standard with most universal and country-specific Top-Level Domain extensions. Some country-code extensions are more specific and entail different steps, but in the general case transferring a domain name involves a few basic steps and one of them is unlocking the domain name. The domain lock is a safety feature, which is being embraced by more and more domain name registry operators. It’s a default feature supported by all generic Top-Level Domains. If a domain name is locked, it will be impossible to initiate a transfer process, so no one can even try to take your domain. The lock can be annulled only through the account where the domain name is registered in the first place and all new domains that support this functionality are locked by default the moment they are registered.