Transferring an existing domain involves switching the registrar company that provides the domain name registration service, so after the transfer itself, you will have to manage things like renewal fees or DNS entry updates through the new registrar company. The transfer procedure is standard with most domain extensions. Certain country-code extensions are more specific and entail different procedures, but in the general case transferring a domain name involves a few basic procedures and one of them is unlocking the domain. The lock is a safety option, which is being embraced by more and more registry organizations. It’s a default feature supported by all generic top-level domain names. If a domain name is locked, it will be impossible to initiate a transfer procedure, so no one can even try to register your domain name. The lock can be annulled only through the account where the domain is registered and all new domains that support this functionality are locked by default the moment they are registered.