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