Transferring an existing domain name entails switching the registrar company that provides the domain name registration service, so after the transfer itself, you will have to manage things like renewal payments or DNS resource record updates through the new domain registrar. The transfer procedure itself is standard with most generic and country-code Top-Level Domain extensions. Certain 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. The domain lock is a safety feature, which is being embraced by more and more domain registry organizations. It is a standard feature supported by all generic top-level domain names. If a domain is locked, it will be impossible to initiate a transfer process, so no one can even attempt to register your domain. The 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 when they are registered.