Transferring an existing domain involves switching the domain name registrar that handles the domain name registration service, so after the transfer itself, you will have to manage things like renewal fees or DNS modifications through the new company. The transfer process is standard with most generic and country-code domain extensions. Some country-code extensions are more specific and entail different procedures, but in the general case transferring a domain name involves several necessary steps and one of them is unlocking the domain. The lock is a security feature, which is being embraced by more and more domain name registry operators. It is a standard feature supported by all generic Top-Level Domains. If a domain name is locked, it won’t be possible 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 option are locked by default when they are registered.