Transferring an existing domain entails changing the domain registrar that handles the domain registration service, so after the transfer, you’ll have to manage things like renewal payments or DNS record updates through the new company. The transfer procedure is standard with most generic and country-code domain extensions. Some country-code extensions are more specific and involve different steps, but in the general case transferring a domain name entails several basic steps and one of them is unlocking the domain. The domain lock is a security option, which is being adopted by more and more registry organizations. It is 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 process, so nobody can even try 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 feature are locked by default the moment they are registered.