Transferring an existing domain involves switching the domain registrar 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 company. The transfer procedure is standard with most TLD extensions. Certain country-code extensions are more specific and entail different steps, but in the general case transferring a domain entails several basic procedures and one of them is unlocking the domain. The domain lock is a security option, which is being adopted by more and more domain registry organizations. It’s a standard feature supported by all generic Top-Level Domains. If a domain name is locked, it won’t be possible to start a transfer procedure, so no one can even attempt to steal your domain name. The domain lock can be annulled only through the account where the domain is registered and all new domains that support this option are locked by default when they are registered.