Transferring an existing domain name entails changing the domain registrar that provides the domain registration service, so after the transfer itself, you will have to manage things like renewal payments or DNS resource record 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 involve different steps, but in the general case transferring a domain name entails a few basic procedures and one of them is unlocking the domain. The domain lock is a safety option, which is being embraced by more and more domain name registry organizations. It is a standard feature supported by all generic TLDs. If a domain name is locked, it won’t be possible to start a transfer procedure, so no one can even try to snatch your domain name. The domain lock can be annulled only through the account where the domain name is registered and all new domains that support this functionality are locked by default the moment they are registered.