Transferring an existing domain entails switching the registrar company that handles the registration service, so after the transfer, you’ll have to manage things like renewal payments or DNS entry modifications through the new company. The transfer procedure is standard with most top-level domain name 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 name. The lock is a safety option, which is being embraced by more and more domain name registry operators. It is a default feature supported by all gTLDs. If a domain is locked, it will not be possible to initiate a transfer procedure, so nobody can even attempt to register your domain name. The domain lock can be annulled only through the account where the domain is registered and all new domain names that support this functionality are locked by default when they are registered.