Transferring an existing domain involves changing the domain registrar that handles the domain name registration service, so after the transfer, you will have to manage things like renewal fees or DNS record updates through the new domain name registrar. The transfer procedure itself is standard with most universal and country-specific domain extensions. Certain country-code extensions are more specific and entail different procedures, but in the general case transferring a domain involves several basic procedures and one of them is unlocking the domain name. The domain lock is a security feature, which is being embraced by more and more domain name registry operators. It’s a standard feature supported by all generic TLDs. If a domain is locked, it won’t be possible to start a transfer procedure, so nobody can even try to snatch your domain name. The lock can be annulled only through the account where the domain is registered in the first place and all new domain names that support this option are locked by default when they are registered.