Transferring an existing domain entails changing the company that provides the domain registration service, so after the transfer, you’ll have to manage things like renewal fees or DNS record updates through the new registrar company. The transfer process itself is standard with most generic and country-code top-level domain name extensions. Certain country-code extensions are more specific and involve different steps, but in the general case transferring a domain name entails several basic procedures and one of them is unlocking the domain name. The domain lock is a security option, which is being embraced by more and more domain name registry operators. It is a standard feature supported by all generic TLDs. If a domain name is locked, it will not be possible to initiate a transfer procedure, so no one can even attempt to take your domain. The domain lock can be annulled only through the account where the domain is registered and all new domain names that support this option are locked by default when they are registered.