Transferring an existing domain name entails changing the company that handles the registration service, so after the transfer, you’ll have to manage things like renewal fees or DNS resource record modifications through the new domain registrar. The transfer process itself is standard with most universal and country-specific Top-Level Domain extensions. Some country-code extensions are more specific and entail different steps, but in the general case transferring a domain name entails a few basic steps and one of them is unlocking the domain name. The lock is a security feature, which is being embraced by more and more domain name registry organizations. It’s a standard feature supported by all generic TLDs. If a domain name is locked, it will be impossible to initiate a transfer procedure, so nobody can even attempt to take your domain. The domain lock can be annulled only through the account where the domain name is registered in the first place and all new domain names that support this functionality are locked by default the moment they are registered.