Transferring an existing domain name entails changing the company that handles the domain registration service, so after the transfer itself, you will have to manage things like renewal fees or DNS resource record updates through the new domain name registrar. The transfer procedure is standard with most TLD extensions. Certain country-code extensions are more specific and entail different steps, but in the general case transferring a domain involves a few basic steps and one of them is unlocking the domain name. The domain 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 name is locked, it will be impossible to start a transfer procedure, so no one can even attempt to take your domain name. The lock can be removed only through the account where the domain is registered and all new domain names that support this feature are locked by default the moment they are registered.