Transferring an existing domain name entails changing the company that handles the domain name registration service, so after the transfer itself, you’ll have to manage things like renewal payments or DNS entry updates through the new registrar company. The transfer process is standard with most generic and country-code TLD extensions. Certain country-code extensions are more specific and entail different procedures, but in the general case transferring a domain entails a few basic procedures and one of them is unlocking the domain name. The lock is a security feature, which is being adopted by more and more domain registry organizations. It is a standard feature supported by all gTLDs. If a domain name is locked, it will be impossible to initiate a transfer procedure, so no one can even try to register your domain name. The lock can be annulled only through the account where the domain name is registered in the first place and all new domains that support this option are locked by default the moment they are registered.
