Transferring an already registered domain name involves changing the registrar company that provides the domain registration service, so after the transfer itself, you’ll have to manage things like renewal fees or DNS entry updates through the new registrar company. The transfer process is standard with most domain extensions. Certain country-code extensions are more specific and involve different procedures, but in the general case transferring a domain name involves a few basic steps 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 top-level domain names. If a domain is locked, it will not be possible to initiate a transfer procedure, so nobody can even try to snatch your domain. The domain lock can be removed only through the account where the domain name is registered in the first place and all new domain names that support this option are locked by default when they are registered.