Transferring an existing domain involves switching the company that handles the registration service, so after the transfer itself, you will have to manage things like renewal fees or DNS updates through the new company. The transfer procedure is standard with most universal and country-specific domain name extensions. Certain country-code extensions are more specific and involve different steps, but in the general case transferring a domain involves a few basic procedures and one of them is unlocking the domain name. The lock is a security option, which is being adopted by more and more domain name registry organizations. It is a default feature supported by all generic TLDs. If a domain is locked, it will not be possible to start a transfer process, so no one can even try to take your domain name. 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 functionality are locked by default the moment they are registered.