Transferring an already registered domain entails changing the registrar company that provides the domain registration service, so after the transfer, you will have to manage things like renewal fees or DNS entry updates through the new company. The transfer process itself is standard with most generic and country-code domain name extensions. Certain country-code extensions are more specific and involve different procedures, but in the general case transferring a domain name involves several necessary steps and one of them is unlocking the domain. The domain lock is a security feature, which is being adopted by more and more domain name registry organizations. It is a standard feature supported by all gTLDs. If a domain name is locked, it won’t be possible to initiate a transfer procedure, so nobody can even try to steal your domain. The lock can be annulled only through the account where the domain is registered and all new domains that support this option are locked by default the moment they are registered.