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