Transferring an already registered domain name entails switching the registrar company that handles the registration service, so after the transfer, you’ll have to manage things like renewal fees or DNS record modifications through the new domain name registrar. The transfer procedure is standard with most domain extensions. Certain country-code extensions are more specific and entail different procedures, but in the general case transferring a domain involves several necessary steps and one of them is unlocking the domain name. The domain lock is a security option, which is being adopted by more and more domain registry organizations. It is a default feature supported by all gTLDs. If a domain name is locked, it will not be possible to initiate a transfer procedure, so no one can even try to snatch your domain. The domain lock can be annulled only through the account where the domain is registered and all new domain names that support this feature are locked by default when they are registered.