Transferring an existing domain involves changing the domain name registrar that handles the registration service, so after the transfer itself, you will have to manage things like renewal payments or DNS resource record modifications through the new company. The transfer process 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 basic steps and one of them is unlocking the domain. The domain lock is a safety feature, which is being adopted by more and more domain registry operators. It’s a default feature supported by all generic TLDs. If a domain is locked, it will not be possible to start 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 name is registered and all new domains that support this feature are locked by default the moment they are registered.